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Is the PNM merger in the public interest? » Albuquerque Journal

By KENNETH W. COSTELLO
I am not a party in the PNM-Avangrid (“Joint Applicants”) merger case before the Public Regulation Commission. I have, however, read the testimony submitted by the Joint Applicants.
Based on my past experience working for state utility commissions around the country when employed at the National Regulatory Research Institute for almost 30 years, I offer a few observations.
In ruling on the proposed merger, by law, the PRC should consider whether it advances the public interest. While there are different interpretations of the public interest, the one that is most prominent in utility regulation is the balancing of shareholder and customer interests. ....

New Mexico , United States , National Regulatory Research Institute , Public Regulation Commission , Public Regulation , Joint Applicants , Public Utility Act , புதியது மெக்ஸிகோ , ஒன்றுபட்டது மாநிலங்களில் , தேசிய ஒழுங்குமுறை ஆராய்ச்சி நிறுவனம் , பொது ஒழுங்குமுறை தரகு , பொது ஒழுங்குமுறை , பொது பயன்பாடு நாடகம் ,

There's not much in PNM merger for ratepayers » Albuquerque Journal

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I am not a party in the PNM-Avangrid merger case before the Public Regulation Commission. I have read, however, the testimony submitted by the joint applicants. Based on my past experience working for state utility commissions around the country with the National Regulatory Research Institute for almost 30 years, I offer a few observations.
In ruling on the proposed merger, by law the PRC should consider whether it advances the public interest. While there are different interpretations of the public interest, the one most prominent in utility regulation is balancing of shareholder and customer interests.
Regulation’s central purpose is to induce high-quality performance from utilities that recognizes the importance of having a financially solvent utility and reliable utility service at affordable rates. Higher performance can lead to lower rates, higher quality of service and av ....

New Mexico , United States , National Regulatory Research Institute , Public Regulation Commission , Public Regulation , Public Utility Act , புதியது மெக்ஸிகோ , ஒன்றுபட்டது மாநிலங்களில் , தேசிய ஒழுங்குமுறை ஆராய்ச்சி நிறுவனம் , பொது ஒழுங்குமுறை தரகு , பொது ஒழுங்குமுறை , பொது பயன்பாடு நாடகம் ,