Residents of New Mexico Can Apply For A Second Chance To Go Solar With $6,000 Tax Credits!
According to the report of Yahoo News, New Mexico is giving taxpayers a second chance to get solar tax credits. If you missed out on these credits from 2020 to 2023 because the program was full, you can now apply again with new funding available. This chance helps people who want to install solar panels but were previously denied.
New Mexico is reintroducing solar tax credits, giving taxpayers who missed out between 2020 and 2023 a second opportunity to benefit from these incentives. With new funding now available, residents who were previously unable to secure credits due to program limits can reapply.
The updated program offers credits covering up to 10% of solar installation costs, with a maximum benefit of $6,000 per year. This initiative aims to make solar energy more accessible and affordable for New Mexicans looking to install solar panels.
To learn more about the program and check eligibility, visit the Energy, Minerals, and Natural Resources Department (EMNRD) website.
New Funding Enhances Solar Tax Credits in New Mexico, Promoting Renewable Energy
The infusion of new funds highlights New Mexico’s commitment to supporting green energy solutions and making solar power more financially viable. This move underscores the state’s dedication to expanding renewable energy adoption and helping residents reduce their energy bills.
