Last Updated February 10, 2023
Program Overview
Category:
Regulatory Policy
State:
New Mexico
Incentive Type:
Community Solar Rules
Administrator:
Public Regulation Commission
Start Date:
04/01/2022
Expiration Date:
N/A
Web Site:
Applicable Sectors:
Eligible Renewable/Other Technologies:
Solar Photovoltaics
Summary
S.B. 84, enacted in April 2021, established a community solar program in New Mexico. Community solar facilities can generate up to 5MW of alternating current and must have at least 10 subscribers. A single subscriber can purchase no more than 40% of the electricity from a system, and at least 40% of each system's electricity must be reserved for smaller subscriptions of 25kW or less. Native community solar projects are exempt from these requirements. In addition, 30% of a system's electricity must be reserved for low-income subscribers. The program will open to the public in April 2023.
Through April 2024, there are 200 MW available, split between the three major utilities. After this, an annual cap will be created. Native and rural cooperative solar projects are exempt from this cap.