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NM PRC Approves PNM Efficiency Incentives

The New Mexico Public Regulation Commission has approved a plan by Public Service Company of New Mexico to offer $22.5 million in incentives for residents and businesses to reduce their energy use.

The PNM plan will give customers opportunities and incentives to improve energy efficiency through new lighting and appliances, weatherization and other building upgrades. In its plan, the utility said it expects energy efficiency to provide 82.5 gigawatt hours in savings over the next two years.

The Southwest Energy Efficiency Project is calls approval of the plan is "a win for ratepayers."

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