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Space Heating Rebates

Save up to $375 on a Gas Furnace or Boiler

New Mexico Gas Company offers instant rebates from $325 to $375 when you have a participating contractor install a high efficiency gas furnace or boiler in your home. Save instantly on qualifying ENERGY STAR® equipment with an annual fuel efficiency (AFUE) rating of 95% or higher. Select models also qualify for an additional $150 Federal tax credit.

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Benefits of a High Efficiency Gas Furnace or Boiler

1

Energy and Cost Savings

Cut your energy costs with equipment that is at least 12% more efficient than standard models.

2

Increased Comfort

Rely on lasting comfort with a high-quality system that carriers a longer warranty.

3

Improved Safety

Enjoy peace of mind with a system that reduces the risk of carbon monoxide exhaust in your home.

4

Rebates

Save up to $375 on your purchase when you have a participating contractor install your unit.

How It Works

Qualifying furnaces and boilers must be purchased on or after April 1, 2024 and installed by March 31, 2025. Rebate applications must be received by April 30, 2025. See Program Terms and Conditions for additional details.

Available Rebates
Equipment TypeEfficiency Rating (AFUE)Instant Rebate Amount
Tier II95%–96.9%$325
Tier III97% or greater$375

 

 

Save up to $675 on a Combination Boiler/Water Heater

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.

 

Benefits of a Combination Boiler/Water Heater

1

Energy and Cost Savings

Improve efficiency and save on costs without having to continuously heat water in a tank.

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 $675 on your purchase when you have a participating contractor install your unit.

How It Works

Qualifying combination boiler/water heaters must be purchased on or after April 1, 2024 and installed by March 31, 2025. Rebate applications must be received by April 30, 2025. See Program Terms and Conditions for additional details.

Space Heating Available Rebates
Equipment TypeEfficiency Rating (AFUE)Instant Rebate Amount
Tier II95%–96.9%$325
Tier III97% or greater$375

 

Water Heating Available Rebates
Equipment TypeEfficiency Rating (UEF)Instant Rebate Amount
Tankless Water HeaterUEF .87 or higher$300
Indirect Water HeaterUEF .87 or higher$300

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 with a high efficiency gas furnace or boiler in four easy steps:

2

Work with your participating contractor to identify the best, energy-efficient equipment for your home’s unique needs

3

Choose your upgrades and have your participating contractor perform the installations

4

See your NMGC instant rebate on your invoice

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Find a Contractor

Search our database to find a participating contractor

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