Jun. 13—When state lawmakers set renewable energy standards nearly two decades ago, they wanted to make sure utilities’ business wouldn’t suffer and New Mexicans wouldn’t bear the burden of unaffordable electricity. So far, everything’s going well. Utility regulation officials say the cost of the renewable energy transition has been extremely affordable. At a Public Regulation […]
Jun. 11—The start of July will mean a few less duties for the New Mexico Public Regulation Commission. Beginning July 1, per state law, most of the transportation division at the PRC moved over to the New Mexico Department of Transportation. Three sections or bureaus will change from PRC to NMDOT oversight : the Applications […]
Jun. 10—Rural New Mexico utility companies aren’t exempt from state regulators’ authority over rates, the New Mexico Supreme Court has ruled. The Supreme Court released an opinion on Monday that rejects an argument from Socorro Electric Cooperative that the state’s Public Regulation Commission shouldn’t be able to change and set its rate proposals. The court’s […]
May 29—The New Mexico Public Regulation Commission on Wednesday announced a trial partnership with an Alabama-based technology and artificial intelligence company. HData combines data, AI and automation with the goal of simplifying regulatory research. The PRC said the partnership will give the regulatory agency access to an AI-based platform to track utility finances and gather […]
Apr. 8—State regulators have an extended deadline this week to reach a deal with a nonprofit ambulance organization that is seeking to double its rates and hike its mileage charges. Albuquerque Ambulance Service, affiliated with Presbyterian Healthcare Services, is the highest-volume provider of emergency and nonemergency medical transportation in New Mexico, serving patients in Bernalillo, […]
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Feb. 21—Staff of the state Public Regulation Commission on Wednesday delivered a recommendation for commissioners to deny approval of New Mexico Gas Co.’s plan for a liquefied natural gas facility in Rio Rancho. The recommendation comes after more than a year of debate over the proposed project — a $180 million, 25-acre facility that has […]