- Sandia National Laboratories (SNL)
Since the1970s, SNL has a sustained research program portfolio in solar, wind, and geothermal energy science and technologies. SNL has continued to add research programs in biofuels and biomass to their renewable-energy portfolio. Sandia continues to be on the forefront of new systems and technologies to build more efficient and reliable renewables.
- National Solar Thermal Test Facility (NSTTF)
is operated by Sandia National Laboratories for the US Department of Energy and is the only test facility of its type in the US. The primary goal of NSTTF is to provide experimental engineering data for the design, construction, and operation of unique components and systems in proposed solar thermal electrical plants planned for large-scale power generation.
- Regional Test Center (RTC)
The US Department of Energy established five RTCs as part of a broad national effort to make solar energy-cost competitive. The RTCs validates new technologies by demonstrating their performance and reliability under field conditions over time. The Albuquerque, NM RTC is managed by Sandia National Laboratories.
- CFV Solar Test Laboratory
Is a state-of-the-art photovoltaic (PV) test center that is ISO 17025 accredited by A2LA for testing services of flat-plate PV, thin-film and CPV modules, and is a preferred third party test laboratory for a number of major PV module manufacturers. Test capabilities include: Outdoor testing, indoor testing, measurement capabilities and services, and extended accelerated aging and reliability tests. CFV performs prescribed certification tests to the various standards for PV modules such as IEC, ANSI, UL, and CEC.
- Photovoltaic System Evaluation Laboratory (PSEL)
is located at Sandia National Laboratories and provides expertise and test support within several facilities and outdoor sites for evaluating PV and other distributed energy hardware.
- Distributed Energy Technologies Laboratory (DTEL)
is an extension of the power electronics testing capabilities of PSEL providing expertise and test support for grid-connected and off-grid performance evaluations as well as specialized tests.
- Job Training Incentive Program (JTIP)
The state's highly flexible JTIP program offers a cash reimbursement to a business for on-the-job training for qualified employees of qualified employers. Customized training may be provided by post-secondary educational institutions, company trainers, or outside trainers.
- High Wage Jobs Tax Credit
A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-base job. The credit amount equals 10% of the wages and benefits paid for each new economic-base job created.
- Manufacturing Investment Tax Credit
New Mexico tax law provides for a credit equal to 5.125 percent of the value of qualified equipment and other property used directly and exclusively in a manufacturing operation. The credit can be applied against compensating, gross receipts tax or withholding tax due.
- Single Sales Factor
Business engaged in manufacturing may choose to take part in single sales factor apportionment for calculation of their corporate income tax liability. This is a phased-in credit and is expected to be fully phased-in during the 2018 tax year. In 2017 the apportionment is 80% sales.
- Industrial Revenue Bond (IRB)
IRB’s allow for significant real and personal property tax and compensating (use) tax exemptions. Terms vary by community.
- Advanced Energy Tax Credit
A 6% tax credit against gross receipts, compensating or withholding taxes, up to $60 million, is available for development and construction costs of solar thermal electric plants, associated energy storage devices, geothermal electric systems, and photovoltaic systems.
- Biomass-Related Equipment and Materials Deduction
The value of equipment such as boiler, turbine-generator, storage facility, feedstock processor, interconnection transformer or biomass material used for bio-power, bio-fuels, or bio-based products may be deducted in computing the compensating tax due.
- Property Tax Exemption for Solar Systems
Roof-top scale solar energy system installations are exempt from property tax assessments at the time the system is installed. The solar system improvements would not be assessed property taxes until the property is sold.
- Agricultural Biomass Income Tax Credit
A dairy or feedlot who transports agricultural biomass to a facility that uses agricultural biomass to generate electricity or make biocrude or other liquid or gaseous fuel for commercial use may apply for a credit at $5 per wet tone of mass transported up to a combined maximum of $5,000,000. The credit has an expiration date of January 1, 2020.
- Biodiesel Blending Facility Tax Credit
An operator of a refinery in New Mexico, any person who blends special fuel in New Mexico, or the owner of special fuel stored at a pipeline terminal in New Mexico, who installs biodiesel blending equipment for the purpose of establishing or expanding in a facility to produce blended biodiesel fuel is eligible to claim a credit against gross receipts tax or compensating tax. A certificate of eligibility may be obtained from the Energy, Minerals, and Natural Resources Department to apply for this credit. The credit is equal to 30% of the purchase cost of the equipment plus 30% of the cost of installing that equipment. The credit cannot exceed $50,000 with respect to equipment installed at any one facility. The credit may be applied against the taxpayer’s gross receipts tax or compensating tax liability. The credit may be carried forward for four years from the date of the certificate of eligibility.
- Solar Market Development Tax Credit
The Solar GRT Deduction is available for vendors who sell or install solar energy systems that provide hot water, electricity, or space heat to the property on which it is installed may be deducted from gross receipts before the tax is calculated.
- Gross Receipts Tax Deduction for Wind and Solar Systems
New Mexico provides a gross receipts tax deduction for eligible renewable (Solar Thermal Electric, Photovoltaic, and Wind) and other applicable technologies sold to federal, state, or local government entities.