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  2. Spike in New Mexico solar tax credits expected. Here's how ...

    www.aol.com/spike-mexico-solar-tax-credits...

    Solar power is one of the fastest-growing energy sectors in the state, with 1,890 megawatts installed as of the fourth quarter of 2023, making up about 8.2 percent of New Mexico’s electricity.

  3. List of power stations in New Mexico - Wikipedia

    en.wikipedia.org/wiki/List_of_power_stations_in...

    The electrical energy generation mix in 2023 was 38.7% wind, 35.2% natural gas, 19.1% coal and 6.5% solar PV. Biomass, geothermal, hydroelectric, and petroleum each generated less than a 0.5% share combined. Small-scale solar including customer-owned photovoltaic panels delivered net 702 GWh to New Mexico's electricity grid in 2023.

  4. New Mexico solar projects to receive $156 million

    www.aol.com/mexico-solar-projects-receive-156...

    April 25, 2024 at 11:34 PM. Apr. 25—New Mexico is set to receive $156 million for various solar energy projects, largely intended to help low-income residents, as part of the federal Inflation ...

  5. Solar power in New Mexico - Wikipedia

    en.wikipedia.org/wiki/Solar_power_in_New_Mexico

    Solar thermal. As of January 2012, no concentrated solar power (CSP) plants are currently planned for New Mexico since the addition of the first 6 MW in the state in 2011. Though NREL claims the state has the "technical potential" to install 4,860,000 MW of CSP covering 47% of the area of the state, at 2017 prices such a proposal would require ...

  6. Net metering in New Mexico - Wikipedia

    en.wikipedia.org/wiki/Net_metering_in_New_Mexico

    Up until the end of 2016, New Mexico offered a 10% state tax credit for solar installations. The tax credit began in 2008. Solar companies operating in New Mexico say they are okay to absorb the loss of the state tax credit, meaning that they don't believe it will affect their business. However, in addition to the loss of the tax credit ...

  7. 7 Biden-Backed Tax Incentives To See if You Qualify For ... - AOL

    www.aol.com/7-biden-backed-tax-incentives...

    If you make under $150,000 or have a combined family income under $300,000, you can get a $7,500 tax credit for qualifying new electric vehicles. For used electric cars, a $4,000 credit is ...

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