Income Qualified
Income-qualified customers can earn rebates for installing EV chargers at their home, community, or business.
Income Qualified
Income-qualified customers can earn additional rebates for installing EV chargers at their home, community, or business.
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Residential Income-qualified residents receive additional rebates when installing EV chargers at home.
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Public Charging Recharge your customers when you install EV chargers at your income-qualified facility.
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Workplace & Fleet Recharge your fleet by installing multiple EV chargers at your income-qualified facility.
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Multifamily Recharge your income-qualified community by installing enough EV chargers to keep residents happy.
Residential
Income-qualified PNM customers can receive up to $750 on the purchase of an EV charger. To help get your new EV charger installed, PNM also offers rebates up to $3,500. Review the requirements and find out if you are income-qualified here.
Income-qualified PNM customers can receive an instant rebate when purchasing an electric vehicle from a participating New Mexico dealer. Get up to $4,000 off when purchasing or leasing a new or used electric vehicle, and up to $1,000 off when purchasing an electric bicycle. Qualifications and restrictions apply.
Public Charging
PNM wants to ensure there are sufficient chargers for their customers wherever they are and provides rebates to income-qualified facilities that install chargers for public use. Program Authorized Contractors will help determine which chargers are best for your facility and take care of the installation for a seamless process.
DC Fast Chargers
Direct Current Fast chargers typically use 480 volts. They are the fastest way to charge a compatible EV. Typically, 80% of the battery can be charged in just 30 to 60 minutes, helping your customers quickly recharge.
Level 2 Chargers
Give customers a reason to stop and shop. Level 2 chargers typically use 208 to 240 volts and can add between 12 to 25 miles per charging hour to your customer’s battery.
The PNM EV Charger rebate program offers a rebate of up to $5,000 for Level 2 chargers and up to $50,000 for DC fast chargers per charger port for income-qualified facilities. Must meet LMI Community Qualifications based on site within the Low-Income Population of 80-90 Percentile or Greater per EPA EJScreen Mapping Tool.
Workplace & Fleet
PNM is invested in recharging New Mexico’s workforce. If you have a commercial fleet, we have rebates and resources to help you keep them charged. Program Authorized Contractors are committed to ensuring quick and easy installations to keep your fleet going.
DC Fast Chargers (available for fleet use)
Direct Current Fast chargers typically use 480 volts. They are the fastest way to charge a compatible EV. Typically, 80% of the battery can be charged in just 30 to 60 minutes.
Level 2 Chargers
Level 2 chargers typically use 208 to 240 volts and can add between 12 to 25 miles per charging hour to your customer’s battery.
The PNM Easy Install method offers a rebate of up to $5,000 for Level 2 chargers and up to $50,000 for DC fast chargers per charger port for income-qualified facilities. Must meet LMI Community Qualifications based on site within the Low-Income Population of 80-90 Percentile or Greater per EPA EJScreen Mapping Tool.
Multifamily
Ensuring tenants have the ability to charge their EVs is a great benefit to any community. Our Program Authorized Contractors can help ensure your income-qualified community has adequate Level 2 chargers.
Level 2 Chargers
Level 2 chargers typically use 208 to 240 volts and can add between 12 to 25 miles per charging hour to your customer’s battery.
The PNM Easy Install method offers a rebate of up to $10,000 per charger port for income-qualified communities. Must meet LMI Community Qualifications based on site within the Low-Income Population of 80-90 Percentile or Greater per EPA EJScreen Mapping Tool.
Residential
Income eligible PNM customers receive up to a $500 rebate on the purchase of a charger plus up to $2,000 toward installation cost. Residents that self-identify as at or below 200% of the Federal Poverty Level based on household income and occupants are eligible.
Public Charging
PNM wants to ensure there are sufficient chargers for their customers wherever they are and provides rebates to income-qualified facilities that install chargers for public use. Program Authorized Contractors will help determine which chargers are best for your facility and take care of the installation for a seamless process.
Level 2 Chargers
Give customers a reason to stop and shop. Level 2 chargers typically use 208 to 240 volts and can add between 12 to 25 miles per charging hour to your customer’s battery.
The PNM EV Charger rebate program offers a rebate of up to $2,500 per charger port for income-qualified facilities. Must meet LMI Community Qualifications based on site within the Low-Income Population of 80-90 Percentile or Greater per EPA EJScreen Mapping Tool.
Workplace & Fleet
PNM is invested in recharging New Mexico’s workforce. If you have a commercial fleet, we have rebates and resources to help you keep them charged. Program Authorized Contractors are committed to ensuring quick and easy installations to keep your fleet going.
Level 2 Chargers
Level 2 chargers typically use 208 to 240 volts and can add between 12 to 25 miles per charging hour to your customer’s battery.
The PNM Easy Install method offers a rebate of up to $2,500 per charger port for income-qualified facilities. Must meet LMI Community Qualifications based on site within the Low-Income Population of 80-90 Percentile or Greater per EPA EJScreen Mapping Tool.
Multifamily
Ensuring tenants have the ability to charge their EVs is a great benefit to any community. Our Program Authorized Contractors can help ensure your income-qualified community has adequate Level 2 chargers.
Level 2 Chargers
Level 2 chargers typically use 208 to 240 volts and can add between 12 to 25 miles per charging hour to your customer’s battery.
The PNM Easy Install method offers a rebate of up to $5,000 per charger port for income-qualified communities. Must meet LMI Community Qualifications based on site within the Low-Income Population of 80-90 Percentile or Greater per EPA EJScreen Mapping Tool.
How do I apply?
PNM is dedicated to ensuring EV chargers are available to its residential and commercial customers. Rebates are available through our Easy Install method if you are working with one of our Program Authorized Contractors or by using the Online Application if the equipment has already been installed. Proof of income qualification is required.
Find a Program Authorized Contractor
Program Authorized Contractors are licensed electricians, trained on the details of the Transportation Electrification Program. Their knowledge of the program makes installing your charger easy by completing the application, providing you with a rebate, and taking the guesswork out of installing a charger.
Qualified Product List
View a list of qualified EV products available for PNM rebates.
Interested in electrifying your fleet?
Is your organization interested in receiving a fleet electrification advisory study? PNM is offering ten fleets an opportunity to learn about the feasibility of incorporating EVs through an in-depth analysis of your fleet, how it’s used, and the electrical infrastructure required to support electrification.
Policies & Procedures Handbook
Click below to view the program policies and procedures.
See if your property is right for EV chargers
Complete the form below or call us to get connected with an EV advisor.
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