Water Heating Rebates

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

1

Energy and Cost Savings

Cut your water heating costs by up to 30% and save as much as $50 annually on gas bills.

2

Continuous Hot Water

Enjoy a constant flow of hot water in every shower—even when you have a full house.

3

Space-Saving Design

Save a closet’s worth of space in your home with small, wall-mounted models.

4

Rebates

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.

Available Rebates
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
New Construction
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

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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:

2

Save invoice including the model number, serial number and AHRI certification

3

Submit your application by mail, email or online

4

Get your rebate in 6–8 weeks

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Online Tool

Use our step-by-step online tool

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Email or Mail

Digitally send or print and mail your rebate application using instructions found on the form.

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