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Page 19 - புதியது மெக்ஸிகோ பொது ஒழுங்குமுறை தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Record of CMP s parent company spurs concerns about utility merger in New Mexico

increase font size Record of CMP’s parent company spurs concerns about utility merger in New Mexico Avangrid has been less than forthcoming with New Mexico regulators, says a hearing examiner with the state s Public Regulation Commission. By SUSAN MONTOYA BRYANAssociated Press Share ALBUQUERQUE, N.M. The track record of global energy giant Iberdrola’s U.S. subsidiary Avangrid has sparked concerns among utility regulators and others as the company seeks approval for a multibillion-dollar merger with New Mexico’s largest electric provider. Ashley Schannauer, a hearing examiner with the New Mexico Public Regulation Commission, said during a meeting Tuesday that utilities owned by Avangrid have been assessed a total of $25 million in penalties and disallowances in the past 16 months for poor performance and customer service issues in Maine, Connecticut and New York.

WED: N M GOP Convention Moved To Texas To Avoid Coronavirus Rules, + More

GOP Convention Moved To Texas To Avoid Coronavirus Rules - Associated Press The New Mexico Republican Party is moving their three-day convention and

Firm s record spurs concerns about New Mexico utility merger

Firm s record spurs concerns about New Mexico utility merger Associated Press 3 days ago By SUSAN MONTOYA BRYAN, Associated Press © Provided by Associated Press FILE - This May 20, 2012 file photo shows one of the major transmission lines that runs to the west of Albuquerque, N.M. Ahead of hearings that will begin in May 2021, consumer advocacy groups, environmentalists and the New Mexico attorney general s office expressed concerns about a multibillion-dollar merger of the state s largest electric utility with a U.S. subsidiary of global renewable energy giant Iberdrola. (AP Photo/Susan Montoya Bryan, File) ALBUQUERQUE, N.M. (AP) The track record of global energy giant Iberdrola s U.S. subsidiary Avangrid has sparked concerns among utility regulators and others as the company seeks approval for a multibillion-dollar merger with New Mexico’s largest electric provider.

PNM buyer s track record snarls merger

Copyright © 2021 Albuquerque Journal Utilities run by Connecticut-based energy giant Avangrid have faced about $25 million in fines over the past 16 months by regulators in three Northeastern states because of customer service problems and other concerns. Now, New Mexico Public Regulation Commission hearing examiner Ashley Schannauer wants Avangrid to address concerns before he decides on next steps in public hearings on Avangrid’s proposed merger with PNM Resources. ...................... If the deal is approved by the PRC, Avangrid will acquire PNMR and its two utility subsidiaries – Public Service Company of New Mexico and Texas New Mexico Power – in an all-cash transaction valued at $4.3 billion.

As COVID-19 Shut Off Moratoriums Expire, New Mexico PRC Issues Order Protecting Customers Waiting For Relief Funds

As COVID-19 Shut Off Moratoriums Expire, New Mexico PRC Issues Order Protecting Customers Waiting For Relief Funds PRC News: SANTA FE The New Mexico Public Regulation Commission (PRC) issued an order May 5 providing protection to customers who are waiting for an application for relief funds to process. The order comes just as moratoriums on disconnections expired May 4, for small water, gas and rural electric cooperative utilities, allowing these utilities to begin serving disconnection notices to residential customers who were previously protected. PRC considered emergency health conditions the highest priority and worked with utilities to ease concerns regarding disconnections. Payment plans are being offered by utility companies to assist customers in paying off their past due balances.

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