Net Metering by State

What your electric utility actually pays for exported solar power.

El Paso Electric (NM) solar export rate

What El Paso Electric (NM) pays for power exported from rooftop solar in New Mexico, with the source and the date it was checked.

No single rate — formula based

Net Metering Option: the customer is paid for energy supplied above the amount consumed at the rate specified in the Monthly Rate Section of Rate 16; the monthly energy payment is based on the energy rates tabulated in the schedule pursuant to 17.9.570.11 NMAC.

El Paso Electric (NM) · New Mexico

Effective Rate No. 16 Purchased Power Service tariff listed by EPE as effective 08/01/2024.

Rate 16 provides multiple metering options and a monthly schedule; the applicable payment depends on voltage and the selected arrangement.

Source: epelectric.com

Full El Paso Electric (NM) detail →

New Mexico rules that apply to El Paso Electric (NM)

The state framework sets the default. Where El Paso Electric (NM) pays something different, the utility tariff governs and is what the card above reports.

Compensation mechanismNet metering for customer-sited qualifying facilities up to and including 10 kW: the utility nets monthly energy and must either credit/pay excess net energy at its energy rate or credit excess net kWh.
Export rateThere is no single statewide fixed export number in the cited rule. Excess is credited or paid at the utility's applicable energy rate, or credited as net kilowatt-hours; utility-specific tariffs determine the amount.
Rate effectiveThe cited 17.9.570.14 net-metering section is marked [17.9.570.14 NMAC - N, 10-15-08]; current utility tariffs and approved changes control the applicable rate.
Credit rolloverYes. Unused net-kWh credits carry forward month to month; if a utility uses credits and the customer leaves the system, unused credits are paid at the utility's energy rate.
Credit expirationThe rule does not set an annual expiration date for monthly net-kWh credits. If the customer leaves the system, unused credits must be paid at the utility's energy rate.
Annual true-upNo annual statewide true-up date is stated in the cited rule; the rule specifies monthly billing and next-bill crediting, with settlement when the customer leaves the system.
RegulatorNew Mexico Public Regulation Commission (NMPRC).
Governing rule17.9.570 NMAC governs qualifying-facility purchases and net metering; 17.9.568 NMAC sets the interconnection standards for qualifying facilities subject to 17.9.570.14. The Renewable Energy Act statutory authority is Sections 62-16-1 to 62-16-10 NMSA 1978.

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