New Mexico Heat Pump Rebate Calculator
Estimate your New Mexico heat pump rebate range through PNM Home Energy Checkup Rebates. Use this guide to understand the key factors and check the official source for exact current amounts.
How much is the New Mexico heat pump rebate?
PNM: $550 flat rebate for split or packaged air source heat pump replacing equipment of SEER 13 or less. Must complete a PNM Home Energy Checkup BEFORE purchasing equipment. Purchase within 6 months of checkup completion. Submit claim within 7 months of checkup. Maximum 2 cooling rebates per residential account. Visit pnmhomecheckup.com to schedule checkup.
CRITICAL: Must complete PNM Home Energy Checkup BEFORE purchasing the heat pump. Applications for equipment purchased before the checkup will not be accepted.
PNM serves central and northern New Mexico (Albuquerque, Santa Fe, Las Cruces) — approximately 55–60% of NM electricity customers.
El Paso Electric (southern NM, Las Cruces area) and other utilities have separate programs — verify your utility at pnm.com.
Schedule your checkup at pnmhomecheckup.com or call 1-855-775-6491.
Claims take 6–8 weeks to process after submission.
Not a guarantee of eligibility. Verify current amounts with your utility or PNM Home Energy Checkup Rebates.
Check PNM Home Energy Checkup Rebates official siteKey factors that determine your New Mexico rebate
See a fully interactive rebate calculator
Heat pump rebate calculators show how fuel type, utility, and system size interact to affect rebate amounts. The same logic — fuel type, utility tier, system size, income — applies across programs including PNM Home Energy Checkup Rebates in New Mexico.
View New Mexico HVAC rebates