Committee gives due pass to HB128, creating $20 million Local Solar Access Fund to support small community solar and storage projects

Mar 6, 2025

The Senate Conservation Committee advanced HB128, establishing a $20 million nonrecurring Local Solar Access Fund at NMFA to finance planning and implementation grants prioritizing rural, low-income and underserved communities for small solar-plus-storage projects.

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House Bill 128, which would establish a Local Solar Access Fund at the New Mexico Finance Authority and include a nonrecurring appropriation of $20 million to support planning and implementation grants for distributed, community-focused solar and battery-storage projects, received a due-pass recommendation from the Senate Conservation Committee.

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