Coalition for Affordable Energy New Mexico
Legislative proposals including securitizing stranded costs, increasing the renewable portfolio standard, or limitations on coal-fired generating plants must address the impacts to state and municipal budgets, jobs and electricity rates.
Win-Win Solution Found for San Juan Generating Station
The City of Farmington and the people of San Juan County have found a win-win solution for the San Juan Generating Station that will make many of the costly and complex provisions in Senate Bill 489 unnecessary. The City of Farmington currently holds the right to...
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PNM’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,...
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Why 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...
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Add A Rate Cap to Senate Bill 489
Senate Bill 489 has something for almost everyone, except the utility customers that will need to fund this monumental transition to renewable energy. The bill has a bailout for PNM to ensure that its shareholders don’t have to face the negative financial consequences...
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PNM’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...
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Status of San Juan Generating Station, PNM’s Integrated Resource Plan – Farmington Mayor’s Table – Part II
Part 2: Hear the status of the San Juan Generating Station and PNM’s Integrated Resource Plan, as well as, other legislative initiatives that affect our community!
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Protect New Mexicans from rapidly rising electric rates…
Renewable energy advocates claim that their plan will lower our electric costs, but are they telling us the whole story? If renewables are supposed to save us money, why do we need renewable mandates at all? Data shows that states with renewable mandates...
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Transition 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...
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Status of San Juan Generating Station, PNM’s Integrated Resource Plan – Farmington Mayor’s Table
Hear the status of the San Juan Generating Station and PNM's Integrated Resource Plan, as well as, other legislative initiatives that affect our community!
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Update on San Juan Generating Station and New Mexico Public Regulation Commission Hearing
Post on City of Farmington Website, February 1, 2019. Public Service Company of New Mexico (PNM) has proposed to close San Juan Generating Station (SJGS), and effectively San Juan Mine in 2022. Your local leaders have proactively been advocating to preserve the jobs...
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The 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.
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Are PNM’s Stranded Costs of Their Own Making?
The rationale for utility stranded cost recovery is controversial. This rationale for recovery is predicated on the concept of the “regulatory compact.” The specifics of such a “regulatory compact” is not explicitly defined nor generally agreed upon by the various...
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