Small Business Rebates
Save on Space and Water Heating Equipment for Your Small Business
Improving energy efficiency in your small business is one of the easiest ways to reduce operating costs. New Mexico Gas Company offers instant rebates when you replace old space and water heating equipment. Your participating contractor or distributor will even complete the installation and paperwork.
Benefits of Replacing Space and Water Heating Equipment
Making energy-saving upgrades now will help increase your bottom line and lower your energy costs for years to come, plus:
1
Reduce Overhead
Spend less on your operating costs.
2
Improve Comfort
Enhance the environment for customers and employees.
3
Decrease Maintenance
Save time and money with fewer maintenance needs and unexpected downtime.
4
Increase Efficiency
Save energy with reliable, high-efficiency equipment.
5
Instant Rebates
Instant rebates are available on high-efficiency equipment when you have a participating contractor or distributor install your equipment.
How It Works
High-efficiency space and water heating equipment must be purchased on or after April 1, 2025 and installed by March 31, 2026. Rebate applications must be received by April 30, 2026. See Program Terms and Conditions for additional details.
| Space Heating Available Rebates | ||
|---|---|---|
| Space Heating Available Rebates Equipment Type | Space Heating Available Rebates Efficiency Rating | Space Heating Available Rebates Instant Rebate Amount |
| Space Heating Available Rebates, Space Heating Available Rebates, Space Heating Available Rebates Gas Furnaces | ||
| Space Heating Available Rebates Furnaces | Space Heating Available Rebates (up to 225 MBH, AFUE ≥ 95%) | Space Heating Available Rebates $375 |
| Space Heating Available Rebates Furnaces | Space Heating Available Rebates (up to 225 MBH, AFUE ≥ 96%) | Space Heating Available Rebates $420 |
| Space Heating Available Rebates, Space Heating Available Rebates, Space Heating Available Rebates Gas Boilers | ||
| Space Heating Available Rebates Hot Water Boiler | Space Heating Available Rebates (up to 300 MBH, AFUE ≥ 85%) | Space Heating Available Rebates $600 |
| Space Heating Available Rebates Condensing Boiler | Space Heating Available Rebates (up to 300 MBH, AFUE ≥ 92%) | Space Heating Available Rebates $850 |
| Water Heating Available Rebates | ||
|---|---|---|
| Water Heating Available Rebates Equipment Type | Water Heating Available Rebates Efficiency Rating (UEF) | Water Heating Available Rebates Instant Rebate Amount |
| Water Heating Available Rebates, Water Heating Available Rebates, Water Heating Available Rebates Gas Storage Water Heaters | ||
| Water Heating Available Rebates Small Storage Water Heater | Water Heating Available Rebates (40-75 MBH, EF ≥ 0.80) | Water Heating Available Rebates $425 |
| Water Heating Available Rebates Large Storage Water Heater | Water Heating Available Rebates (75-300 MBH, Et ≥ 0.90) | Water Heating Available Rebates $600 |
| Water Heating Available Rebates Large Storage Water Heater | Water Heating Available Rebates (75-300 MBH, Et ≥ 0.95) | Water Heating Available Rebates $1,000 |
| Water Heating Available Rebates, Water Heating Available Rebates, Water Heating Available Rebates Gas Tankless Water Heaters | ||
| Water Heating Available Rebates Small Tankless Water Heater | Water Heating Available Rebates (50-200 MBH, EF ≥ 0.94) | Water Heating Available Rebates $600 |
| Water Heating Available Rebates Large Tankless Water Heater | Water Heating Available Rebates (200-300 MBH, Et ≥ 0.90) | Water Heating Available Rebates $725 |
| Water Heating Available Rebates Large Tankless Water Heater | Water Heating Available Rebates (200-300 MBH, Et ≥ 0.94) | Water Heating Available Rebates $1,000 |
Customers who receive natural gas service from New Mexico Gas Company, as evidenced by the New Mexico Gas Company commercial customer account number, are eligible.
How to Participate
Improve energy efficiency at your business in four easy steps:
2
Work with your participating contractor or distributor to identify the best, energy-efficient equipment for your business’s unique needs
3
Choose your upgrades and have your participating contractor or distributor perform the installations
4
Your NMGC instant rebate will be reflected on your invoice