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Balderas Tells PRC To Require PNM To Submit Restructuring Plan By May 1

Hector Balderas

New Mexico Attorney General Hector Balderas is weighing in on the dispute over how to fill the electricity void that will be left by the partial closure of the San Juan Generating Station.

Albuquerque city councilors voted 6-3 Monday to adopt a resolution to withdraw support for a plan proposed by Public Service Co. of New Mexico.

The resolution voiced concerns about replacing some of the lost power with more coal generation.

The city was the latest entity to come out in opposition of PNM's plan.

The utility argues it's the most cost-effective plan for ratepayers.

Balderas said Tuesday his office has asked the state Public Regulation Commission to require PNM to submit a finalized restructuring agreement by May 1 or submit an alternate plan.

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