Victory! PRC Rejects PNM Rate Hike, Solar Penalty

The New Mexico Public Regulation Commission in May rejected PNM’s rate-hike proposal, which would have required New Mexico families to cover tens of millions of dollars in costs for the coal-fired San Juan Generating Station and added a hefty monthly fee for anyone who installed rooftop solar.

The decision follows a recommendation from a PRC hearing examiner that criticized PNM for failing to provide sufficient information to support its proposed rate increase.

PNM Feeling Deadline Pressure

By Nellis Kennedy-Howard, Senior Beyond Coal Campaign Representative

PNM continues to scramble in a last-minute attempt to finalize agreements that would allow for the continued burning of coal at the San Juan Generating Station.

The Public Regulation Commission (PRC) voted 4-1 to allow PNM additional time to file signed ownership agreements and coal-supply agreements with the commission, extending PNM’s deadline to Aug. 1. Commissioner Valerie Espinoza dissented, saying it’s time to reject PNM’s plan.

NM at Center of Obama's Climate-Change Proposal

oil driller with off-gas

New Mexico may be among the states most impacted by President Barack Obama's effort to regulate and reduce methane gas emissions.

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