Biomass Tax Credit

Dairy or feedlot owners may receive a tax credit of up to $5 per wet ton of agricultural biomass that is used to generate electricity or to make liquid or gaseous fuel for commercial use.

(Reference New Mexico Statutes 7-2-18.26)

Jurisdiction: New Mexico

Type: State Incentives

Technologies: Biodiesel, Ethanol, Natural Gas, Other

See all New Mexico Laws and Incentives.