PNM DOES NOT partner with solar companies to provide incentives, discounts, or rebates. Companies that are making such assertions are misrepresenting their relationship with PNM.

There are many good websites to find out more about solar energy. Here are a few:

• https://www.ecowatch.com/solar
• https://www.ecowatch.com/solar/solar-panel-cost
• https://www.forbes.com/home-improvement/solar/solar-panel-pricing-incentives-new-mexico/

You should never sign a "Power of Attorney" with any third-party to go solar.

PNM DOES NOT install or sell solar systems to the public. PNM does not employ door-to-door salesmen to promote renewable energy technologies or promote $0 solar systems. Companies that are making such assertions are misrepresenting PNM and are not authorized to utilize PNM materials as a sales tactic.

The New Mexico State Legislature passed a law that mandates companies who sell or lease private solar energy systems to be completely transparent with regards to the costs and obligations. View the bill that was signed into law. Also, it is important to keep in mind that: Most contracts - even those offering zero down - may have hidden costs and annual escalation clauses that will impact the overall cost of the system. These contracts will also specify what your obligations and liabilities are to the solar company, and they can vary significantly from company to company. Fine print may be hard on the eyes, but it can be devastating on the wallet if you do not make sure you've read everything. Some contracts stipulate that you refund your federal tax credit you receive to the installer in order to lock in a price or to realize the full total of the savings they propose. Read any contract or proposal carefully to see if this would apply to you.

Solar systems without battery banks aren't able to produce the energy needed to power a home or business at night and on cloudy days with limited sunlight, . So even with solar, you may still need to rely on PNM for electricity. Also, some energy intensive units - like a refrigerated air conditioning system - may require more power than a solar system can provide to power on during hot summer days. Finally, because solar customers are still connected to the grid, they will also be affected by outages impacting their home or business.

Before purchasing or leasing a roof-installed solar system, you should verify the condition of your roof. A typical roof lasts approximately 20 years on average. If you don't know when your roof was installed or last repaired, it is a good idea to have it inspected by a professional prior to installing a solar system. You also need to find out from the solar company what happens if you need to repair your roof once your panels are installed and include the costs associated with removing your panels and reinstalling them in your financial analysis.

Do you think you will move in the next 20 years? If you sell your home and have purchased your solar system, it will likely be considered an asset that could increase the value of your home. On the other hand, if you have leased your system, the debt associated with the contract could be considered a liability. Depending on your lease agreement, you could be required to pay off the remainder of the lease to sell your home; leave the system behind, which requires the buyer assume the lease payments; or pay the leasing company to move your system. All of these options could have financial costs associated with them, so it is important to consider them as you consider your options.

Efficient homes can often be fully powered with a 2-4 kilowatt system, whereas typical homes may require a 4-6 kilowatt system

No. Landlines cannot receive text messages. You will not receive a code, nor will you receive an error message that the code could not be sent. Please ensure that the number you select to receive your code is capable of receiving text messages.

If you're a licensed electrician, you can perform the work yourself: review the technical requirements for a small system, 10 kW or less, grid-tied.

Most contractors are willing to prepare all of the application and even include the application fee in the overall bid. - Please keep in mind that you, as the interconnection customer, must sign the application; your contractor can not sign on your behalf. - Make sure your contractor is aware of the forms and information at www.pnm.com/solar/reference library

Once we receive your application, PNM will review it to make sure your proposed system meets all safety and regulatory requirements. PNM will notify you and your contractor if your application is complete or not. If incomplete, we will provide you with a list of what is missing. Your application will be held until we receive these items. You have nine months from the date you were notified your project passed the technical screening to complete the installation. When construction is complete, PNM will complete a technical screening of the project to make sure it meets requirements set by The New Mexico Interconnection Manual (.pdf) prior to interconnection.

No. All solar customers are required to allow a PNM meter reader to access their property or have a remote read meter installed (additional fee may apply) for PNM to perform the meter reading. Depending on the size of the solar system installed and agreement type between the solar customer and PNM, PNM may bank energy credits for the customer or pay the customer for solar production exceeding their monthly consumption. In order to assure billing accuracy, PNM personnel is required to perform the monthly meter reading.

No. The REC incentive program was discontinued by the PRC December 31, 2022.

Depends on the terms of your REC agreement. Please read your REC agreement to review your terms and conditions.

Yes. Please read your REC agreement for the termination date.

Contact PNM for a copy of your agreement.