New Mexico regulators want more info from PNM in rate case

By The Associated Press

New Mexico utility regulators want to reopen hearings on a proposal by the state's largest electric provider to raise customer rates.

 

SANTA FE, N.M. (AP) — New Mexico utility regulators want to reopen hearings on a proposal by the state's largest electric provider to raise customer rates.

The Public Regulation Commission voted this week to reopen the hearings if Public Service Co. of New Mexico agrees to provide more information about transactions related to an Arizona nuclear power plant and pollution controls at its coal-fired plant in northwestern New Mexico.

Commission attorney Michael Smith tells the Albuquerque Journal it's not clear how the case will proceed if the utility doesn't agree to the terms of the order.

The commission was set to make a decision on the rate proposal before the end of August.

The utility is reviewing the order.

Earlier this summer, a hearing officer recommended the commission approve a rate increase far lower than the utility's proposal.

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