PNM - Commercial New Construction Energy Efficiency Rebate Program

April 28, 2010

Summary

PNM is providing incentives for their commercial customers to design and build energy efficient new facilities. Buildings which exceed the current building code by 10% can get 8 cents per estimated first year kilowatt hours saved. Buildings which exceed the current building code by 20% can get 10 cents per estimated first year kilowatt hours saved. Buildings projects which utilize enhanced commissioning may also receive additional incentives. In addition to these incentives, there are also pre-set menu options that allow a commercial customer to choose from a list of approved equipment with set rebate amounts. Eligible equipment includes energy efficient lighting, HVAC, refrigeration, and motors. The incentives vary based on the equipment. Customers may also receive incentives for custom efficiency measures not included in the prescriptive program. Custom incentives are worth $0.06 per estimated first year kilowatt hour (kWh) savings.

Program Overview

Implementing Sector: Utility
Category: Financial Incentive
State: New Mexico
Incentive Type: Rebate Program
Web Site: http://www.pnm.com/rebates/new_construx_bus.htm
Administrator: PNM
Start Date:
Eligible Renewable/Other Technologies:
  • Lighting
  • Chillers
  • Heat pumps
  • Air conditioners
  • Windows
  • Motors
  • Motor VFDs
  • Comprehensive Measures/Whole Building
  • Custom/Others pending approval
  • Commercial Refrigeration Equipment
Incentive Amount: Buildings which exceed the current building code by 10%: 8 cents per estimated first year kilowatt hours saved.
Buildings which exceed the current building code by 20%: 10 cents per estimated first year kilowatt hours saved.
Enhanced commissioning incentives are also available
Lighting: Determined by comparing the baseline lighting power density for the building type to the actual lighting power density and the square footage of the lighting area.
Central Air Conditioners: $15/ton - $30/ton, varies depending on size and efficiency
Air Source Heat Pumps: $15/ton - $35/ton, varies depending on size and efficiency
Water-Cooled Chillers: $15/ton - $30/ton, varies depending on efficiency
Air-Cooled Chillers: $30/ton
Variable Speed Drives on HVAC Motors: $50/horsepower
Window Film: $0.60/sq. ft. of glazing
Energy Efficient Ice Machines: $100 - $350 per unit, varies depending on size
Other Refrigeration Components: varies depending on technology
Motors: Varies widely depending on horsepower and efficiency
Equipment Requirements: Equipment must meet minimum efficiency levels and other requirements specified in application

Contact

Name: New Construction and Retrofit Rebates Program
Organization: PNM
Address: 2001 N. 3rd Street, Suite 206
Phoenix 85004
Phone: (505) 938-9400
Email: energyefficiency@pnm.com

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.