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Motor and Drive Efficiency - NM

Motor and Drive Efficiency

New Mexico businesses can save energy and improve their bottom line

Overview

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.

Benefits

When you take advantage of our Motor and Drive Efficiency rebates, you can:

  • Reduce your monthly energy bills by using more energy-efficient equipment.
  • Defray upfront costs and shorten payback periods on equipment.
  • Decrease downtime and maintenance.
  • Lower related labor costs.
  • Increase output quality, operating efficiency and productive life of equipment.

Details

Rebates offered
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 to save money, cut costs and manage your bottom line

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.

Who Qualifies

To qualify, you must:

  • Be a business electricity customer of the Xcel Energy in New Mexico.
  • Purchase and install qualified equipment as listed in the appropriate application.
  • Additional measures that are not listed may qualify for “custom” rebates. Custom rebates require preapproval before you purchase any equipment.

How to Get Started

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.

Additional Information

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.