Form Rpd-41333 - Advanced Energy Tax Credit Application
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6State of New Mexico - Taxation and Revenue Department
RPD-41333
Rev. 2/2/2012
ADVANCED ENERGY TAX CREDIT APPLICATION
Page 1 of 2
Purpose of Form. A qualified electricity generating facility located in New Mexico may be eligible to apply for and claim
the advanced energy tax credit (advanced energy income tax credit, advanced energy corporate income tax credit and the
advanced energy combined reporting tax credit). The credit may be applied against corporate or personal income tax due,
compensating tax, withholding tax or gross receipts tax due to New Mexico. The amount of the credit is 6% of the eligible
generation plant costs. See the instructions for important definitions. The aggregate amount of tax credit that may be claimed
with respect to a qualified generating facility is limited to $60,000,000.
To obtain approval, submit a completed Form RPD-41333, Advanced Energy Tax Credit Application, a certificate of eligibility
issued by the New Mexico Environment Department and other information the Taxation and Revenue Department requires to
determine the amount of tax credit allowed. See Section 3. The application must be submitted within one year following the
end of the calendar year in which the eligible generation plant costs are incurred. The right to claim the credit may be allo-
cated to other taxpayers who are interest owners in the qualified generating facility. The Notice of Allocation of Right to Claim
Advanced Energy Tax Credits is required to be attached to Form RPD-41333 to allocate the credit to interest owners.
Once approved, the qualified generating facility or other approved interest owners may use Form RPD-41334, Advanced
Energy Tax Credit Claim Form, to claim the credit against tax due. If the credit amount exceeds the taxpayer’s liability, the
excess can be carried forward for up to ten years.
A qualified generating facility is a facility that begins construction not later than December 31, 2015, and is:
1. a solar thermal electric generating facility that begins construction on or after July 1, 2007 and that may include an as-
sociated renewable energy storage facility;
2. a solar photovoltaic electric generating facility that begins construction on or after July 1, 2009 and that may include an
associated renewable energy storage facility;
3. a geothermal electric generating facility that begins construction on or after July 1, 2009;
4. a recycled energy project if that facility begins construction on or after July 1, 2007; or
5. a new or repowered coal-based electric generating facility and an associated coal gasification facility.
Mail Form RPD-41333, Advanced Energy Tax Credit Application, and all required attachments to: Taxation and Revenue
Department, Director’s Office, P.O. Box 8485, Albuquerque, New Mexico 87198-8485. For assistance completing this form
call (505) 383-0184 or (505) 383-0177.
Section 1. - Qualified Generating Facility Information
Name of qualified generating facility
Physical address
City
State
ZIP code
FEIN or SSN
New Mexico CRS identification number
Name of contact person
Telephone number
(
)
Section 2. - Computation of the Advanced Energy Tax Credit
1. Enter the first and last day of the calendar year in which the
qualified expenditures were made:
From _______________ To _______________
(Purchase must be made on or after July 1, 2007 to qualify.)
(mm/dd/ccyy)
(mm/dd/ccyy)
2. The value of eligible generation plant costs for the qualified
$
generating facility described in this application.
__________________________________
3. The amount of advanced energy tax credit allowed for the qualified
$
generating facility. (Multiply line 2 by 6%. Enter here.)
__________________________________
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