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Sun July 10, 2011
PNM Fights Order To Buy Wind Power
By KRWG News
New Mexico – Public Service Company of New Mexico is challenging a directive from state regulators that it buy more wind power for its electricity customers.
A PNM spokeswoman initially said the utility would comply with a state Public Regulation Commission order by spending up to $6 million annually for wind power from a New Mexico plant.
But the company changed course last week and now says it will fight the commission's order.
Utilities in the state can meet renewable energy directives by buying the power directly or purchasing renewable energy certificates from another company that has exceeded state requirements.
Commission chairman Jason Marks told the Farmington Daily Times that "paper compliance" doesn't meet the renewable energy goal.
Information from: The Daily Times, http://www.daily-times.com
Copyright 2011 The Associated Press.