Save hundreds to thousands on qualifying heating, cooling, and plumbing equipment through federal tax credits, PNM energy efficiency rebates, and NMGC instant rebates. As a participating contractor for both PNM and NMGC, MGP Mechanical handles all the paperwork so you get maximum savings.


Combo Boiler/Water Heater: Up to $625
Tankless Water Heaters: $300
High-Efficiency Furnaces: $325-$375
Smart Thermostats: $50
Qualifying Heat Pumps: $860 Instant Rebate
High-Efficiency AC Systems: $860 Instant Rebate
Energy Star Certified Equipment
Instant Rebate at Time of Purchase
Air Source Heat Pumps: 30% up to $2,000
Energy Efficient Boilers: 30% up to $600
Qualifying High-Efficiency Equipment
Direct Credit on Your Tax Return
Take advantage of free and discounted maintenance services through PNM's CoolSaver program and NMGC's furnace tune-up rebates. These seasonal programs help keep your systems running efficiently while saving you money on professional maintenance.
Instant Rebate: $85
Low-Income Customers: $110
Prevents Expensive Repairs
Average Annual Savings: $35
Comprehensive AC Performance Analysis
Inspect & Clean Air Filters
Verify Refrigerant Levels
Improve Efficiency & Reduce Bills
Albuquerque homeowners have access to some of the best HVAC and plumbing rebate programs in the Southwest. As both a PNM participating contractor and NMGC participating contractor, MGP Mechanical helps you maximize every dollar of savings when upgrading your heating, cooling, or plumbing systems. Whether you're installing a new high-efficiency Carrier furnace, upgrading to a heat pump for year-round comfort, or replacing an aging water heater with a tankless Navien system, there are rebates available to offset your investment.
As both a PNM and New Mexico Gas Company participating contractor, MGP Mechanical is uniquely positioned to help Albuquerque homeowners maximize their savings on heating, cooling, and plumbing upgrades. We handle the rebate paperwork for you β from PNM's energy efficiency programs and CoolSaver free AC tune-ups to NMGC's instant equipment rebates and furnace tune-up discounts. Our team knows every qualifying threshold, efficiency requirement, and application deadline so you don't leave money on the table.
Many homeowners don't realize that PNM rebates, NMGC rebates, and federal tax credits can often be combined on a single installation. For example, a qualifying heat pump installation could earn you up to $860 from PNM plus up to $2,000 in federal tax credits β that's potentially over $2,800 in total savings. A high-efficiency furnace could qualify for up to $375 from NMGC and up to $600 in federal tax credits. MGP Mechanical's estimators break down every available rebate on your quote so you see the full picture before making a decision.
New Mexico Gas Company offers substantial rebates on water heating upgrades including up to $300 for qualifying Navien tankless water heaters and up to $625 for combination boiler/water heater units. Even standard tank water heaters qualify for a $115 rebate when they meet NMGC efficiency standards. As a Navien certified service specialist and NMGC participating contractor, MGP Mechanical ensures your plumbing upgrade qualifies for every available dollar in instant rebates.
Every MGP Mechanical estimate includes a complete rebate breakdown showing exactly what you qualify for from PNM, NMGC, and federal tax credits. We serve Albuquerque, Rio Rancho, Santa Fe, Bernalillo, and surrounding areas in Central New Mexico. Call or text (505) 917-4130 to schedule your free estimate and find out how much you can save on your next heating, cooling, or plumbing project.
Professional HVAC and plumbing solutions for homes and businesses across Central New Mexico