Our products and services differ based on state. Please select your state (or the state you're interested in) from the list to the left.
Why do our products and services differ based on state? Because our business is regulated by state. We have regulated operations in eight Western and Midwestern states. The different regulatory body for each state we serve determines what products and services we deliver in that state.
New Mexico businesses can save energy and improve their bottom line with our Motor and Drive Efficiency rebates.
When you install qualified high-efficiency motors or drives and use our rebates, you can reduce operating expenses without sacrificing reliability or productivity. The rebates will help offset your critical first cost – purchase price of new equipment.
When you take advantage of our Motor and Drive Efficiency rebates, you can:
| Description | Horsepower | Rebate Offer |
|---|---|---|
| Upgrade Motor "Plan B" for upgrading an in-service (working) motor | 1 - 500 hp | See our Motor Efficiency rebate tables |
| Drives (adjustable or variable) for fans and pumps | 1 hp - 200 hp | See our Drive Efficiency rebate tables |
| Custom - motor or drive applications | Motors > 500 hp Driver > 200 hp |
Rebate amounts are Individually determined |
| Constant Speed Motor Controllers1 | 5 - 500 hp | $10/hp |
| No Loss Air Drains1 | $200/unit | |
| Variable Speed Air Compressors with integrated drives1 | 10 hp - 49 hp | 10-24 hp @$4,000 25-49 hp @ $4,500 |
| 1 Rebates for constant speed motor controllers, no loss air drains and variable speed compressors: these offers began April 1, 2010. Projects with invoices prior to April 1, 2010 are not eligible for rebates. | ||
Plan ahead and understand your equipment so you save money in the long term. Inventory your motor equipment and download valuable tools to help get the most out of your motors and drives.
Refer to Additional information for helpful resources and tools.
To qualify, you must:
Refer to the appropriate application to ensure the equipment you plan to purchase is qualified for the rebate. Then complete and submit the application per attached instructions and requirements.
If you have any questions regarding our Motor and Drive Efficiency rebates, please call our Business Solutions Center at 1-800-481-4700 or contact your Account Manager.
Xcel Energy is a proud sponsor of the Motor Decisions Matter (MDM) campaign. This national campaign encourages sound motor management and planning to cut motor energy costs and increase productivity.
Visit MDM’s website for more information and helpful tools like their motor planning kit or sponsored calculator to estimate annual energy cost, capital investment, payback and more. Your vendor may also have useful tools and software.