The Efficient Use of Energy Act requires investor-owned utilities in New Mexico to offer demand-side management and load management programs to their customers. The programs should be designed to achieve electricity savings totaling 5% of their 2005 retail sales by 2014, and 10% of their 2005 retail sales by 2020. All programs adopted by a utility must first be approved by the New Mexico Public Regulation Commission (PRC).
New Mexico's Energy Efficiency and Renewable Energy Bonding Act, which became law in April 2005, authorizes up to $20 million in bonds to finance energy efficiency and renewable energy improvements in state government and school district buildings. At the request of a state agency or school district, the New Mexico Energy, Minerals and Natural Resources Department will conduct an energy assessment of a building to determine specific efficiency measures which will result in energy and cost savings.
Effective January 1, 2010, El Paso Electric is purchasing renewable energy certificates (RECs) from its New Mexico customers who install small photovoltaic (PV) systems and wind systems up to 10 kilowatts (kW) in capacity, and medium systems between 10 kW and 100 kW.
The El Paso Electric (EPE) SCORE Plus Program is designed to help participants identify energy efficiency opportunities in existing and newly planned facilities and to provide monetary incentives to help implement the projects. The program is funded by the El Paso Electric Power Company and is being offered at no cost to participants. SCORE is a voluntary program that offers objective, third party consulting on best practices in the areas of energy usage and energy efficiency. No products or services are sold through the SCORE Program.
EPE offers incentives to residential customers in its New Mexico service territory that purchase and install high efficiency equipment for residential use. Eligible equipment includes air conditioners, heat pumps, evaporative cooling units, replacement windows, air infiltration equipment, insulation, new homes, duct efficiency, and solar screens. An incentive is also available for the proper recycling of working refrigerator units. Rebates are valid for new or existing residential dwellings.
The El Paso Electric (EPE) Commercial Efficiency Program pays incentives to commercial and industrial customers who install energy efficiency measures in facilities located within EPE's New Mexico service territory. Eligible equipment includes central air conditioners, chillers, heat pumps, variable frequency drives, window treatments, lighting equipment and custom measures. Large facilities may also develop and implement energy efficiency plans separate from these rebate offerings. Customers should contact the utility for details on this option.
The Efficient Use of Energy Act of 2005 allows public electric and natural gas utilities to implement cost-effective energy-reduction programs. The programs may be funded through a tariff rider for energy-efficiency and load management programs. The charges on the consumer cannot exceed the commission’s approved tariff for that customer’s bill or $75,000 per year. The Act also provides for monitoring, verification, and periodic reporting by the utility on its energy efficiency expenditures and overall program effectiveness.
The Drinking Water State Revolving Loan Fund provides low cost financial assistance to eligible public water systems to finance the cost of repair and replacement of drinking water infrastructure, maintain or achieve compliance with the federal Safe Drinking Water Act (SWDA) requirements, and protect drinking water quality and public health.
Industries that wish to build or modify facilities that emit air pollutants (emissions) into the air must obtain an air quality permit prior to constructing. Thus, these permits are called construction permits.
The New Mexico Finance Authority has been approved to administer a $13.2 million Small Business Collateral Support Participation Program. The funds are dedicated to help finance credit worthy small businesses leverage private lending when they are unable to obtain the capital required to expand and create jobs.