New Mexico Energy Rebates 2026
New Mexico's federal home energy rebates are administered by Energy Conservation and Management Division, New Mexico Energy, Minerals and Natural Resources Department, and as of July 2026 they are only partly available. New Mexico's HEAR program launched on 3 September 2024 and is accepting applications, rolling out in phases. The Home Efficiency Rebates programme is still listed as coming soon. The utility and weatherization programs listed further down this page are available today. The 25C and 25D federal tax credits expired December 31, 2025.
Program status and income limits on this page were last checked against official state and federal sources on . These programs change without notice.
HOMES Rebate Program in New Mexico
| Income Level | Max Rebate | Cost Coverage |
|---|---|---|
| Low income (≤80% AMI) | Up to $8,000 | 80% of project cost |
| Moderate income (80-150% AMI) | Up to $4,000 | 50% of project cost |
| Above 150% AMI | Not eligible | N/A |
New Mexico's HEAR program launched on 3 September 2024 and is accepting applications, rolling out in phases. The Home Efficiency Rebates programme is still listed as coming soon. “In New Mexico, the Home Electrification and Appliance Rebates (HEAR) Program launched September 3, 2024.” Source: Energy Conservation and Management Division, New Mexico Energy, Minerals and Natural Resources Department.
Official HOMES Program PageHEAR (HEEHRA) Rebates in New Mexico
| Equipment | Max Rebate |
|---|---|
| Heat Pump HVAC | Up to $8,000 |
| Electrical Panel | Up to $4,000 |
| Wiring Upgrade | Up to $2,500 |
| Heat Pump Water Heater | Up to $1,750 |
| Insulation & Weatherization | Up to $1,600 |
| Electric Stove/Cooktop | Up to $840 |
Maximum total: $14,000 per household (low-income, ≤80% AMI). Moderate income (80-150% AMI) can receive up to $7,000.
Official HEAR Program PageFind Pre-Screened Installers in New Mexico
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New Mexico State Incentive Programs
PNM Energy Efficiency Programs
PNM (Public Service Company of New Mexico) offers residential efficiency rebates for smart thermostats, efficient appliances, and home energy assessments. PNM customers can visit the program page for current rebate amounts, which can be stacked with federal HEAR and HOMES rebates.
Learn moreNew Mexico Weatherization Assistance Program
Federally funded weatherization services for income-qualified NM households (at or below 200% of federal poverty level). Delivered through local Community Action Agencies. New Mexico's varied climate (hot desert to cold high-altitude) creates diverse weatherization needs, both cooling and heating improvements are relevant.
Utility Rebate Programs in New Mexico
Area Median Income (AMI) in New Mexico
HOMES and HEAR rebate amounts depend on your household income relative to the Area Median Income in your area. AMI varies by county and household size.
| Area | 80% AMI (Family of 4) | 150% AMI (Family of 4) |
|---|---|---|
| Bernalillo County | $80,300 | $150,500 |
| Santa Fe County | $87,500 | $164,000 |
| San Juan County | $64,250 | $120,400 |
| Lea County | $70,250 | $131,700 |
| Otero County | $58,300 | $109,300 |
| McKinley County | $58,300 | $109,300 |
Eligibility is set by county and household size. The 80% figures are the HUD FY2026 income limits published for each county and are reproduced as-is. HUD does not publish a 150% limit, so that column is computed from the 80% limit; checked against Minnesota's official 2026 county table, the method lands within $200 on every county, but where your state publishes its own table, that table governs. Figures are for a 4-person household and change with household size.
Use Our Calculator to Check EligibilityBefore you spend money on this
Energy Rebate Calculator is an independent website. It is not affiliated with, endorsed by, or operated by the U.S. Department of Energy, New Mexico, or any other government agency, and nothing on this page is an offer, an application, or a promise of payment.
Federal and state rebate programs launch, pause, change their amounts and run out of funds without notice, and eligibility rules differ by county, household size, housing type and sometimes by region within a state. Most programs also refuse to pay for work completed before their launch date. Figures here are published to help you understand roughly where you stand, not to be relied on as the final word.
Confirm your eligibility and the current terms directly with the administering agency, and get written confirmation, before you sign a contract or buy equipment. Where this page cites an official source, that source governs. If you spot something out of date on this page, tell us and we will correct it.
Data vintage. The rebate data on this page was last updated on . We publish this date so you can judge for yourself how current the figures are.
Frequently Asked Questions
What energy rebates are available in New Mexico in 2026?
New Mexico homeowners in 2026 can access: (1) Federal HEAR rebates for heat pumps (up to $8,000), heat pump water heaters ($1,750), insulation ($1,600), and electrical panels ($4,000) for income-qualified households (≤150% AMI); (2) HOMES whole-home performance rebates up to $8,000; (3) PNM or Xcel Energy utility rebates; (4) Free weatherization for income-qualified households. The 25C and 25D federal tax credits expired December 31, 2025.
Are federal tax credits still available in New Mexico?
No. The One Big Beautiful Bill Act (OBBBA, P.L. 119-21, signed July 4, 2025) terminated the Section 25C and 25D federal energy tax credits for installations after December 31, 2025. For 2026 installations, HEAR and HOMES rebates are the primary federal incentive paths.
Who administers HEAR and HOMES rebates in New Mexico?
The New Mexico Energy, Minerals and Natural Resources Department (EMNRD) administers both programs. Contact EMNRD or visit their website to find participating contractors. Local Community Action Agencies can help income-qualified households navigate the process.
Are heat pumps suitable for New Mexico's climate?
Yes. New Mexico's climate varies dramatically by elevation, Albuquerque's high desert (5,300 ft) has mild summers and cold winters, while the lower desert is very hot. Heat pumps are well-suited for both zones. Cold-climate heat pumps handle the high-altitude winters effectively. For the high desert, a heat pump eliminates the need for both separate AC and heating systems.
Does New Mexico have good solar economics without the federal 25D credit?
New Mexico has excellent solar resources (one of the highest average sun hours in the US). Even without the federal 25D credit (expired Dec 31, 2025), net metering policies and falling solar prices make solar financially viable. PNM has net metering for residential solar customers. EMNRD tracks current solar program availability at the state level.
How to Claim Your New Mexico Rebates
