Buyer's Guide 2024
Property Tax Exemption for Residential Solar Systems
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Financial Incentive
- Program Type
- Property Tax Incentive
- Implementing Sector
- State
- State
- New Mexico
- Eligible Storage Technologies
- Solar Water Heat, Solar Space Heat, Solar Photovoltaics
- Incentive Amount
- Approximately 100%
- Maximum Incentive
- None specified
- Eligible System Size
- None specified
- Equipment Requirements
- Must be an "installation that is used to provide space heat, hot water or electricity to the property in which it is installed and is: (1) an installation that uses solar panels that are not also windows; (2) a dark-colored water tank exposed to sunlight; or (3) a non-vented trombe wall."
- Administrator
- New Mexico Energy, Minerals and Natural Resources Department
- Applicable Sectors
- Residential
- Budget
- Start Date
- 01/01/2010
- Last Updated
- 09/21/2021
- Funding Source
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