Xcel Energy (Electric) - Commercial Energy Efficiency Rebate Program (New Mexico)

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Last modified on February 12, 2015.

Financial Incentive Program

Place New Mexico
Additional Place applies to Xcel Energy,
Name Xcel Energy (Electric) - Commercial Energy Efficiency Rebate Program (New Mexico)
Incentive Type Utility Rebate Program
Applicable Sector Commercial, Industrial
Eligible Technologies Central Air conditioners, Chillers, Comprehensive Measures/Whole Building, Compressed air, Custom/Others pending approval, Heat pumps, Lighting, Lighting Controls/Sensors, Motor VFDs, Motors, LED Exit Signs, CHP/Cogeneration, Evaporative Coolers, Hotel Room Controls, Rooftop Unit Economizer, Plate and Frame Heat Exchangers
Active Incentive Yes
Implementing Sector Utility
Energy Category Energy Efficiency Incentive Programs
Amount Air Cooled Chillers: $6/ton; plus $1 per FLV+ $0.25 per IPLV 0.1 EER above base

Water Cooled Chillers (Centrifugal): $12/ton; plus $2 per FLV+ $1.50 per IPLV 0.01 kW/ton above base
Water Cooled Chillers (Rotary Screw or Scroll): $12/ton; plus $2 per FLV+ $1.50 per IPLV 0.01 kW/ton above base
DX Units: $50 - $100/ton, plus $4 - $8 per 0.1 EER/SEER above base
Rooftop Unit Economizers: $20/ton
Hotel Room Controller: $75/unit
Package Terminal AC: $50/ton; plus $4 per 0.1 EER above base
Water Source Heat Pump: $50/ton; plus $4 per 0.1 EER above base
VSD's on Chillers: Varies, see program applicatio
Plate and Frame Heat Exchangers: Up to $400/ton
Direct Evaporative Cooling: $100/1,600 CFM
Indirect (Hybrid) Evaporative Cooling: $200/1,600 CFM
T8 Lamps: $1
Delamping T12/T8: $18 - $40/fixture (Retrofit)
T5/T8 Lamps w/ Efficient Ballast: $27 - $42 (Retrofit)
High Pressure Sodium Fixtures: $45 - $68 (Retrofit)
Parking Garage T5/T8 Fixtures w/ Efficient Ballasts: $85 (Retrofit)
High Bay T5/T8 w/ Efficient Ballasts: $60 - $98 (New Construction); $128 - $263 (Retrofit)
Hardwired CFL Fixtures: $15 - $30 (New Construction); $38 - $48 (Retrofit)
Pulse Start Metal Halide Fixtures: $18 - $42 (New Construction); $90 - $180 (Retrofit)
Ceramic Metal Halide Fixtures: $23 - $83 (New Construction); $38 - $150 (Retrofit)
Lighting Controls: $38 - $75 (New Construction)
LED Exit Signs: $38
Interior LED Lamps: $20 - $35
Interior LED Luminaires: $50 - $75 (New Construction); $100 - $125 (Retrofit)
Exterior LED Canopy/Soffit: $150 (New Construction; $250 (Retrofit)
Refrigerated Case LED Lighting: $70/door (New Construction; $100/door (Retrofit)
Small Business Lighting: Slightly modified from Retrofit/New Construction amounts
Custom Lighting: Varies, Contact Xcel
Motors: $220 - $24,000 (Replacement); $60 - $4,500 (New/Restored)
VSD: $600 - $12,000 (varies by HP)
EC Motor: $40 - $70
Constant Speed Motor Controller: $10/HP
Integrated VSD Compressor: $4000 - $4,500
Large Commercial/Industrial Study: Up to 75% of study cost; customer contribution limited to $7,500 with Xcel covering all costs above $30,000
Custom: Up to $400/kW

Equipment Requirements Chillers: See program application

DX Units: See program application
AC/Heat Pumps: Varies, see program application
Rooftop Unit Economizers: Enthalpy and CO2 control

Installation Requirements Small Business Lighting: Must be at a Small or Mid-sized business with peak demand of 400 kW or less.

Program Administrator Xcel Energy
Website http://www.xcelenergy.com/Save_Money_&_Energy/For_Your_Business/Equipment_Efficiency

Incentive Source
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Xcel Energy offers a variety of incentives to commercial and industrial customers in the New Mexico service territory. Rebates are available for central air conditioning systems, heat pumps, rooftop units, chillers, room controls, lighting measures, lighting controls, pumps, motors, variable speed drives and EC motors. Additionally, custom rebates and in-depth energy studies are available through Xcel Energy's program. Custom rebates are worth up to $400/kW saved and efficiency studies for large commercial and industrial customers can cover up to 75% of the study cost. Combined heat and power projects are also eligible for custom rebates. View the program web site listed above for more information. See the program application forms and select one based upon the purchase date of the equipment. Contact Xcel Energy for more information on this offering.

Incentive Contact

Contact Name Business Solutions Center
Division Xcel Energy
Address PO Box 8
Place Eau Claire, Wisconsin
Zip/Postal Code 54702
Phone (800) 481-4700
Fax (800) 311-0050
Email energyefficiency@xcelenergy.com
Website http://www.xcelenergy.com/Save_Money_&_Energy/For_Your_Business/Equipment_Efficiency

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]


  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"