New Mexico headline: PNM $300-$1,500 + Sustainable Building Tax Credit + HEEHRA up to $8,000. Combined $4,000-$8,000.
Active programs
PNM (Public Service Company of New Mexico) heat pump rebates $300-$1,500.2
NM HEEHRA caps $8,000 (≤80% AMI), $4,000 (80-150% AMI).1
Sustainable Building Tax Credit can apply for qualified high-efficiency heat pumps in new construction or major renovations.3
Realistic example
Albuquerque home heat pump install:
- Install: $13,000
- PNM rebate: $1,000
- HEEHRA at 80-150% AMI: $4,000
- Net: $8,000