New Mexico § 62-16-7 Commission; powers and duties; voluntary programs

New Mexico Statutes

§ 62-16-7 — Commission; powers and duties; voluntary programs

New Mexico § 62-16-7

Ch. 62Electric, Gas and Water Utilities

Art. 16Renewable Energy Act

This text of New Mexico § 62-16-7 (Commission; powers and duties; voluntary programs) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 62-16-7 (2026).

Text

A. The commission:

(1)shall adopt rules regarding the renewable portfolio standard, including a provision for public utility records and reports; and (2) may require that a public utility offer its retail customers a voluntary program for purchasing renewable energy that is in addition to electricity provided by the public utility pursuant to the renewable portfolio standard, under rates and terms that are approved by the commission. B. All renewable energy purchased by a retail customer through an approved voluntary program shall:

(1)have all associated renewable energy certificates retired by the retail customer, or on that customer's behalf, by the public utility, and the certificates shall not be used to meet the public utility's renewable portfolio standard requirements pursuant to

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A. The commission: (1) shall adopt rules regarding the renewable portfolio standard, including a provision for public utility records and reports; and (2) may require that a public utility offer its retail customers a voluntary program for purchasing renewable energy that is in addition to electricity provided by the public utility pursuant to the renewable portfolio standard, under rates and terms that are approved by the commission. B. All renewable energy purchased by a retail customer through an approved voluntary program shall: (1) have all associated renewable energy certificates retired by the retail customer, or on that customer's behalf, by the public utility, and the certificates shall not be used to meet the public utility's renewable portfolio standard requirements pursuant to Subsection A of Section 62-16-4 NMSA 1978; (2) be excluded from the total retail sales to New Mexico customers used to determine the renewable portfolio standard requirements pursuant to Subsection A of Section 62-16-4 NMSA 1978; and (3) not be subject to charges by the public utility to recover costs of complying with the renewable portfolio standard requirements pursuant to Subsection A of Section 62-16-4 NMSA 1978.