Renewable Energy
New Mexico Public Regulation Commission and Renewable Energy in New Mexico
*WEBPAGE IS CURRENTLY BEING UPDATED*
New Mexico Public Regulation Commission and Renewable Energy in New Mexico
The Public Regulation Commission reviews and approves renewable energy procurement plans and reports of Investor Owned Utilities (“IOU’s”) and Rural Electric Cooperatives (“Coops”) pursuant to the Renewable Energy Act (“REA”), §§ 62-16-1 et seq. NMSA 1978 and Title 17.9.572 NMAC (“Rule 572”). IOU’s in New Mexico are procuring renewable energy and renewable energy certificates from New Mexico renewable generation facilities to meet the Renewable Portfolio Standard (RPS) requirements of the REA and Rule 572.
Investor Owned Utilities and the RPS
The REA and Rule 572 established an RPS applicable to all investor owned electric utilities in New Mexico.
Resource Diversity and the RPS
In addition to the RPS, Rule 572 requires that IOU’s must offer a voluntary renewable energy program to their customers.
RPS Compliance
Renewable Energy Certificate Tracking
The acquisition, sale or transfer, and retirement of any renewable energy certificates used to meet renewable portfolio standards on or after January 1, 2008 must be registered with the Western Renewable Energy Generation Information System. WREGIS is the Western Governors’s Association’s independent regional tracking system to provide data necessary to substantiate and support verification and tracking of renewable energy generation.
Annual Renewable Energy Portfolio Procurement Plans
Public utilities (IOU’s) must file with the Commission an annual portfolio procurement plan. Below are links to the utility website where the most recently filed renewable energy plans and report documents are made available.
Links and Resources
For more information regarding the technologies, environmental initiatives, Federal and other regional programs to promote and support renewable energy technology and markets, please see the following links: