New Mexico Statutes

§ 62-16B-6 — Community solar program administration

New Mexico·Ch. 62 Electric, Gas and Water Utilities·Art. 16B Community Solar

A. A qualifying utility shall:

(1)acquire the entire output of a community solar facility connected to its distribution system;
(2)apply community solar bill credits to subscriber bills within one billing cycle following the cycle during which the energy was generated by the community solar facility;
(3)provide community solar bill credits to a community solar facility's subscribers for not less than twenty-five years from the date the community solar facility is first interconnected;
(4)carry over any amount of a community solar bill credit that exceeds the subscriber's monthly bill and apply it to the subscriber's next monthly bill unless and until the subscriber cancels service with the qualifying utility; and (5) on a monthly basis and in a standardized electronic format, provide t

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Legislative History

Laws 2021, ch. 34, § 6.

Nearby Sections

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