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Tax Credits

State Tax Credit


The state tax credit is not through Central Valley Electric Cooperative, and we do not guarantee any certain tax credit. You should consult your tax accountant if you have detailed or specific questions about your situation.


State of New Mexico Tax Credit: The State of New Mexico offers a tax credit of 30% on qualified ground source heat pumps with a $9,000 cap (tax credit set to expire the end of 2020).



Learn more about Geothermal Heat Pumps and our program:

What is Geothermal?

Geothermal Rebates




For a FREE no obligation consultation about geothermal,call or email:

(575) 746-3571

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