Advanced Energy Tax Credit (Corporate);
State: New Mexico
- Incentive Type: Corporate Tax Credit
- Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Geothermal Electric
- Applicable Sectors: Commercial
- Amount: 6% credit against personal, corporate, gross receipts, compensating, or withholding taxes
- Maximum Incentive: $60 million
- Eligible System Size: 1 Megawatt or greater
- Carryover Provisions: 10 years
- Program Start Date: 7/1/2009
Contact:
Craig O’Hare
New Mexico Energy, Minerals and Natural Resources Department
Energy Conservation and Management Division
1220 S. St. Francis Drive
Santa Fe, NM 87505
Phone: (505) 476-3207
Fax: (505) 476-3322
E-Mail: craig.ohare@state.nm.us
Web Site: http://www.emnrd.state.nm.us/ecmd
Public Information
Taxation and Revenue Department
Administrative Services Division – Joseph Montoya Bldg
1100 South St. Frances Dr
PO Box 630
Santa Fe, NM 87504-0630
Phone: (505) 827-0369
Phone 2: (505) 827-0870
Web Site: http://www.tax.state.nm.us/