New Mexico: heat pump & home energy rebates

New Mexico is accepting applications for federally funded Home Energy Rebates.

Status last verified 2026-09-20. Rebate funding is finite and rules change mid-year — confirm details on the official program page before committing to a contractor.

Federal money, state doors

The federal 25C and 25D tax credits ended December 31, 2025. Federal support now flows through two programs each state runs itself: HEAR (Home Electrification and Appliance Rebates — up to $8,000 for a heat pump, income-qualified) and HOMES (whole-home efficiency rebates based on measured savings). Amounts, eligibility and timing in New Mexico are set by the state's energy office.

Programs in New Mexico

Program-by-program details for New Mexico are being verified and will be published here with amounts, income limits and application links.

While you wait — or on top of rebates

Utility rebates often stack with state programs. Check your electric utility's efficiency page.
Weatherization (air sealing, insulation) usually pays back faster than equipment — and HOMES rewards measured savings.
Get a Manual J load calculation before accepting any heat pump quote; oversizing wastes both the rebate and the savings.