NM – Advanced Energy Tax Credit (Personal)

Title: Advanced Energy Personal Tax Credit in New Mexico

Details:

The Advanced Energy Personal Tax Credit is a Commercial program for those who have energy efficient improvements made with the following: Photovoltaic, Geothermal Electric, Energy Storage, and Solar Thermal Electric. The program offers up to $60 million or 6% for a min system size of 1MW. The following legislation set up this program: N.M. Stat. § 7-2-18.25 and SB 237. For more details use the following links and contact below:

http://www.xcelenergy.com/solar

http://www.gosolarcalifornia.org/equipment/pv_modules.php

http://www.gosolarcalifornia.org/equipment/inverters.php

http://www.xcelenergy.com/New%20Mexico/Residential/RenewableEnergy/Solar_Rewards/Pages/TieredPricing.aspx

http://www.gosolarcalifornia.org/equipment/index.html

Contact for more information:

Ted Schooley
New Mexico Environment Department
1190 St. Francis Drive
Harold Runnels Building
Sante Fe, NM 87503
Phone: (505) 476-4334
Fax: (505) 827-2836
E-Mail: ted.schooley@state.nm.us
Web Site: http://www.nmenv.state.nm.us/

Public Information
Taxation and Revenue Department
Administrative Services Division – Joseph Montoya Bldg.
1100 South St. Frances Dr
PO Box 630
Santa Fe, NM 87504-0630
Phone: (505) 827-0369
Phone 2: (505) 827-0870
Web Site: http://www.tax.state.nm.us/

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