New Mexico Natural Resources Department Releases Information on Solar Tax Credit Deadline

The New Mexico Energy, Minerals, and Natural Resources Department released information on the solar market development credit application deadline. Applications for solar systems installed between 2020 and 2024 must be filed by Dec. 31, 2025. The tax credit remains in effect and available for systems installed from 2025 through 2031, but each installation year has its own deadline. The document outlines the application process and eligibility criteria for the credit. [N.M. Energy, Minerals & Nat. Res. Dep’t, Solar Tax Credit Deadlines, 10/24/25]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.