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

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

    Since 2020, EMNRD reported 12,000 New Mexico homeowners received solar tax credits, saving about $1,624 per year on energy costs. The projects added a total of 97 megawatts to the state’s power ...

  3. 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 ...

  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 Renewable Energy Certificate - Wikipedia

    en.wikipedia.org/wiki/Solar_Renewable_Energy...

    Solar Renewable Energy Certificates ( SRECs) or Solar Renewable Energy Credits, are a form of Renewable Energy Certificate or "green tag" existing in the United States of America. SRECs exist in states that have Renewable Portfolio Standard (RPS) legislation with specific requirements for solar energy, usually referred to as a "solar carve-out ...

  6. 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 ...

  7. Tax day is here. How going solar can keep more money in your ...

    www.aol.com/tax-day-going-solar-keep-075509662.html

    April 15, 2024 at 3:55 AM. Joe Flarida serves as the executive director of Power A Clean Future Ohio. Tax day is here and this year, Americans had a brand new list of tax credits available to them ...

  8. Economy of New Mexico - Wikipedia

    en.wikipedia.org/wiki/Economy_of_New_Mexico

    Oil and gas production, tourism, and federal government spending are important drivers of New Mexico 's economy. The state government has an elaborate system of tax credits and technical assistance to promote job growth and business investment, especially in new technologies. In 2017 New Mexico's gross domestic product was $94.2 billion.

  9. Guidelines to apply for solar tax credit

    www.aol.com/guidelines-apply-solar-tax-credit...

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