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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AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, yesterday filed its revised stipulation agreement as part of the company’s planned merger with PNM Resources, Inc. (NYSE: PNMR), adding three new parties as signatories, including Walmart, Inc., the Interwest Energy Alliance and Onward Energy Holdings, Inc. They join eight parties that have already signed on to the agreement, including the Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani and the Coalition for Clean Affordable Energy. The company submitted the revised filing following talks with all parties at the direction of the New Mexico Public Regulation Commission (NMPRC) hearing examiner.
New Mexico regulatory staff seeks hearing on utility merger Follow Us
Question of the Day
By SUSAN MONTOYA BRYAN - Associated Press - Friday, May 7, 2021
ALBUQUERQUE, N.M. (AP) - The staff of New Mexico’s Public Regulation Commission is calling for a hearing on a proposed merger between the state’s largest electric utility and a U.S. subsidiary of global energy giant Iberdrola.
The staff members reiterated their concerns in a filing Friday, saying the hearing should be scheduled for June so regulators can hash out whether the multibillion-dollar deal is in the public’s interest. The filing notes that “significant opposition” still exists and the hearing should focus on testimony that was submitted earlier this year by numerous experts on behalf of environmental and consumer advocacy groups and the state attorney general’s office.
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ALBUQUERQUE, N.M., May 7, 2021 /PRNewswire/ PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and AVANGRID filed a revised stipulation with additional parties in its merger application before the New Mexico Public Regulation Commission (NMPRC) today.
Parties to the filed stipulation include: Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani, the Coalition for Clean Affordable Energy, Interwest Energy Alliance, Walmart, Inc., and Onward Energy Holdings, LLC.