Clean Car and Charging Unit Tax Credit

Welcome to the New Mexico Energy, Minerals and Natural Resources Department (“Department”) online application website for clean car income tax credit and clean car charging unit income tax credit.

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Vehicles

A New Mexico individual who has purchased a qualifying new or used vehicle on or after May 15, 2024, and prior to January 1, 2030, from a New Mexico licensed motor vehicle dealer or a dealer located on tribal land, may be eligible to apply for clean car income tax credit certification. Applications for certification of the state tax credit shall be made no later than one year from the date on which the vehicle is purchased or the lease is entered into.

 

Qualifying vehicles are:

1. Either a battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), or hydrogen fuel-cell electric vehicle (FCEV)
2. Cost no more than$55,000 in maximum total value (for new vehicles) or $25,000 in total value maximum and at least 2 years old (for pre-owned vehicles).

 

Chargers

A New Mexico individual who has purchased and installed a clean car charging unit designed for charging electric vehicles, plug-in hybrid electric vehicles, or fuel cell vehicles between May 15, 2024, and prior to January 1, 2030, may be eligible to apply for clean car charging unit income tax credit certification. Applications for the state tax credit shall be made no later than one year from the date the charging unit is purchased or, if the unit is installed, the installation date.

 

Qualifying chargers are:

1. A level one (1) and two (2) electrical vehicle charger used to provide electricity to an electric vehicle or plug-in hybrid electric vehicle.
2. A level three (3) direct current fast charger must provide at least 50 kilowatts of direct current electrical power for charging an electric vehicle.
3. A fuel cell charging unit is a facility or unit that dispenses liquefied or compressed hydrogen for fuel cell vehicle refueling

 

Applicants must submit information required for the clean car or charging unit application to the Department for processing.

 

Applications require supporting documentation at the time of data entry. If applications do not have complete set of required supporting documents, the application will be electronically returned to applicant for completion. In these cases, the applicant will be notified by email of the reason(s) why the Department rejected the application. The applicant may amend the application to remedy the rejection by resubmitting the application package with the requested items. Resubmitted applications must re-complete the signature page. The resubmitted application will be processed as if it were a new application – this includes being placed back at the beginning of the queue.

 

An applicant who completes an application via the web portal will receive a confirmation email that the application submission was successful. That email message will include a unique link to check the status of the application. Please allow 3-4 weeks for application processing. When a certificate of eligibility for the clean car income tax credit is available for retrieval, the Department will send the applicant an email notification. Once you have received your certificate of eligibility from the Department, you may then claim your clean car income tax credit against your tax liability with Taxation Revenue Department.

 

Quick Overview

Step 1 – Assess your eligibility.

Step 2 – Gather required supporting documents.

Step 3 – Apply for tax credit via the Energy Minerals and Natural Resources Department’s (EMNRD) online application portal.

Step 4 – Receive a certificate of eligibility tax credit award from EMNRD.

Step 5 – Claim your tax credit with New Mexico Taxation and Revenue Department.

 

Clean Car Required Documents:

 

An application for new vehicle shall contain the following information as attachments:

(1) Purchase agreement, or proof of purchase from, or proof of new lease through, a dealer licensed by the motor vehicle division of the department pursuant to Section 66-4-2 NMSA 1978 or a dealer located on tribal land within New Mexico.

(2) The vehicle’s registration in New Mexico.

(3) Vehicle purchase sticker or vehicle specification sheet.

(4) Any additional information the energy, minerals, and natural resources department may require determining eligibility for the credit.

 

An application for previously owned motor vehicle certification of eligibility shall include:

(1) Proof of purchase from, or lease through, a dealer licensed by the motor vehicle division of the department pursuant to Section 66-4-2 NMSA 1978 or a dealer located on tribal land within New Mexico.

(2) The vehicle’s registration in New Mexico.

(3) Vehicle purchase sticker or vehicle specification sheet.

(4) Proof that the dealer provided at least a one-year warranty against defects and repairs for the previously owned vehicle.

(5)        Any additional information the energy, minerals and natural resources department may require in determining eligibility for the credit.

 

Clean Car Charging Unit Required Documents:

 

An application for a clean car charging unit personal income tax credit shall contain the following information as attachments:

(1) Proof of clean car charging unit purchase.

(2) Post-installation digital photo of the operating clean car charging unit.

(3) Clean car charging unit specification sheet containing:

(a) For an electrical charging unit: connector type(s), plug type(s), manufacturer, model, serial number, voltage, and amperage of the electric vehicle charging unit, and whether the electrical current is alternating or direct.

(b) For a fuel cell charging unit: technical specifications on the fuel dispensing unit and fuel storage system, including information about operational pressures of the fuel cell charging unit and.

(c) The specification sheet must match the charging unit submitted for the tax credit.

(4) A copy of any applicable building code authority inspections, including permit number, issuance date, and date of inspection, noted on a physical form, or a photo of inspection sticker or a web-based report approved by the applicable building code authority, or similar document if applicable.

(5) Any additional information the energy, minerals and natural resources department may require to determine tax credit eligibility.

 

Links:

 

Online application portal: https://wwwapps.emnrd.nm.gov/ECMD/CleanCarSubmissions/

Consumer Job Aid Clean Car

Auto Dealer Job Aid Clean Car (temporarily unavailable)

Job Aid Clean Car Charging Unit Tax Credit (temporarily unavailable)

Locate additional FAQs: https://www.emnrd.nm.gov/ecmd/faq/

Rule 3.3.36 NMAC, Clean Car Tax Credit, Personal Income Tax

Rule 3.3.37 NMAC, Clean Car Charging Unit Tax Credit, Personal Income Tax Credit

Rule 3.4.23 NMAC, Clean Car Tax Credit, Corporate Income Tax

Rule 3.4.24 NMAC, Clean Car Charging Unit Tax Credit, Corporate Income Tax