Federal IRA Investment Tax Credit (Section 48/48E)

New Mexico — state programSee program

Federal investment tax credit for on-site solar and storage projects under IRA Sections 48/48E. Domestic content requirements are increasing in 2026. Can be combined with the New Mexico SMDTC and utility net-metering programs.

Program details

Type: tax-credit
Eligibility: Businesses installing on-site solar and battery storage; domestic content requirements apply and are increasing in 2026
Status: open
More Info: https://clean.energy.nm.gov/clean-energy-concierge/commercial-industrial-on-site-pathways/

Source: New Mexico — state program. Confirm current terms with the administering agency before applying.

Where it applies

New Mexico

Find out whether your facility qualifies

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