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New Mexico Industrial Energy Consumers V. New Mexico Public Regulation Commission

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eBook details

  • Title: New Mexico Industrial Energy Consumers V. New Mexico Public Regulation Commission
  • Author : In the Supreme Court of the State of New Mexico
  • Release Date : January 28, 2007
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 96 KB

Description

{1} Pursuant to the Renewable Energy Act ("REA"), NMSA 1978, §§ 62-16-1 to -10 (2004, prior to 2007 amendment), El Paso Electric Company ("EPE") purchased Renewable Energy Certificates ("RECs") representing renewable energy generated by Public Service Company of New Mexico ("PNM"); however, EPE did not purchase the actual renewable energy represented by the RECs. Pursuant to the REA, Section 62-16-6(A), EPE sought recovery of the REC costs through its automatic adjustment clause, see NMSA 1978, § 62-8-7(E) (2003). The Public Regulation Commission ("Commission") approved this form of cost recovery in a Final Order on Recommended Decision ("Order"). NMPRC Case No. 05-00231-UT. New Mexico Industrial Energy Consumers ("NMIEC") appealed the Order directly to this Court. See NMSA 1978, § 62-11-1 (1993).


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