Governor Michelle Lujan Grisham signs Solar Tax Credit, Grid Modernization into law
New state laws reflect New Mexico’s progress on clean energy during 2020 session: Governor signs grid modernization, solar tax credit bills into law
SANTA FE, N.M.– Gov. Michelle Lujan Grisham signed three bills into law on Tuesday that continue New Mexico’s progress towards a clean energy future. The bills provide an additional tool for financing transmission line development, lay out a roadmap for modernizing New Mexico’s electric grid, and help more New Mexicans put rooftop solar panels on their homes or businesses.
Environment New Mexico Director John Ammondson issued the follow statement following the bills’ being signed into law:
“The passage of the Energy Transition Act in the 2019 session sets our state on the path to 100 percent clean energy, but getting there requires a commitment to getting more renewables on the grid and removing roadblocks for additional clean energy. We applaud Gov. Lujan Grisham and the legislature for taking important steps in the 2020 legislative session toward realizing a clean energy future.
“We can’t achieve our renewable energy goals unless we have the infrastructure to distribute our state’s clean power. By modernizing New Mexico’s electric grid, we will improve energy efficiency and reliability for New Mexicans while allowing for more new wind and solar resources to help power our state.
“Along with our gratitude to the legislature for passing these key bills, we particularly thank state Sen. Mimi Stewart and state Rep. Matthew McQueen for taking leadership roles in helping more New Mexicans reap the benefit of rooftop solar. While we are disappointed that other clean energy priorities (like an electric vehicle tax credit and increased funding for energy efficiency in low-income communities) didn’t make it across the finish line, we’re encouraged by our state’s continued commitment to clean and renewable energy and look forward to further progress in 2021.”