Alternative Energy Product Manufacturers Tax Credit

Alternative Energy Product Manufacturers Tax Credit;
State: New Mexico

  • Incentive Type: Industry Recruitment/Support
  • Eligible Renewable/Other Technologies: Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Geothermal Electric, Fuel Cells, Municipal Solid Waste, Batteries, Hybrid Electric Vehicles, Electric Vehicles, Anaerobic Digestion, Fuel Cells using Renewable Fuels
  • Applicable Sectors: Commercial, Industrial
  • Amount: Determined by New Mexico Department of Taxation and Revenue
  • Maximum Incentive: 5% of taxpayer’s qualified expenditures
  • Terms: 5-year tax credit carryforward
  • Program Start Date: 7/1/2006

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