DC Fast Charging - pnmprod
Fast EV Charging Stations (DCFC)
Helping Businesses and Agencies Plug into Progress
Up to $200,000 in rebates plus expert assistance.
Across New Mexico, EV adoption is picking up speedand with it, so is the demand for convenient Direct Current Fast Charging (DCFC). Businesses and public buildings that offer fast charging are earning more customers, building loyalty, and meeting sustainability goals.
Whether you manage a retail property, manage a public building or run a fleet, we make it easy and affordable to be part of this once-in-a-generation opportunity.
How Fast Charging Pays Off
We've set aside over $8 million in rebates to help local businesses, fleets, and public buildings add fast charging with lower upfront costs.
Just Some of What You Get:
- Get up to $200,000 per service address ($50,000 per charging station) in rebates.
- Attract more customers, increase revenue ($10K$40K/charger/yr), and cut fleet costs ($1,200+ per EV/yr).
- Expert advice and installation.
- Help achieve your sustainability goals and elevate community recognition as a responsible business.
Three Simple Steps. One Smart Move.
Adding fast charging stations with us is simple. Our Program Authorized Contractors handle the hard parts so you can focus on your business.
Their experience makes installing your charger easy.
Step 2
Partner for Planning & Installation
Your contractor manages permits, wiring, and site prepensuring your eligibility for all available rebates.
Step 3
Apply for Your Rebate
Once installation is complete, your contractor helps submit your rebate application for direct payment.
Why Partner with PNM
With PNM, you're backed by experience, reliability, and a shared vision for New Mexico's sustainable, more connected business environment.
Just Some of What You Get:
- We cover up to $50,000 per station in capital expenses.
- Vetted and trusted contractorslicensed, insured, and trained on program requirements.
- Exclusive lower-cost rates for commercial/public EV charging stations with separate metering.
- Dedicated support from start to success.
- Proven ROI by other local businesses.
Why Now?
The demand for convenient fast EV charging will grow exponentially over the next four years. Businesses and public facilities that act early will gain the advantage. Installing fast chargers now helps you increase revenue, and improve customer, tenant or visitor experience. For us, it helps us meet our mandated sustainability goals for electrification and clean energy.
Plug In. Power Up. Stand Out.
Turn Fast Chargers Into New Value for Customers, Tenants and Communities
With new clean fuel transportation legislation going into effect it means that demand for convenient charging will surge.
Across businesses, public buildings and government operations, the most successful fast charging sites are managed like retail assets. That means leveraging DCFC stations for smart monetization and multiple revenue opportunities that benefit both the bottom line and the community.
- Charge and shop: Transform "plug and wait" into new in-store customers
- Screen advertising: Sell ad space on charger displays or surrounding signage
- Energy resale: You can buy electricity at special PNM commercial rates, sell at market ratesfor possible margins of 20% to 50%.
- Fleet contracts: Much lower downtime and operating costs; offer priority access and uptime guarantees for delivery or rideshare companies.
With New Mexico requiring all new construction to have EV-ready spaces, existing business can remain competitive by adding DCFC now.
Frequently Asked Questions
What is a Direct Current Fast Charger?
Fast Chargers typically use 480 volts. They are the fastest way to charge a compatible EV. On average, 80% of the battery can be charged in just 30 to 60 minutes, helping your customers/tenants/visitors quickly recharge. And the more cars flowing through, the faster you reach ROI.
What rebates are available?
We are dedicated to ensuring EV chargers are available to our commercial customers. We offer up to $50K for installing DC Fast Chargers for fleet and public use, and cover up to 100% of infrastructure costs.
Our Easy Install method makes it seamless to apply for a rebate and get your charger installed by the Program Authorized Contractor of your choice. Already installed your equipment? You can also apply for a rebate using our online application.
Why is PNM Doing This?
Installing more EV chargers (DCFC and Level 2) gets us closer to achieving our mandated electrification and sustainability goals.
What is a Program Authorized Contractor?
Program Authorized Contractors are licensed electricians, trained on the details of the transportation electrification program. Their knowledge of the program makes installing your charger easy by completing the applications, providing you with a rebate, and taking the guesswork out of installing a charger.
What are the potential profits of DCFC?
A high-traffic DCFC site near a highway or urban center could see an annual gross revenue ranging from $36K to over $144K.
Most profitable EV charging businesses break even in 2 to 4 years with fast charging stations.
