Space Heating Rebates

New Mexico Gas Company offers rebates from $200 to $375 when you have a participating contractor install a high efficiency gas furnace or boiler in your home. Get rebates on qualifying ENERGY STAR® equipment with an annual fuel efficiency (AFUE) rating of 92% or higher. Select models also qualify for an additional $150 Federal tax credit.
Cut your energy costs with equipment that is at least 12% more efficient than standard models.
Rely on lasting comfort with a high-quality system that carriers a longer warranty.
Enjoy peace of mind with a system that reduces the risk of carbon monoxide exhaust in your home.
Save up to $375 on your purchase when you have a participating contractor install your unit.
Qualifying furnaces and boilers 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 Furnace or Boiler | ||
Tier I | 92%–94.9% | $275 |
Tier II | 95%–96.9% | $325 |
Tier III | 97% or greater | $375 |
New Construction | ||
Tier I | 92%–94.9% | $200 |
Tier II | 95%–96.9% | $250 |
Tier III | 97% or greater | $300 |
If your boiler also supplies hot water for your home, you could be eligible for a higher rebate. New Mexico Gas Company offers rebates up to $675 when you have a participating contractor install a high efficiency, ENERGY STAR certified combination boiler/water heater in your home.
Improve efficiency and save on costs without having to continuously heat water in a tank.
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 $675 on your purchase when you have a participating contractor install your unit.
Qualifying combination boiler/water heaters installed between April 1, 2022 and March 31, 2023 are available for rebates through our 2022 program.
Space Heating Available Rebates | ||
---|---|---|
Equipment Type | Efficiency Rating (AFUE) | Rebate Amount |
Replacing Existing Furnace or Boiler | ||
Tier I | 92%–94.9% | $275 |
Tier II | 95%–96.9% | $325 |
Tier III | 97% or greater | $375 |
New Construction | ||
Tier I | 92%–94.9% | $200 |
Tier II | 95%–96.9% | $250 |
Tier III | 97% or greater | $300 |
Water Heating Available Rebates | ||
---|---|---|
Equipment Type | Efficiency Rating (UEF) | Rebate Amount |
Replacing Existing Water Heater | ||
Tankless | UEF .87 or higher | $300 |
Indirect Water Heater | UEF .87 or higher | $300 |
New Construction | ||
Tankless | UEF .87 or higher | $225 |
Indirect Water Heater | UEF .87 or higher | $225 |
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.
Start saving with a high efficiency gas furnace or boiler in four easy steps:
Find a participating contractor
Save invoice including the model number, serial number and AHRI certification
Get your rebate in 6–8 weeks