Energy Efficiency Resource Standard (New Mexico)
Last modified on February 12, 2015.
Rules Regulations Policies Program
|Name||Energy Efficiency Resource Standard|
|Incentive Type||Energy Efficiency Resource Standard|
|Applicable Sector||Investor-Owned Utility, Gas Utilities|
|Eligible Technologies||Custom/Others pending approval|
|Energy Category||Energy Efficiency Incentive Programs|
|Electric Sales Reduction|| 5% of 2005 total retail kilowatt-hour sales by 2014|
10% of 2005 total retail kilowatt-hour sales by 2020
|Date added to DSIRE||2010-12-13|
|Last DSIRE Review||2012-11-12|
The Efficient Use of Energy Act requires investor-owned utilities in New Mexico to offer demand-side management and load management programs to their customers. The programs should be designed to achieve electricity savings totaling 5% of their 2005 retail sales by 2014, and 10% of their 2005 retail sales by 2020. All programs adopted by a utility must first be approved by the New Mexico Public Regulation Commission (PRC). Upon approval by the PRC, utilities are entitled to apply a surcharge to their customers' utility bills to be compensated for the funds expended to administer these programs. The law also requires gas utilities to "acquire all cost-effective and achievable energy efficiency and load management resources", but stops short of establishing a percentage-based savings target for them.
If a utility finds that they cannot meet the 5% and 10% electricity savings targets, they will report to the PRC and propose a new target based on what they determine to be their maximum cost-effective savings. If the PRC agrees with the utility, they may establish new, lower targets for the utility.
Distribution cooperative utilities, which are not regulated by the PRC, are required to develop their own self-imposed electricity reduction targets and to design demand side management programs to enable them to meet those targets. Each cooperative utility must submit a report to the PRC annually describing their demand side management efforts from the previous year.
|Contact Name||John Reynolds|
|Department||New Mexico Public Regulation Commission|
|Address||PO Box 1269|
|Address 2||1120 Paseo de Peralta|
|Place||Santa Fe, New Mexico|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||N.M. Stat. § 62-17-1 et seq.|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.