Save up to $300 on Gas Water Heaters
New Mexico Gas Company offers rebates from $100 to $300 when you have a participating contractor install a high efficiency ENERGY STAR® certified gas water heater in your home. Get rebates on qualifying natural gas tankless and tank water heater models. Select models also qualify for an additional $300 Federal tax credit.
Benefits of ENERGY STAR Certified Water Heaters
Energy and Cost Savings
Cut your water heating costs by up to 30% and save as much as $50 annually on gas bills.
Continuous Hot Water
Enjoy a constant flow of hot water in every shower—even when you have a full house.
Save a closet’s worth of space in your home with small, wall-mounted models.
Save up to $300 on your purchase when you have a participating contractor install your unit.
How It Works
Qualifying water heaters installed between April 1, 2022 and March 31, 2023 are available for rebates through our 2022 program.
|Equipment Type||Efficiency Rating (AFUE)||Rebate Amount|
|Replacing Existing Water Heater|
|Tankless||UEF .87 or higher||$300|
|Tank Water Heater||≤ 55 Gallons - UEF .64 or higher||$115|
|Tank Water Heater||> 55 Gallons - UEF .78 or higher||$115|
|Tankless||UEF .87 or higher||$225|
|Tank Water Heater||≤ 55 Gallons - UEF .64 or higher||$100|
|Tank Water Heater||> 55 Gallons - UEF .78 or higher||$100|
Customers who receive natural gas service from New Mexico Gas Company, as evidenced by the New Mexico Gas Company residential customer account number, are eligible.
How to Participate
Start saving on your water heating costs in four easy steps:
Find a participating contractor
Save invoice including the model number, serial number and AHRI certification