Small business rebates

Clothing store owner smiling with tablet

Big savings for small businesses

Prioritize energy efficiency for your business

Reducing energy usage in your small business is one of the easiest ways to lower operating costs — and New Mexico Gas Company makes it even easier by offering rebates when you upgrade space and water heating equipment. Your participating contractor can even complete the installation and paperwork, so you barely need to lift a finger.

Space heating rebates         Water heating rebates

AdobeStock_369267761_resize

Space heating

Rebates up to $850

website-icon_gas-flame-burnt-orange

Replacement furnace (tier 2)
$375 rebate

website-icon_gas-flame-burnt-orange

Replacement furnace (tier 3)
$420 rebate

website-icon_boiler-burnt-orange

Replacement condensing boiler
$850 rebate

website-icon_boiler-burnt-orange

Replacement hot water boiler
$600 rebate

website-icon_smart-therm-burnt-orange

ENERGY STAR® certified smart thermostat* (limit two per business)
$50 rebate

website-icon_tune-up-burnt-orange

Furnace tune-up
$85 rebate

How to get your rebate

1

Step 1

Find a participating contractor or distributor through our online tool.

2

Step 2

Work with your participating contractor to install your new equipment. Contractor installation not required for smart thermostats.

3

Step 3

You or your contractor then submits your application. Receive your rebate in 6-8 weeks.

Restaurant employee washing hands

Water heating

Rebates up to $1,000

website-icon_tankless-water-heater-blue

Tankless water heater
(50 - 200 kBTU)
$600 rebate

website-icon_tankless-water-heater-blue

Tankless water heater
(200 - 300 kBTU)
$725 rebate

website-icon_tankless-water-heater-blue

Commercial tankless water heater
(200 - 300 kBTU)
$1,000 rebate

website-icon_water-heater-blue

Storage water heater
(40 - 75 kBTU)
$425 rebate

website-icon_water-heater-blue

Storage water heater
(200 - 300 kBTU)
$600 rebate

website-icon_water-heater-blue

Commercial storage water heater
(200 - 300 kBTU)
$1,000 rebate

Two ways to get your rebate

Work with contractor

Step 1

Find a participating contractor and work with them to select your project and/or equipment.

Step 2

You should receive your rebate in 6-8 weeks.

Do it yourself

Step 1

Purchase your qualifying equipment.

Step 2

Apply for your rebate online or download the matching application and submit via email or mail.

image-right-wave-commercial-bus

Additional savings for businesses

Too big for small business rebates? Not a problem! We also offer energy efficiency incentives to help commercial and industrial businesses save.

Learn more

Eligibility

Small business customers with an active New Mexico Gas Company account and use 6,500 therms or less per year are eligible.