Job Losses
SB489 on Tipping Point New Mexico Podcast
Attorney and utility expert Germaine Chappelle returns to the Rio Grande Foundation's Tipping Point New Mexico Podcast to discuss SB 489 the Energy Transition Act. This legislation just passed the New Mexico Senate (although it had not when we recorded earlier in the...
read moreEconomic Impact of San Juan Generating Station
Highlights of a study commissioned by Four Corners Economic Development shows the impact of the San Juan Generating Station and San Juan Coal Company on local communities, the State of New Mexico, and the Federal Government. If the San Juan Generating Station is not...
read moreTell Your Representative 90 days for $70 million in Savings is A Good Deal
Senate Bill 489 has passed the Senate and is now heading to the House of Representatives. Unfortunately, this bill does not contain a provision that will allow the City of Farmington the 90 days it needs to vet a proposal that would allow a third party to buy San Juan...
read morePNM’s plan to close San Juan Generating Station Examined
PNM’s “rationale” for seeking to close San Juan Generating Station was thoroughly examined during the company’s Integrated Resource Plan filing with the New Mexico Public Regulatory Commission. The company’s justification for its plan were severely lacking. In fact,...
read moreWhy SB489 is so bad for New Mexico utility customers
Senate Bill 489 (click to download) bails out New Mexico's largest public utility, PNM. This bill doesn't even contemplate protecting electric customers from rapidly increasing electric rates. This bill is bad public policy that if enacted without adequate safeguard...
read morePNM’s plan will hurt San Juan County – We need more time
PNM’s plan to rush the closure of San Juan Generating Station is going to cost us in San Juan County dearly. Closure will cause extreme job loss, higher property taxes and higher electric rates. After pushing to implement this poorly analyzed plan, PNM...
read moreTransition to renewables shouldn’t cost utility rate payers
Opinion Post from Farmington Daily Times. Paul J. Gessing, Rio Grande Foundation Published 5:33 a.m. MT Feb. 5, 2019 | Updated 12:51 p.m. MT Feb. 5, 2019. Environmental groups, Governor Lujan-Grisham, and even Public Service Company of New Mexico want us to believe...
read moreThe Impact of PNM’s Early Closure of SJGS
The early closure of the San Juan Generating Station early will be bad for the people of the Four Corners region of New Mexico.
read moreThe Impact of PNM’s Plans on Tipping Point New Mexico
Listen to Germaine Chappelle's discussion on the Rio Grande Foundation's Tipping Point New Mexico Podcast. Germaine addresses a variety of issues with hosts Paul Gessing and Dowd Musca. Hear about the issues related PNM's plan for San Juan Generating Station including...
read moreCharlie Jones, Jr. asks You to Contact Elected Officials regarding San Juan Generating Station
PNM plant closure will raise rates
This appeared as a guest column in the Albuquerque Journal | By Nate Duckett / Mayor, City of Farmington, and Kim Carpenter / County Executive Officer, San Juan County, Saturday, October 6th, 2018 We are responding to PNM executive Ron Darnell’s “for the...
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