New Mexico Administrative Code › Title 17 - PUBLIC UTILITIES AND UTILITY SERVICES › Chapter 9 - ELECTRIC SERVICES › Part 572 - RENEWABLE ENERGY FOR ELECTRIC UTILITIES › Section 17.9.572.14 - ANNUAL RENEWABLE ENERGY ACT PLAN

Current through Register Vol. 35, No. 13, July 16, 2024
A. An annual Renewable Energy Act plan shall
				include plan year and next plan year data. The plan year shall be presented for
				commission approval and the next plan year shall be presented for informational
				purposes.
B. On or before July 1 of
				each year, each public utility shall file with the commission an annual
				Renewable Energy Act plan. The filing schedule shall be staggered, as follows,
				with each of the investor-owned utility filings occurring one month apart, the
				last filing to be made July 1of each year. The utilities shall file
				alphabetically each year (el paso electric company shall file on May 1; public
				service company of New Mexico shall file on June 1; and southwestern public
				service company shall file on July 1 each year).
C. The annual Renewable Energy Act plan shall
				include:
(1) testimony and exhibits providing
				a full explanation of the utility's determination of the plan year and next
				plan year renewable portfolio standard and reasonable cost threshold;
(2) the cost of procurement in the plan year
				and the next plan year for all new renewable energy resources required to
				comply with the renewable portfolio standard selected by the utility pursuant
				to 17.9.572.10 NMAC;
(3) the amount of renewable energy the public
				utility plans to provide in the plan year and the next plan year required to
				comply with the renewable portfolio standard;
(4) testimony and exhibits demonstrating how
				the cost and amount specified in Paragraphs (2) and (3) of this subsection were
				determined;
(5) testimony and
				exhibits demonstrating the plan year and next plan year procurement amounts and
				costs expected to be recovered by the utility;
(6) the capital, operating, and fuel costs on
				a per-megawatt-hour basis during the preceding calendar year of each
				nonrenewable generation resource rate-based by the utility, or dedicated to the
				utility through a power purchase agreement of one year or longer, and the
				nonrenewable generation resources' carbon dioxide emissions on a
				per-megawatt-hour basis during that same year;
(7) testimony and exhibits demonstrating the
				plan year and next plan year procurement amounts and costs expected to be
				recovered by the utility if limited by the reasonable cost threshold;
(8) testimony demonstrating that the cost of
				the proposed procurement is reasonable compared with the price of electricity
				from renewable resources in the bids received by the public utility to recent
				prices for comparable energy resources elsewhere in the southwestern united
				states;
(9) testimony regarding
				strategies used to minimize costs of renewable energy integration, including
				location, diversity, balancing area activity, demand-side management, rate
				design, and load management;
(10)
				testimony demonstrating that the portfolio procurement plan is consistent with
				the integrated resource plan and explaining any material differences;
(11) testimony demonstrating that acceptable
				system reliability will be maintained with the proposed new renewable resource
				additions;
(12) information,
				including exhibits, as applicable, that demonstrates that the proposed
				procurement was the result of a competitive procurement that included
				opportunities for bidders to propose purchased power, facility self-build, or
				facility build-transfer options;
(13) demonstration that the plan is otherwise
				in the public interest, considering factors such as overall cost and economic
				development opportunities;
(14) a
				mechanism, with supporting testimony, to prevent the public utility's voluntary
				program customers from being subject to charges by the public utility to
				recover RPS compliance costs pursuant to Subsection B of Section
				62-16-7 NMSA 1978; and
(15) any other information the commission may
				deem necessary.