The bill amends Section 3-18-32 of the New Mexico Statutes to enhance protections for solar energy installations by prohibiting certain covenants, conditions, and restrictions that could hinder the affordability and efficiency of solar collectors. Specifically, it declares any covenant or restriction that increases the cost of purchasing and installing a solar collector by more than ten percent or a total of $1,500, or that reduces the efficiency of a solar collector by more than ten percent, to be void and unenforceable.
Additionally, the bill stipulates that the prevailing party in any legal action taken to enforce compliance with these provisions shall be awarded reasonable attorney fees. This legislative change aims to promote the use of solar energy by ensuring that homeowners are not unduly burdened by restrictive agreements that could deter them from installing solar collectors.
Statutes affected: introduced version: 3-18-32