N.M. Stat. § 5-18-2
Legislative findings.
The legislature finds that:
A. the development of renewable energy sources will advance the security,
economic well-being and public and environmental health of the state, as well as
contributing to the energy independence of the nation and addressing the issue of
global climate change;
B. it is in the best interests of the state, municipalities and counties to encourage the
development of distributed generation renewable energy sources and the installation by
property owners of such energy sources;
C. the high front-end costs of renewable energy installations to real property
prevents many property owners from making these improvements, and therefore it is
desirable and necessary to authorize alternative financing procedures to promote the
installation of the improvements; and
D. the creation and administration of renewable energy financing districts to
facilitate the development of renewable energy improvements on property in the district
will serve a valid public purpose and is expressly declared to be in the public interest.