Buyer's Guide 2024
New Mexico Gas Company - Commercial 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
- Clothes Washers, Water Heaters, Furnaces, Boilers, Steam-system upgrades, Custom/Others pending approval, Other EE, Food Service Equipment, Tankless Water Heater
- Incentive Amount
- Tankless Water Heater (Large): $800-$1,000
Tankless Water Heater (Small): $350 - $400
Water Heater (Large): $500-$550
Water Heater (Small): $500
Hot Water Boiler: $125
Condensing Boiler: $600
Furnaces: $400-$500
Commercial Clothes Washer: $100
Steam Trap Service: $50-$125/trap
Commercial Kitchen Equipment: Varies, from $100-$2,000/unit, based on technology
Custom: $0.60/therm (1-5 year measure life); $0.90/therm (+5 year measure life) - Equipment Requirements
- Tankless Water Heater (Large): Et greater than or equal to 90%
Tankless Water Heater (Small): EF greater than or equal to 0.82
Water Heaters (Large): Et greater than or equal to 90%
Water Heaters (Small): EF greater than or equal to 0.67
Hot Water Boiler: AFUE greater than or equal to 85%
Condensing Boiler: AFUE greater than or equal to 92%
Furnaces: AFUE greater than or equal to 90%-94%
Commercial Clothes Washer: CEE Tier 1 or ENERGY STAR - Administrator
- New Mexico Gas Company
- Applicable Sectors
- Commercial, Industrial, Schools, Federal Government, Institutional
- Budget
- Last Updated
- 02/05/2021
- Funding Source
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