Image of the energy star logo

Water Heating Rebates

Get rebates from $100 to $300 on qualifying ENERGY STAR® certified water heaters.

New Mexico Gas Company offers rebates from $100 to $300 when you have a licensed and insured participating contractor install a high efficiency ENERGY STAR water heater. Rebates are available for qualifying tankless and storage tank models.

Visit the ENERGY STAR website for a list of eligible models. Qualifying water heaters installed between April 1, 2020 and March 31, 2021 are available for rebates with our 2020 program. Rebate application and additional information is provided below.

Additional $300 Federal tax credit available on select models. Click here to learn more.

Why choose an ENERGY STAR certified water heater?

  • Energy and money savings. With a tankless water heater, you could cut your water heating costs up to 30% and save as much as $50 per year on gas bills compared to a standard model.
  • Continuous hot water. Tankless water heaters provide a continuous flow of hot water so even the last one out of bed gets a hot shower!
  • Space-saving design. Small and wall-mounted, tankless water heaters can save a closet’s worth of space in your home.
  • Rebates available. Save from $100 to $300 with a rebate on your purchase when you use a licensed and insured participating contractor. Only 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.

Existing Home

Tankless .87 or higher $300 Rebate
Storage Tank ≤ 55 Gallons - UEF .64 or higher $115 Rebate
Storage Tank >55 Gallons - UEF .78 or higher $115 Rebate

New Home

Tankless .87 or higher $225 Rebate
Storage Tank ≤ 55 Gallons - UEF .64 or higher $100 Rebate
Storage Tank >55 Gallons - UEF .78 or higher $100 Rebate

 

How to Participate

1. Find a participating contractor to install your equipment List of participating contractors
2. Save your documentation Invoice
AHRI certificate
3. Submit your rebate application You can submit your rebate application 1 of 3 ways:
4. Get your rebate Expect your check in 6-8 weeks.

back to top