Save on an Energy-Efficient New Home
New Mexico Gas Company offers rebates to contractors who build energy-efficient homes. To qualify, builders must install a high efficiency furnace or water heater or use a whole-home approach and receive a RESNET-accredited HERS rating.
Benefits of High-Performance Homes
High-performance and ENERGY STAR® homes are 15% to 20% more energy efficient than standard homes built to code. Specialized features include:
|Tight Construction and Ducts||Effective Insulation Systems|
|Efficient Heating and Cooling Equipment||High-Performance Windows|
|ENERGY STAR Appliances and Products||Independent Energy Performance Testing|
Get Program Information
Learn more about the benefits and cost savings of building an energy-efficient home.
Contact a Builder
Get information on how you can build a high-performance, energy-efficient home.
How It Works
Products and homes completed by a registered new home builder between April 1, 2022, and March 31, 2023, are available for rebates through our 2022 program.
Available Product Rebates
|ENERGY STAR Furnace or Boiler AFUE 92%–94.9%||$200|
|ENERGY STAR Furnace or Boiler AFUE 95%–96.9%||$250|
|ENERGY STAR Furnace or Boiler AFUE 97% or Greater||$300|
|ENERGY STAR Tankless Water Heater UEF 0.87 or Higher||$225|
|ENERGY STAR Tank Water Heater ≤ 55 Gallons – UEF 0.64 or Higher||$100|
|ENERGY STAR Tank Water Heater > 55 Gallons – UEF 0.78 or Higher||$100|
|ENERGY STAR Certified||$50 per Unit|
|Base Therm Incentive (10% Above Code Minimum||$1.50|
|15% Performance Bonus||$100|
|20% Performance Bonus||$200|
|30% Performance Bonus||$300|
|Maximum Incentive (Base kWh + Performance Bonus)||$1,500|
|ENERGY STAR Version 3.1 Certification||$100|
|ENERGY STAR Certified Smart Thermostat||$50 per Unit|
Incentives will be paid on a first-come, first-served basis and are subject to project and customer eligibility and availability of funds.
How to Participate
New home builders can save on the costs of building energy-efficient homes in five easy steps:
Submit a registration form
Complete an Online Partnership Agreement if you’re building an ENERGY STAR certified home
Sign the builder agreement
Build homes according to the path you select—builders pursuing the whole-house path will need to select a participating RESNET-accredited HERS rater to complete an on-site inspection and home performance test
Submit final documentation through our online portal
Questions? Contact Brian Bjurstrom.