New Mexico § 62-15-36 - Renewable energy and conservation fee
Full text of New Mexico New Mexico Statutes Annotated § 62-15-36 — Renewable energy and conservation fee, with citation guidance and answers to common questions.
§ 62-15-36. Renewable energy and conservation fee
A. A distribution cooperative may collect from its customers a renewable energy and
conservation fee of no more than one percent of the customer's bill. In no event shall a distribution cooperative collect more than seventy-five thousand
dollars ($75,000) annually through the renewable energy and conservation fee from
any single customer. Money collected through the renewable energy and conservation fee shall be segregated
in a separate renewable energy and conservation account from other distribution cooperative
funds and shall be expended only on programs or projects to promote the use of renewable
energy, load management or energy efficiency. A distribution cooperative that collects a renewable energy and conservation fee
from its customers shall report to the public regulation commission by March 1 of
the following year the following information: (1) the amount of money collected through the renewable energy and conservation fee
in the previous calendar year; (2) the programs or projects on which the funds collected were expended; and (3) the determination of the distribution cooperative as to whether and in what amount
to assess a renewable energy and conservation fee in the next calendar year. B. Each distribution cooperative that collects a renewable energy and conservation
fee from its customers shall deduct from the fees paid to the state pursuant to Section 62-8-8 NMSA 1978 an amount equal to fifty percent of the amount of money collected through the renewable
energy and conservation fee during the preceding calendar year. The money shall be included in the account with other money from the renewable energy
and conservation fee and expended only on programs or projects to promote the use
of renewable energy, load management or energy efficiency.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 62-15-36
What does New Mexico Statutes Annotated § 62-15-36 cover?
Section 62-15-36 ("Renewable energy and conservation fee") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 62-15-36?
A common citation format is "New Mexico Statutes Annotated § 62-15-36" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 62-15-36 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.