Advanced Energy Deduction & Advanced Energy Tax Credit — NM Taxation & Revenue Department funding opportunity
NM Taxation & Revenue Department · State agency

Advanced Energy Deduction & Advanced Energy Tax Credit

Administered by NM Taxation & Revenue Department Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generati...

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Deadline Rolling Location New Mexico Type tax credit Level State Open
✦ AI Summary
  • Who can apply: State-level applicants (see eligibility for details).
  • Deadline: Rolling — applications accepted any time.
  • Issued by: NM Taxation & Revenue Department.
How was this generated?

The “key facts” mode pulls structured fields directly from the official source posting (amount, deadline, eligibility tags). The AI mode adds a short plain-English narrative on top, generated from the same source. Always verify with the agency before applying.

AI-generated. Always verify with the official source.

Deadline
Rolling

About this opportunity

Administered by NM Taxation & Revenue Department Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. In addition, a taxpayer who holds an interest in a qualified generating facility in New Mexico that files a corporate income tax return may claim a credit for 6% of the eligible generation plant costs of a qualified facility. Advanced Energy Tax Credit Application 2021 Advanced Energy Tax Credit Claim Form 2016 Advanced Energy Gross Receipts Deduction Form 2015

Funding agency

Tags

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Who can apply

Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. In addition, a taxpayer who holds an interest in a qualified generating facility in New Mexico that files a corporate income tax return may claim a credit for 6% of the eligible generation plant costs of a qualified facility. Advanced Energy Tax Credit Application 2021

Geographic eligibility

  • New Mexico

How to apply

We don't have application instructions on file yet — head straight to the official source.

Apply on agency site
Tip from our team:

Read the agency's eligibility checklist before you start — it's almost always shorter than the full NOFO and will tell you in 90 seconds whether to keep going.

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Source documents

View on agency site
Canonical NOFO, application packet, and forms
No supplemental documents yet.

Direct downloads (NOFO PDFs, application forms, FAQs) will appear here once our team attaches them. For now, the agency site has the canonical packet.

Citation details

Source systemnm-grants
Source IDedd-tax-advanced-energy-deduction-advanced-energy-tax-credit

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