Tuesday, February 16, 2010

PNM offers New Mexico non-profits energy grants

New Mexico non-profits, who want to become more energy efficient, could soon be getting some help -- in the form of grants -- from PNM.

The nonprofit PNM Fund, a division of the PNM Resources Foundation, announced today that it will award $250,000 in Reduce Your Use Grants to nonprofits in its service territory to implement energy-saving measures that lower their electric bills and help the environment.

“With the demand for services supplied by so many nonprofits rising, and budgets tightening, the Reduce Your Use Grant represents a unique opportunity for a nonprofit to focus more of its money on what really matters: fulfilling its core mission,” said Diane Harrison Ogawa, executive director of the PNM Resources Foundation.

In prior years, funded projects included the replacement of inefficient appliances with Energy Star®-rated appliances, replacement of single-pane windows with double-pane windows, upgrades and updates to lighting systems, and installation of solar photovoltaic panels.

The PNM Fund, a division of the PNM Resources Foundation, has invested over $7 million to fund nonprofit projects that meet community needs. More than $780,000 is distributed annually through PNM Reduce Your Use Grants, PNM Classroom Innovation Grants, Matching Grants, Volunteer Grants and Volunteer Excellence Awards.

Applications must be submitted online by April 15. Recipients will be announced in May.

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