NM – Geothermal Heat Pump Corporate Tax Credit

Title: Geothermal Heat Pump Corporate Tax Credit

Details:

The Geothermal Heat Pump Corporate Tax Credit is an Agricultural, Commercial, and Residential program for those who have energy efficient improvements made with the following: Geothermal Heat Pumps. The program offers $9k/system. The following legislation set up this program: N.M. Stat. § 7-2A-24, HB 375, and NMAC 3.4.19. For more details use the following links and contact below:

http://www.emnrd.state.nm.us/ECMD/RenewableEnergy/geothermal.htm

Contact for more information:

Stephen Lucero
New Mexico Energy, Minerals and Natural Resources Department
Energy Conservation and Management Division
1220 S. St. Francis Drive
Santa Fe, NM 87505
Phone: (505) 476-3324
E-Mail: Stephen.Lucero@state.nm.us
Web Site: http://www.emnrd.state.nm.us/ecmd/

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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