Energy Rebates and Tax Credits in Ruidoso Downs, NM

Our simple list of all the government energy rebates, energy tax credits and financing options, including ENERGY STAR rebates for appliances in Ruidoso Downs, NM can help you make your home energy efficient without having to pay full price.

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12 Rebates and Tax Credits in Ruidoso Downs, NM Change Location

Residential Energy Efficiency Rebate Program

Central New Mexico Electric Cooperative
Rebates for water heaters, washers and dishwashers for $170, and refrigerators and freezers for $80.

Renewable Energy Production Tax Credit (Personal)

New Mexico
Tax credits for solar thermal electric, solar panels, landfill gas, wind systems, biomass and anaerobic digestion.

Solar Market Development Tax Credit

New Mexico
Income tax credit for solar panels and solar thermal systems for up to $9,000.

Sustainable Building Tax Credit (Personal)

New Mexico
Tax credits for solar space/water heaters, solar panels, wind systems and daylighting.

Geothermal Heat Pump Tax Credit (Personal)

New Mexico
Tax credit up to $9000 for installing a geothermal heat pump.

Property Tax Exemption for Residential Solar Systems

New Mexico
Property tax exemption for solar energy systems.

Solar Energy Gross Receipts Tax Deduction

New Mexico
Gross tax deductions for solar energy installations.

Residential Energy Conservation Subsidy Exclusion (Personal)

US Government
Rebates and incentives from utilities for efficiency are not taxable.

Residential Renewable Energy Tax Credit

US Government
Federal tax credit of 30% of cost for solar panels, wind energy, solar water heaters, geothermal heat pumps and fuel cells.

Residential Energy Efficiency Tax Credit

US Government
Federal tax credit of 10% up to $500 of cost for energy efficiency upgrades like heat pumps, furnaces, air conditioners, insulation, water heaters, windows, doors and roofs.

Energy-Efficient Mortgages

US Government
Loans from FHA, VA and other lenders for energy efficiency upgrades and renewable energy upgrades like solar panels and passive solar space heaters.

USDA - High Energy Cost Grant Program

US Government
Grants for energy generation, transmission and distribution facitlities in rural communities.