PNM offers a lot of great electrification rebates and programs, but their website can be a bit confusing. Mail-in Brochures that have past year deadlines are still good. Always check the website for updates and fine print on rebate limits and technical requirements. Contact PNM if you have questions.
To make your home more comfortable and affordable explore the full range of their offerings. Installing more electric appliances will likely increase your electricity bill especially if you use natural gas now, so consider a Time-of-Use plan for less expensive rates when electricity is cheaper. Or explore community solar or installing your own solar system. If you sign up for the Power Saver plan, you receive a free smart thermostat and a small sign-on and annual bonus.
Need a heat pump? You must choose one of two PNM programs – Home Energy Checkup (requires a home visit first and is currently being revamped) or Midstream (discount via installer). Heat pump water heater? Three PNM programs. See the Overview table below.
If you are still a NM gas customer you might use their insulation and sealing rebates to weatherize (PNM has an insulation rebate too). And always check for state tax credits – but make sure that the product meets both the PNM and New Mexico state technical requirements. The table below outlines PNM’s different rebate programs. In some cases you may combine more than one PNM rebate. For example, you could receive a Home Energy Checkup Early Replacement rebate of $75 for a heat pump clothes dryer and apply for an $165 appliance rebate.
More Information on PNM Programs
Home Energy Checkup (HEC) – Requires a home evaluation first from a trained energy specialist who also seals leaks and gives you an energy-saving kit.
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- List of PNM Home Energy Checkup Rebates and links to Mail-In Applications
- Check if your home qualifies. Call (855) 775-6491. Your house can have a Checkup every 10 years. If you’ve just moved in, call to see if the property has had a checkup – you will be eligible for rebates.
- Are you a Renter? Consent form for landlord to sign. (properties with four units or less)
- Schedule in-person or virtual checkup – Waiting List (as of 1/25/26) Call 855-775-6491
- Contact PNM Trade Allies for quotes to install (also check rebate forms below to make sure product meets technical requirements)
- Apply for Rebates (Attic/ceiling Insulation (5-10%), Heat Pump ($550), Heat Pump Water Heater ($300), Air Purifier ($50), Replacement of older appliances, Electric Clothes Dryer ($75), Smart Thermostat ($50) and others)
- Questions: (855) 775-6491 | info@pnmhomecheckup.com