EnergyPal

Buyer's Guide 2024

New Mexico Gas Company - Residential Efficiency Programs

Solar & Battery Regulation & Incentive Programs

Program Overview

Category
Financial Incentive
Program Type
Rebate Program
Implementing Sector
Utility
State
New Mexico
Eligible Storage Technologies
Water Heaters, Furnaces, Building Insulation, Tankless Water Heater
Website
https://www.nmgco.com/en/residential_rebate_programs
Incentive Amount
High Efficiency Showerhead: FREE
Insulation Tier 1: 25% of cost up to $500
Insulation Tier 2: 25% of cost up to $300
Tankless Water Heater: $225-$300
Storage Tank Water Heater: $100-$115
Gas Furnace: $200 - $375
Smart Thermostat: $50
Maximum Incentive
Insulation: $500
Equipment Requirements
Insulation Tier 1: Must have R-11 or less and install R-19 or greater
Insulation Tier 2: Must have between R-12 and R-19 and install R-38 or greater
Administrator
New Mexico Gas Company
Applicable Sectors
Construction, Residential, Multifamily Residential
Budget
Last Updated
02/05/2021
Funding Source

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