PNM to offer efficiency rebates for businesses

Published on NewsOK Modified: April 10, 2014 at 4:02 am •  Published: April 10, 2014

ALBUQUERQUE, N.M. (AP) — New Mexico's largest electric provider says it's adding a number of rebates and services to help businesses and commercial building owners save on their electricity bills.

The aim is to reduce the initial cost of energy efficiency improvements and to shorten payback periods for investments in energy systems.

PNM officials say more than $3.7 million in incentives were paid to businesses throughout New Mexico in 2013. That could grow under the new Building Tune-up program.

The program is designed to improve the efficiency of commercial buildings of all sizes by bringing mechanical and electrical systems up to peak performance levels. That could include making upgrades to air conditioning systems and inspecting heating and ventilation systems.

Tuition support for building operators to become nationally certified will also be available.