AC Rebates from PNM

Take advantage of rebates up to $400 when we install energy efficient equipment.

Limit two (2) cooling rebates per PNM residential electric customer account. Rebates are for existing homes only. New homes do not qualify. Rebates will be paid while funds are available. Rebate eligibility requirements are subject to change without notice, including early termination of this promotion.

To be eligible for program rebates, refrigerated air conditioner systems must meet the following minimum efficiency requirements: For a $200 rebate, Split Systems must have a minimum SEER of 15 and EER of 12.5; Packaged Systems must be at least SEER 15 and EER of 12. For a $300 rebate, Split Systems have a minimum SEER of 16 and EER of 13; Packaged Systems must be at least SEER 16 and EER of 12. For a $400 rebate, Refrigerated Air Systems must have a minimum SEER of 18 and EER of 13. Refrigerated air conditioners must be installed by a registered program contractor listed on PNM.com to be eligible for the rebate. Equipment for which a rebate is requested must be in new, unused condition. This rebate is good for purchases made March 1, 2020 through December 31, 2020 or while rebate funds are available for this program. Rebate requests must be submitted within 60 days of system installation date. The rebate paid will not exceed the purchase price of the product (excluding taxes, shipping, and installation charges).