Clean Energy Tax Incentives
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Welcome to the New Mexico Energy Conservation and Management Division's website

Your Source for Energy Efficiency and Clean Energy Information

 
+++   IMPORTANT NOTIFICATION   +++
 
The $5 million annual cap for the residential portion of the Sustainable Building Tax Credit (SBTC) for the 2013 tax year has been met and credits are no longer available for 2013. Governor Martinez recently signed Senate Bill 14 which extends the SBTC to 2016 and makes some changes to the law. The Energy, Minerals and Natural Resources Department will need to update the program’s rules based on the new law. When the rules are updated and promulgated later this year, the Energy, Minerals and Natural Resources Department intends to again issue a Certificate of Eligibility to approved applicants. At this time, we anticipate that the first eligible tax year on those certificates will be 2014. Your patience is appreciated.
Fund Updates as of 6/10/13:
2013 COMMERCIAL: $0 used, $5 million available
2014 COMMERCIAL: $0 used, $1 million available
2014 RESIDENTIAL: $1,263,152.10 used, $2,736,847.90 available
 
 

MISSION
The Energy Conservation and Management Division develops and implements effective clean energy programs – renewable energy, energy efficiency and conservation, clean fuels and efficient transportation – to promote environmental and economic sustainability for New Mexico and its citizens.

 

OVERVIEW
By statute (Sections 9-5A-1 through 7, NMSA 1978), the New Mexico Energy Conservation and Management Division (ECMD) "shall plan, administer, review, provide technical assistance, maintain records and monitor state and federal energy conservation and alternative energy technology programs." Included are programs related to the development and use of solar, wind, geothermal, and biomass resources as well as alternative fuels and transportation. In addition, this division provides technical assistance and information in these areas to government agencies, Indian tribes and pueblos, educational institutions, and the general public. ECMD receives U.S. Department of Energy funding support through its State Energy Program (SEP) to accomplish our division's clean energy goals.

ECMD partners with citizens, businesses, industry, schools, universities, and research laboratories to invest in clean energy infrastructure and to conduct clean energy programs. Our staff develops and implements effective clean energy programs – renewable energy, energy efficiency and conservation, efficient transportation and clean fuels – that reduce energy use and utility expenditures by increasing and diversifying energy supplies to promote environmental and economic sustainability for New Mexico and its citizens.

As the importance of energy efficiency, energy conservation, and renewable energy grows each year , the State of New Mexico and ECMD continue to promote the development and implementation of effective programs that strive to lessen dependence on fossil fuels and foreign oil.

Louise N. Martinez, Division Director

 
New Mexico Clean Energy Projects (2013)
New Mexico Clean Energy Projects
(March 2013)


 

 
New Mexico Energy, Minerals and Natural Resources Department | Copyright 2013
1220 South St. Francis Drive | Santa Fe, NM 87505 | P: (505) 476-3200 | F: (505) 476-3220
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