N.M. Stat. § 5-18-4
Renewable energy financing districts authorized.
A. A governing body of a municipality or county may form a district for the purpose
of encouraging, accommodating and financing renewable energy improvements on
property within the municipality or county. A district shall include only property for which
an owner executes an agreement consenting to the inclusion of the property within the
district and to the imposition of a special assessment on the property for the purpose of
financing renewable energy improvements.
B. A district formed by a municipality shall be wholly within the boundaries of the
municipality. A district formed by a county shall be wholly within the boundaries of the
county and shall be in the unincorporated area of the county, or may include an
incorporated area with the municipality's consent. A district may include contiguous and
noncontiguous property.
C. Except as otherwise provided in this section, a district shall be a political
subdivision of the state, separate and apart from the municipality or county.