Renewable Energy Act (New Mexico)
Last modified on February 12, 2015.
|Applies to States or Provinces||New Mexico|
|Name||Renewable Energy Act (New Mexico)|
|Policy Category||Other Policy|
|Policy Type||Generating Facility Rate-Making, Renewables Portfolio Standards and Goals|
|Affected Technologies||Biomass/Biogas, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Solar Photovoltaics|
|Program Administrator||New Mexico Public Regulation Commission|
The purposes of the Renewable Energy Act are to prescribe the amounts of renewable energy resources that public utilities shall include in their electric energy supply portfolios for sales to retail customers in New Mexico by prescribed dates; allow public utilities to recover costs through the rate-making process incurred for procuring or generating renewable energy used to comply with the prescribed amount; and protect public utilities and their ratepayers from renewable energy costs that are above a reasonable cost threshold.
|Contact Name||Bruno Carrara|
|Department||Public Regulation Commission|
|Address||1120 Paseo De Peralta P.O. Box 1269, Santa Fe, NM, 87504|
Authorities (Please contact the if there are any file problems.)
|Authority 1:||New Mexico Annotated Code 62-16|