New Mexico § 62-13-13.3 - Renewable energy-related services; powers and duties of commission

§ 62-13-13.3. Renewable energy-related services; powers and duties of commission

A. No later than July 1, 2011, the commission shall approve any new application for

creation of a holding company filed by a public utility prior to January 1, 2011,

as part of that utility's plan to offer renewable energy-related services for the

residents of New Mexico; provided that the creation of the holding company shall

be subject to such terms and conditions as are in the public interest. The creation of a holding company under this subsection shall not result in any

loss of the commission's jurisdiction over corporate allocations to the utility or

over costs that are charged to ratepayers. B. Any order of the commission entered prior to January 1, 2011 declaring the public

utility status of a person who owns or controls all or any part of any distributed

generation facility and sells the electricity produced by the facility to other persons

shall have no force or effect on or after May 19, 2010. C. By December 31, 2012, the commission shall submit a report to the legislature that

describes the effectiveness of the state's renewable energy distributed generation

program in supporting the development of new renewable energy resources and that identifies

any recommended changes to improve the program's effectiveness, consistent with the

public policies declared in the Public Utility Act. This report shall be no more than ten pages in length.