ALBUQUERQUE (KRQE) – Tuesday PNM awarded Albuquerque with more than $400,000 in rebates for energy saving efforts including installing new light bulbs and sensors that turn on when someone is near as well as adding more energy efficient heating and cooling units.
The sensors alone will save taxpayers $75,000 annually on the convention center’s electric bills. Michael Riordan from the Municipal Development Department said just by “changing out light bulbs (and) by buying efficient HVAC systems we’re able to find those energy savings for the general public and then PNM, who wants to encourage that type of energy efficiency, is rebating us additional services as a reward for being good stewards of the environment”
City of Albuquerque projects have resulted in:
- A savings of more than 7.4 million kilowatt hours annually on City electric bills
- A reduction of more than 2.5 million gallons of water used
- Rebates of $437,655 from PNM
Since 2009, Albuquerque businesses have cashed in more than $11 million in rebates through PNM programs aimed at helping businesses make energy-efficient upgrades. Those businesses are credited with saving more than 126 million kilowatt-hours of electricity, which is equivalent to removing 12,700 cars from the road and conserving more than 44 million gallons of water.
City leaders say they’ll use PNM’s rebate money to upgrade more buildings.