ThermSmart New Homes Program

Rebates for New Home Builders

New Mexico Gas Company offers rebates to home builders to build above code energy efficient homes.  Rebates are available when a home builder installs high efficient furnaces and/or water heaters or has a RESNET-accredited HERS rating of their home(s).  Qualifying products and homes must be installed or completed between April 1, 2017 and March 31, 2018 by a registered new home builder.  The following rebate path options are available:

Prescriptive Products Path

Product

Rebate Amount

Description

Water Heating

$225

Condensing Tank or Tankless, EF of .90 or greater

Furnace & Boilers

$200

92%-94.9% AFUE

$250

95%-96.9% AFUE

$300

97% AFUE or greater

 

HERS Rated Performance Whole-House Path

HERS Rating

Rebate Amount

Description

$200

15% - Performance Bonus

$300

20% - Performance Bonus

$500

30% - Performance Bonus

$1.50

Base Therm Incentive (10% minimum) over UDRH

$1,500

Maximum incentive for Whole-House Path (base therm calc + performance bonus)

$100

ENERGY STAR® Bonus

 

How To Participate

  1. New Home Builders complete and submit the program registration form.
  2. Builders Interested in constructing ENERGY STAR® certified homes, should also fill out an Online Partnership Agreement with the national ENERGY STAR® for New Homes Program at ENERGY STAR®. 
  3. Complete and acknowledge the builder agreement, which will be sent after registering.
  4. Build homes according to the Path you have selected.
  5. Performance Whole-House Path Builders will need to select a Program Participating RESNET-accredited HERS rater.  HERS rater will conduct on-site inspections and home performance testing.  Contact us for a list of participating HERS raters. 
  6. Obtain and submit final documentation for each home to New Mexico Gas Company via the online rebate portals. Access will be granted after registration and acknowledgment.

If you have questions or would like to obtain more information, contact Monica Rust, New Homes Account Manager, at Monica.Rust@icf.com 

Incentives will be paid on a first-come, first-served basis, and are subject to project and customer eligibility and availability of funds.

High Performance Home Benefits

High Performance and ENERGY STAR® Homes are 15% to 20% more energy efficient than code built homes. Home builders achieve higher efficiency by incorporating a variety of specialized features, including:

  • Tight Construction and Ducts
  • Effective Insulation Systems
  • Efficient Heating and Cooling Equipment
  • High-Performance Windows
  • ENERGY STAR® Appliances & Products
  • Independent Testing of Energy Performance

If you’re looking for a high performance, energy efficient new home, call one of our participating homebuilders today!