Renewable Energy Credits for Solar PV Installation
PNM offers the Renewable Energy Credit (REC) purchase program whereby PNM will purchase RECs from customers who install solar PV systems (up to 10 kilowatts in capacity) at a rate of $0.13/kilowatt-hour (kWh) through 2018. PNM will then be able to apply these RECs towards their obligations under the state’s RPS. The program has funding for 1.2 megawatts (MW) of solar installations, at a cost of about $2.8 million. To learn more, contact: Customer Service, PNM, Customer Generation Programs, Alvarado Square, MS 0510, Albuquerque, NM 87158-0001; 505-241-2589; http://www.pnm.com/customers/pv/program.htm
Click here For More Information On green grants for small business .