New Mexico Bill Would Require Public Utilities to ‘Shop’ for Energy Prices

New Mexico Bill Would Require Public Utilities to ‘Shop’ for Energy Prices

New Mexico State Senator Joseph Cervantes (D-District 52) introduced a bill (SB-360) on February 8 that would require publicly owned electric utilities to choose the least-costly alternative when proposing purchases of new energy sources.

NM High Court Rules Utilities Must Offer Post Hoc Refunds for Excessive Rate Hikes

The New Mexico Supreme Court found on December 12 that the New Mexico Public Regulation Commission (NMPRC) can order the state’s largest electric utility to reimburse customers, should it be determined that a rate hike is unlawful after it is implemented, according to a report in the Albuquerque Journal.

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