Retrofit Rebate

PNM Retrofit Rebate Program

Retrofit rebates can help offset the cost of improving your existing facility.

The Retrofit Rebate Program offers prescriptive (from a pre-set menu) and custom incentives to business customers for installing energy-efficient equipment in their existing facilities.

You can also apply for a Custom Rebate to reduce energy use with a system improvement that is not included on the prescriptive (pre-set) menu. Custom rebates are calculated using $0.08 per estimated first year kilowatt hour (kWh) saved.

Prescriptive rebates (selected from a pre-set menu of common retrofit measures) are for installing qualifying equipment in new and existing buildings, which include:

  • Energy-Efficient Lighting

    (Interior and exterior/dusk-to-dawn/12-hour operation)

    • LED lamps and fixtures
    • LED, T8 and T5 lamps replacing HID
    • Occupancy sensors and daylighting sensor controls
    • LED fixture controls
    • Linear fluorescent to linear fluorescent replacements no longer qualify
  • Heating Ventilation and Air Conditioning (HVAC)

    • Premium-efficiency unitary and split AC systems
    • Premium-efficiency air source heat pumps
    • High-efficiency water and air-cooled chillers
    • Packaged terminal AC and HP units
    • Variable refrigerant flow heat pumps
    • Hotel guest room occupancy sensors
    • Indirect evaporative cooling – Does not include swamp coolers
  • Refrigeration

    (Food Service / Grocery / Convenience Store)

    • Strip curtains for walk-in coolers and freezers
    • Night covers for refrigerated display cases
    • Anti-sweat heater controls
    • High-efficiency evaporator fan motors
    • Evaporator fan motor controls
    • LED refrigeration case lighting
    • ENERGY STAR® qualified solid-door and glass-door freezers
    • Electronically commutated motors for reach-in and walk-in coolers and freezers
    • High-efficiency ice makers
  • Food Service Equipment

    (ENERGY STAR® qualified)

    • Steam cookers
    • Combination ovens
    • Hot holding cabinets
    • Beverage vending machines
    • Commercialvat fryers and griddles
  • Premium-Efficiency Motors and Variable Speed Drives (VSDs) on HVAC Motors

  • Window Film

  • Plug Load Controls

    • On beverage vending machines, refrigerated coolers and snack machines
    • Plug load occupancy sensors
  • Industrial Equipment

    • Industrial 3-phase high-frequency battery chargers
  • Horticulture

    • LED lamps and fixtures
    • HVAC equipment

Retrofit Rebate Application

Visit the online application to access the most recent Retrofit Rebate Application.

PNM Authorized Contractors

PNM Authorized Contractors can provide you with estimates, install equipment and assist you with the application process.


Call us at 505-938-9400 or

Become a PNM Authorized Contractor

Some of the benefits you can expect by becoming an Authorized Contractor:

  • Financial advantage, such as third-party payment of incentives & cash bonuses when available
  • Technical, rebate application, and engineering support
  • Secure access to real-time program data through the Program Project Portals
  • And many more