New Mexico Solar Market Development Tax Credit
New Mexico Energy, Minerals and Natural Resources Department
About This Program
The Grant Map catalogs New Mexico Solar Market Development Tax Credit in its Lovington, NM research directory. The record carries audience tags for homeowners; those tags do not establish eligibility or current service coverage.
State income tax credit for residential solar photovoltaic systems installed in New Mexico. Credit equals 10% of system cost up to $6,000. Can be combined with federal solar investment tax credit (30%).
State tax credit is 10% of solar installation cost up to maximum
The cited program-specific URL responded on 2026-07-21; confirm current terms.
Record set last reviewed 2026-06-09. How we verify our data.
Other published resources for Lovington, NM, are listed below. Review each separately and ask the administrators whether they can coordinate funding for the same work:
- FEMA Hazard Mitigation Grant Program (HMGP) Varies, no individual cap; projects typically $10K-$200K+
- FEMA Increased Cost of Compliance (ICC) Coverage Up to $30,000
- HUD Lead Hazard Control & Healthy Homes Varies by jurisdiction, typically $5,000-$15,000 per unit
- EPA / WIIN Act Lead Service Line Replacement Varies, full line replacement cost covered in many programs
Key Details
- State tax credit up to $6,000 for solar PV
- 10% of solar system installation cost
- Available to all New Mexico homeowners
- Combines with 30% federal solar tax credit
- System must be installed by certified contractor
How to Apply
Some programs require contractor estimates, licenses, or inspections. A cited link may be general, so confirm the current rules with the administrator before hiring; a directory match does not guarantee contractor eligibility or funding.
You may need a contractor or estimate
Some programs for this project type ask for a license, inspection, or written estimate. Confirm the rule before contacting a contractor in Lovington.
Get matched with a contractorEach administrator sets its contractor rules. Confirm exact requirements directly; the cited URL may be a general agency page.
Your application paperwork
New Mexico's New Solar Market Development Tax Credit is a state income tax credit for up to 10 percent of the cost of a solar energy system on a home you own, capped at 6,000 dollars. You must first apply to the Energy, Minerals and Natural Resources Department (EMNRD) for certification through its online portal, within one year of installation, then claim the certified credit on your New Mexico return.
Steps to apply
- Have a solar energy system installed and pass the local building code inspection.
- Apply for certification on the EMNRD online portal within one calendar year of installation.
- Submit proof of ownership, the itemized invoice, and the building code inspection report.
- After EMNRD issues your certificate of eligibility, file it with the New Mexico Taxation and Revenue Department to claim the credit.
Documents you will likely need
- A current property tax bill or other proof you own the home where the system is installed.
- An itemized invoice of equipment, materials, and labor costs.
- The building code inspection report (authority, permit number, inspection date).
- The EMNRD certificate of eligibility, filed with your New Mexico tax return.
Requirements vary by program and locality. Confirm the exact rules and application route with the administrator. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Tax year 2025, ongoing program
Questions about this program?
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Frequently asked questions
What amount is listed for New Mexico Solar Market Development Tax Credit in Lovington, NM?
The Grant Map record states: Up to $6,000 state tax credit. Confirm the current amount and eligible costs with the administrator.
What audience tags are recorded for New Mexico Solar Market Development Tax Credit in Lovington?
The directory record carries audience tags for homeowners. It also carries a no-income-limit tag. These tags do not establish eligibility; confirm the complete current rules with the administrator.
How do I apply for New Mexico Solar Market Development Tax Credit in Lovington, NM?
Confirm the application route directly with New Mexico Energy, Minerals and Natural Resources Department; use the cited source on this page as a starting point or call (505) 476-3310. Confirm any fee or cost with the administrator. Deadline: Tax year 2025, ongoing program.
Need a Contractor for This Project?
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More ways to save on this project
Rebates and discounts that may reduce project cost. Confirm eligibility and coordination rules before including one in your budget.
Find More Programs in Lovington, NM
This is one of several kinds of assistance that may be available. Review other programs separately and confirm whether their administrators allow coordination for the same work.
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