Chapter 62, Article 17 NMSA 1978 may be cited as the “Efficient Use of Energy Act”. History: Laws 2005, ch. 341, § 1; 2007, ch. 4, § 12. ANNOTATIONS The 2007 amendment, effective July 1, 2007, changed the reference from “Sections 1 through 11 of this act” to “Chapter 62, Article 17 NMSA 1978”.
Pursuant to the commission’s rulemaking authority, public utilities supplying electric or natural gas service to customers shall periodically file an integrated resource plan with the commission. Utility integrated resource plans shall evaluate renewable energy, energy efficiency, load management, distributed generation and conventional supply-side resources on a consistent and comparable basis and take into consideration risk […]
A. Distribution cooperative utilities shall periodically examine the potential to assist their customers in reducing energy consumption or peak electricity demand in a cost-effective manner. Based on these studies, by January 1, 2009, distribution cooperative utilities shall establish energy efficiency and load management targets and begin to implement cost-effective energy efficiency and load management programs […]
History: Laws 2005, ch. 341, § 2; 2008, ch. 24, § 3; repealed by Laws 2019, ch. 202, § 4. ANNOTATIONS Repeals. — Laws 2019, ch. 202, § 4 repealed 62-17-2 NMSA 1978, as enacted by Laws 2005, ch. 341, § 2, relating to findings, effective June 14, 2019. For provisions of former section, see […]
It is the policy of the Efficient Use of Energy Act that public utilities, distribution cooperative utilities and municipal utilities include all cost-effective energy efficiency and load management programs in their energy resource portfolios, that regulatory disincentives to public utility development of cost-effective energy efficiency and load management be removed in a manner that balances […]
As used in the Efficient Use of Energy Act: A. “achievable” means those energy efficiency or load management resources available to the utility using its best efforts; B. “commission” means the public regulation commission; C. “cost-effective” means that the energy efficiency or load management program meets the utility cost test; D. “customer” means a utility […]
A. Pursuant to the findings and purpose of the Efficient Use of Energy Act, the commission shall consider public utility acquisition of cost-effective energy efficiency and load management resources to be in the public interest. B. The commission shall direct public utilities to evaluate and implement cost-effective programs that reduce energy demand and consumption. C. […]
A. A public utility that undertakes cost-effective energy efficiency and load management programs shall have the option of recovering its prudent and reasonable costs along with commission-approved incentives for demand-side resources and load management programs implemented after the effective date of the Efficient Use of Energy Act through an approved tariff rider or in base […]
With a public utility’s consent, the commission may allow for an alternative entity to provide ratepayer-funded energy efficiency and load management to customers of that public utility. History: Laws 2005, ch. 341, § 7. ANNOTATIONS Effective dates. — Laws 2005, ch. 341, § 13 made Laws 2005, ch. 341, § 7 effective April 7, 2005.
A. A public utility shall submit to the commission an annual report that provides information relating to the actions taken by the public utility to comply with the standards of the Efficient Use of Energy Act. The report shall include documentation of program expenditures, customer participation levels, estimated energy savings, demand reductions and customer monetary […]
A. A large customer shall receive approval for a credit for and equal to the expenditures that customer has made at its facilities on and after January 1, 2005 toward cost-effective energy efficiency and load management. To receive approval, the large customer must demonstrate to the reasonable satisfaction of the utility or self-direct program administrator […]
