Welcome to the New Mexico Energy Conservation and Management Division's website |
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Your Source for Energy Efficiency and Clean Energy Information |
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+++ IMPORTANT NOTIFICATION +++ |
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| 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 |
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MISSION |
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OVERVIEW 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. |
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