The New Mexico Gas Company provides incentives for energy saving measures and improvements to residential homes. Rebates are available for adding insulation and for homes which attain Energy Star certification. Free weatherization services are also offered by New Mexico Gas Company to income qualified customers. For additional information on rebates and program guidelines, review the program web site or contact New Mexico Gas Company.
The New Mexico Gas Company Commercial Energy Efficiency programs provide energy savings for businesses using natural gas for cooking and water heating. Prescriptive incentives for specified equipment custom rebates for natural gas saving measures are available to commercial customers. All equipment must meet the efficiency and installation requirements stated by New Mexico Gas Company.
Net metering is available to all "qualifying facilities" (QFs), as defined by the federal Public Utility Regulatory Policies Act of 1978 (PURPA)*, which pertains to systems up to 80 megawatts (MW) in capacity. Previously, net metering in New Mexico was limited to systems up to 10 kilowatts (kW) in capacity.
This regulation establishes sulfur emission standards for natural gas processing plants. Standards are stated for both existing and new plants. There are also rules for stack height requirements, record keeping and reporting.
This rule establishes requirements for emissions from, and design and operation of, municipal waste combustion units. "Municipal waste" means all materials and substances discarded from residential dwellings and similar types of materials discarded from institutional, commercial, governmental, and industrial sources. The term does not include industrial process waste or hazardous wastes.
'''''Note: The Federal Housing Financing Agency (FHFA) issued a [http://www.fhfa.gov/webfiles/15884/PACESTMT7610.pdf statement] in July 2010 concerning the senior lien status associated with most PACE programs. In response to the FHFA statement, most local PACE programs have been suspended until further clarification is provided. '''''
This program funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to six months. The program reimburses 40-75% of employee wages. Custom training may also be covered. Three categories of businesses are eligible for the program: companies that manufacture or produce a product in New Mexico; non-retail service companies exporting a substantial percentage of service out of state; and certain green industries. Jobs must be full-time and year round to be eligible.
Interconnection in New Mexico is governed by New Mexico Public Regulation Commission (PRC) Rule 568 and Rule 569. These rules, adopted in July 2008, revised and clarified the state's existing rules. Rule 569 applies to all qualifying facilities (QFs) under PURPA, which generally includes all renewable-energy systems and combined-heat-and-power (CHP) systems up to 80 megawatts (MW) in capacity.
A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-based job. The credit amount equals 10% of the wages and benefits paid for each new economic-base job created. Qualified jobs criteria include minimum salary requirements. To qualify, employers must make more than 50% of their sales to persons outside of New Mexico. Qualified employees must reside in New Mexico and cannot own more than 50% of the company or be a relative of the employer.