Title: Property Tax Exemption for Solar Systems
Details:
The Property Tax Exemption for Solar Systems is a Residential program for those who have energy efficient improvements made with the following: Solar Space Heat, Photovoltaic, and Solar Water Heat. The program offers a cap on property tax assessments where it can’t increase by more than 3%. The following legislation set up this program: N.M. Stat. § 7-36-21.2. For more details use the following links and contact below:
http://www.nmlegis.gov/Sessions/10%20Regular/final/HB0233.pdf
Contact for more information:
Ryan Helton
New Mexico Energy, Minerals and Natural Resources Department
Energy Conservation and Management Division
1220 S. St. Francis Drive
Santa Fe, NM 87505
Phone: (505) 476-3318
Fax: (505) 476-3322
E-Mail: ryan.helton@state.nm.us
Web Site: http://www.emnrd.state.nm.us/ecmd/
