PNM - Residential Energy Efficiency Rebate Program
Administered by PNM
PNM offers rebates on ENERGY STAR appliances (fridges, washers, dishwashers, AC units, thermostats, windows, and more) available as instant discounts at checkout or post-purchase within 6 months. Start with a free Home Energy Checkup to unlock exclusive rebates plus about $100 in free products; low-income customers get the checkup fee waived. You can stack PNM rebates with retailer sales and state/federal incentives for maximum savings, with mail-in rebates processed in 6-8 weeks.
PNM's program supports contractor customer sales by offering instant rebates at point-of-sale and post-purchase rebates for qualifying ENERGY STAR equipment across multiple categories. Contractors should direct customers to the PNM home rebates portal and encourage Home Energy Checkup appointments, which unlock exclusive rebates and drive appliance replacement decisions; note that rebates are first-come, first-served with annual capacity limits that reset each calendar year.
PNM funds this first-come, first-served rebate program from diverse sources including the New Mexico Mortgage Finance Authority, Department of Energy, LIHEAP, and customer contributions; since 2007 the utility has invested $121 million and saved 5.9 billion kWh. The program targets residential customers (including renters in 4-unit buildings with landlord approval) and low-income households with waived Home Energy Checkup fees. Specific limits include two refrigerators/freezers per account, typically one rebate per appliance type, and two cooling rebates per electric account.
Program details
- Program ID
- 2990
- Last updated
- 7/14/2025
Eligibility
- Sectors
- residential low income residential
- Technologies
- clothes washers dishwasher refrigerators/freezers air conditioners programmable thermostats windows custom/others pending approval pool pumps induction cooking appliance electric clothes dryer heat pump clothes dryer
Program summary
Note: Energy efficiency program appointments and rebates are on a first-come, first-served basis and are for a limited time only. Once a program reaches its maximum capacity for the year, the program will resume the next calendar year.
PNM offers several types of incentives for residential customers to improve the energy efficiency of eligible homes. Rebates are available for appliances and cooling equipment.
PNM also offers the PNM Home Energy Checkup, which gives residential customers a snapshot of their home's electricity use and identifies opportunities to reduce electricity waste. The fee for any Home Energy Checkup package is waived for customers meeting certain income requirements.
For more information, visit the program website.
Contact & resources
- Additional resources
Please verify current program details with the administering agency before making any financial decisions.
