Published 1 month ago

New Mexico Supreme Court Upholds Regulator’s Denial Of Renewable Energy Incentive For Electric Utility

Summary by Ground News

Southwestern Public Service Co. (SPS) wanted to collect an additional $5.2 million from customers over three years for exceeding requirements under the state's Renewable Energy Act. A minimum of 20 percent renewable energy is required currently and that increases to 40 percent in 2025, 50 percent by 2030, 80 percent in 2040.

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Los Alamos Daily Post

New Mexico Supreme Court Upholds Regulator’s Denial Of Renewable Energy Incentive For Electric Utility

Justice David K. Thomson New Mexico Supreme Court News: SANTA FE —The New Mexico Supreme Court has rejected a utility’s appeal for a financial incentive under a law requiring greater production of electricity from renewable energy sources. In a unanimous opinion, the Court affirmed the New Mexico Public Regulation Commission’s (PRC) denial of a request by Southwestern Public Service Co. (SPS) in 2021 for a rate rider that would have allowed it t…

1 month ago

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