Description: Challenge to settlement in connection with utility's request for a rate increase.
In re Public Service Company of New Mexico
Filing Date Type File Action Taken Summary 09/08/2017 Brief Download Brief filed opposing settlement. Challenge to Settlement in Utility Rate-Setting Case in New Mexico Cited Failure to Quantify Coal Plant’s Carbon Emission Risks. New Energy Economy—a non-profit organization founded “to build a carbon-free energy future for our health and the environment—filed a brief requesting that the New Mexico Public Regulation Commission reject a “black box settlement” reached by the parties to a case concerning the Public Service Company of New Mexico’s (PNM’s) request for a $791.6 million rate increase. New Energy Economy said the settlement was “not fair, just and reasonable, and in the public interest” and asked the Commission to deny PNM all costs associated with the Four Corners Power Plant, a coal-fired facility. New Energy Economy said PNM’s testimony failed to include “even one word about the risks and uncertainties of the use of coal” and argued that PNM was required to quantify carbon emission risks or explain why it could not do so.