Save $325-$375 on high efficiency gas furnaces and boilers!
ENERGY STAR® equipment with AFUE 95%+ • Select models qualify for additional $150 Federal tax credit
New Mexico Gas Company offers rebates from $325 to $375 when you have a licensed and insured participating contractor install a high efficiency gas furnace or boiler in your home. Save instantly on qualifying ENERGY STAR® equipment with an annual fuel efficiency (AFUE) rating of 95% or higher. Select models also qualify for an additional $150 Federal tax credit.
| Furnaces & Boilers | Efficiency Rating (AFUE) | Rebate Amount |
| Tier II | 95%-96.9% | $325 Rebate |
| Tier III | 97% or greater | $375 Rebate |
Only customers who receive natural gas service from New Mexico Gas Company, as evidenced by the New Mexico Gas Company residential customer account number, are eligible. Qualifying furnaces and boilers must be purchased on or after April 1, 2025 and installed by March 31, 2026. Rebate applications must be received by April 30, 2026. See Program Terms and Conditions for additional details.
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Save $115-$300 on high efficiency gas water heaters!
ENERGY STAR® certified tankless and condensing storage tank water heaters with UEF .87+
New Mexico Gas Company offers rebates from $115 to $300 when you have a licensed and insured participating contractor install a high efficiency, ENERGY STAR certified tankless or condensing water heater with an Uniform Energy Factor (UEF) of .87 or greater in your home.
| Water Heaters | Efficiency Rating | Rebate Amount |
| Tankless | UEF .87 or higher | $300 Rebate |
| Tank | ≤ 55 Gallons - UEF .64 or higher | $115 Rebate |
| Tank | > 55 Gallons - UEF .78 or higher | $115 Rebate |
Only customers who receive natural gas service from New Mexico Gas Company, as evidenced by the New Mexico Gas Company residential customer account number, are eligible. Qualifying water heaters must be purchased on or after April 1, 2025 and installed by March 31, 2026. Rebate applications must be received by April 30, 2026. See Program Terms and Conditions for additional details.
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