Texas New Mexico Power Company: Solar PV Pilot Program
Rebates for solar panels at $2/watt DC up to $20,000.
Learn more about this energy rebate or find a contractor who knows about this rebate and will help you get started.
Texas New Mexico Power (TNMP) offers rebates to its residential customers that install photovoltaic (PV) systems on homes. Rebates may be assigned to the customer, a service provider, or a third party.
Rebates are offered at a flat rate of $1.75 per watt (DC) for all customers with a maximum rebate of $17,500. Larger systems are eligible, but may only receive incentives for the first 10 kilowatts (kW) of installed capacity. In addition, systems may not be sized to produce energy in excess of that required to meet annual on-site energy consumption. Customers may only apply for one rebate per point of service, as defined by a unique meter ESI-ID number. Customers with multiple points of service are therefore permitted to apply for multiple rebates, subject to the restriction above and other program limits (e.g., limits on total incentives available to a single customer).
Systems must be new, connected to the grid on the customer side of the meter, meet minimum estimated performance requirements (80% of optimum), and meet all applicable code and utility interconnection requirements. All installations must be performed service providers who meet program eligibility requirements. Service providers are also subject to ongoing quality assurance standards and are required to attend technical training sessions. Installations may be subject to a variety of inspection and performance monitoring requirements in the short- and long-term. System owners retain title to renewable energy certificates (RECs) produced by their system.
The total program budget is $120,000 for the 2012 program year. No single customer or Service Provider may reserve more than 50% of available funds during a program year.