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New Mexico Solar Energy Incentives
Solar Photovoltaic (PV) panel & Solar Thermal systems Rebates & Credits:
Solar (PV) systems: Yes, various rebates see below.
Solar Thermal: Yes, various rebates see below.
Net-Metering: YES, Farmington Electric = Credited to customer's next bill at retail rate; carries over indefinitely or paid for at end of 12-month period.
Property Tax Exemption: 100% deduction of increased property value for 25 years.
Sales Tax Refund/Rebate: N/A
Personal Tax Credit: 10% of purchase and installation costs, plus $0.027/kWh (average) for solar.
Click here for additional information on Solar Incentives for New Mexico
http://www.dsireusa.org/incentives/index.cfm?re=1&ee=1&spv=0&st=0&srp=1&state=NM
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