Committee advances microgrid tax credit aimed at underserved communities; bill wins unanimous committee support
Senate Bill 418 would create a $100,000 refundable/transferable tax credit per qualified microgrid, administered by the Energy, Minerals and Natural Resources Department, to incentivize microgrids and generation in underserved New Mexico communities. The committee returned a unanimous do-pass recommendation.
The full story
The Senate committee advanced Senate Bill 418, which would establish a qualified microgrid tax credit designed to spur construction of microgrids and associated generation in underserved communities across New Mexico.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
or
Free account
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in