PNM Residential Customers are eligible to get $50 back on eligible ENERGY STAR Certified smart thermostats they purchase and install. Equipment for which a rebate is requested must be in new, unused condition. This rebate is good for purchases made January 1, 2024 through December 31, 2024, or while rebate funds are available for this program. The rebate paid will not exceed the purchase price of the product (excluding taxes, shipping, and installation charges).