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No longer accepting applications
Renewable Energy Production Tax Credit (REPTC)
New Mexico — state program2.7¢/kWh for wind, varies for solarDeadline: closed
New Mexico's legacy Renewable Energy Production Tax Credit provided a per-kilowatt-hour production credit for utility-scale wind, solar, and biomass projects, helping attract large projects and support compliance with the state Renewable Portfolio Standard. REPTC provided a per-kWh production credit (2.7¢/kWh for wind, varies for solar). New applications closed in 2023; existing projects continue to receive credits through their contract terms.
Program details
- Type
- tax-credit
- Amount
- 2.7¢/kWh for wind, varies for solar
- Deadline
- closed
- Eligibility
- Utility-scale wind, solar, and biomass projects; new applications closed in 2023
- Status
- closed
- Administrator
- New Mexico Energy Conservation and Management Division (ECAM)
Source: New Mexico — state program. Confirm current terms with the administering agency before applying.