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Funding Resources
Funding Resources
| NM Net Metering Standards | |
|---|---|
| Type of Incentive | Net Metering |
| Eligible States | NM |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste heat Recovery |
| Eligible Project Size | 0-80 |
| Critical Information |
Eligible Technologies: Solar Thermal Electric, Photovoltaics, Landfill Gas, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Municipal Solid Waste, CHP/Cogeneration, Microturbines Size Limitations: 80 MW Overall Enrollment Restrictions: None Net Excess: Credited to customer's next bill at utility's avoided-cost rate or purchased by utility at avoided-cost rate monthly. |
| Start Date | 3/30/2007 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information |
The New Mexico Public Regulatory Commission (PRC) approved expanding the state's net metering rule in January 2007. The ruling allows electric utility customers to use net metering on systems with a peak capacity of up to 80 MW. Under the old rule, NMPRC Rule 570 issued in 1999, net metering was limited to systems smaller than 10 kW. Net-metered customers are credited or paid for any monthly net excess generation (NEG) at the utility's avoided-cost rate. If a customer has NEG less than $50 during a monthly billing period, the excess is carried over to the customer's next monthly bill. If NEG exceeds $50 during a monthly billing period, the utility will pay the customer the following month for the excess. Customers do not own the renewable-energy credits associated with the generation of electricity by net-metered systems. |
| Web Site |
http://www.nmcpr.state.nm.us/NMAC/parts/title17/17.009.0570.htm |
| Additional Web Site |
http://www.dsireusa.org/library/includes/ incentive2.cfm?Incentive_Code=NM01R&state=NM&CurrentPageID=1&RE=1&EE=1 |
| Primary Contact |
Jim Brack 224 E. Palace Ave. Marian Hall Santa Fe, NM 87501 U.S.A. Jim Brack (jim.brack@state.nm.us) (505) 827-6982 |