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Last updated on February 11, 2012 at 15:54 EST

Measure Promotes Use of Renewable Energy

July 30, 2005

Proposal Includes Incentives, Rebates

The city of Albuquerque would develop incentives and take other action to encourage development of renewable energy sources under a measure sponsored by Councilor Eric Griego.

Griego plans to introduce the proposal at Monday’s meeting of the City Council. It would be up for discussion in mid-August.

The resolution calls for a variety of measures to promote wind, solar and other renewable energy sources, including:

* Studying how to establish tax credits and incentives for companies that make solar-energy products and technology. The city would eventually establish a fund of $1 million to pay for the incentives;

* Taking steps to equip city-owned buildings with the ability to use solar energy. The goal would be to secure 15 percent of the power for city-owned buildings from renewable sources within seven years;

* Developing a rebate program that would encourage city residents to use renewable energy, such as solar panels;

* Revising development rules to come up with incentives for energy efficiency in new homes.

Griego announced the proposal Friday under a solar-panel structure at the Indian Pueblo Cultural Center on 12th NW.

“We can take New Mexico to a whole new level in leading the world in renewable energy,” he said.

Councilor Martin Heinrich, who was also at the news conference, said wind and sunshine could help create high-paying jobs.

“We have a city uniquely suited to be at the forefront of energy products,” he said.

Odes Armijo-Caster, chairman of the Renewable Energy Industry Association, also spoke in support of the bill. He said that in the 1980s, Albuquerque was considered a leader in the solar-power field.