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Regulators approve showing renewable energy costs on electric bills

McClatchy-Tribune Regional News -- Public Service Company of New Mexico customers can expect to see between $1.38 and $1.47 tacked onto their monthly electric bills soon to cover the costs of adding renewable energy to the company's portfolio.
The New Mexico Public Regulation Commission approved PNM's request to add specific renewable energy costs to customer bills as new solar and wind facilities are added, as renewable energy is purchased and as credits are paid out to customers producing their own renewable energy. The initial amount that will show up soon on bills is PNM's bid to recover $95 million in costs for five new solar energy facilities completed last year.

Renewable energy advocates weren't happy with the PRC vote. They think it unfairly singles out renewable energy, since the costs for nonrenewable energy


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Submitted Aug 17, 2012 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Regulators approve showing renewable energy costs on electric bills Back to Topics
REPLIES (newest first) Post a Reply
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remay
Champion Author Houston

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Message Posted: Aug 18, 2012 6:22:22 AM

Relevance to THIS news forum?
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jrs4125
Champion Author Indiana

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Message Posted: Aug 18, 2012 5:11:52 AM

Will there be a credit when the 95 million is recovered?
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52MPG
Champion Author Dayton

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Message Posted: Aug 17, 2012 10:56:21 PM

Go for full disclosure.
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Dennisjk
Champion Author Detroit

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Message Posted: Aug 17, 2012 5:19:32 PM

That depends how they show it. If they tell the truth and show you how you're getting screwed, it won't be good for the utility company.
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paulydel
Champion Author Delaware

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Message Posted: Aug 17, 2012 5:15:46 PM

The electric companies haven't been taking the heat like the oil companies have but they are just as bad. The want the taxpayers to pay for the grid upgrade while they reap their personal bonuses.
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carranco
Champion Author Georgia

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Message Posted: Aug 17, 2012 5:13:10 PM

List it on the bills for all to see. The wakos want to hide it.
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putz247
Champion Author Ohio

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Message Posted: Aug 17, 2012 5:05:24 PM

interesting
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run4gxc
Champion Author Ohio

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Message Posted: Aug 17, 2012 5:02:56 PM

ok
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regasaz
Champion Author Phoenix

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Message Posted: Aug 17, 2012 5:00:59 PM

How many ways are they looking to be paid back for their investment? Sure sounds like Joe Public is taking it in the shorts again.
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minnesotagirl
Champion Author Milwaukee

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Message Posted: Aug 17, 2012 5:00:54 PM

At least we can get the info
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RAE344
Champion Author Virginia Beach

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Message Posted: Aug 17, 2012 4:56:06 PM

When will it be too much information on the bill? It almost seems that they are giving us so much information that it is intended to confuse us.
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Pramodsharma
Champion Author Richmond

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Message Posted: Aug 17, 2012 4:51:09 PM

Welcome to Inspector raj of 50's
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spotterFL
Champion Author Florida

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Message Posted: Aug 17, 2012 4:48:50 PM

Oh! Sure! More regulation.

USA.....The Land of The Regulated and The Timid!

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imadriver
All-Star Author Twin Cities

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Message Posted: Aug 17, 2012 4:43:31 PM

In the interest of "full disclosure", why don't the utility companies also indicate the specific legislation that requires them to meet certain so-called renewable energy mandates AND show whatever Federal or State money they receive to "assist" them in doing so?

Answer?

A. As a result of this disclosure, certain legislation might be repealed.
B. As a result of this disclosure, certain legislators might need to update the resume and interview for a private sector job.
C. As a result of this disclosure, more government waste of taxpayer money would be exposed.
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iamforiu
Champion Author Indiana

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Message Posted: Aug 17, 2012 4:42:44 PM

ok
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OWENALOTT
Champion Author Appleton

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Message Posted: Aug 17, 2012 4:41:50 PM

VOTE Romney / Ryan We RICH people need another TAX CUT :)
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mickealo
Champion Author Spokane

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Message Posted: Aug 17, 2012 4:37:31 PM

that would be ok if what they showed was true but they make the numbers say what they want them too
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Foxt
Champion Author Minnesota

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Message Posted: Aug 17, 2012 4:35:31 PM

Maybe they should give us a credit on our bill if they're making a profit.
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dadis46
Champion Author Maryland

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Message Posted: Aug 17, 2012 4:35:05 PM

i agree comprof at Huston.
90% of US people will get svrew every which and get poor.
Damn those greedy company.
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Toppers
Champion Author Atlanta

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Message Posted: Aug 17, 2012 4:34:15 PM

Dislike
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bigbing64
Champion Author Memphis

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Message Posted: Aug 17, 2012 4:33:09 PM

That's a bunch of crap. So they are basically forcing us to finance "green" energy even if we believe that global warming is patently false.
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HEBster
Champion Author Kentucky

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Message Posted: Aug 17, 2012 4:30:24 PM

Ugghhh!
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comprof
Champion Author Houston

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Message Posted: Aug 17, 2012 4:28:10 PM

And Americans get screwed.
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DeeMamma88
Veteran Author San Bernardino

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Message Posted: Aug 17, 2012 4:26:38 PM

Way to stick it to the American people
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dave1745
Champion Author Gary

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Message Posted: Aug 17, 2012 4:24:38 PM

nifty
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THZebra
Champion Author Indiana

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Message Posted: Aug 17, 2012 4:24:17 PM

Shouldn't that be the cost of doing business???? Their costs, not their customers. That's why utility companies need competition. They have none. If I owned the only shoe store in the state, guess how much your new shoes would be???!!!
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4warned
Champion Author Michigan

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Message Posted: Aug 17, 2012 4:23:23 PM

Let the companies stand on there own. Quit giving them a blank check.
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dylan126
Champion Author Cleveland

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Message Posted: Aug 17, 2012 4:22:54 PM

The electric bills have become ridiculous, fees for this and that just like the gas company. Don't know what you are paying for. Soon to be without a home, Like a Rolling Stone.
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wshutton
Champion Author Albuquerque

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Message Posted: Aug 17, 2012 4:22:05 PM

K
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YodaON
Champion Author Ottawa

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Message Posted: Aug 17, 2012 4:21:43 PM

ok
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aggietim
Champion Author Fort Worth

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Message Posted: Aug 17, 2012 4:21:05 PM

no. We pay for it based on their costs. Just because they use renewable, we shouldn't have to pay for it.
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yakstar
Champion Author Montreal

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Message Posted: Aug 17, 2012 4:19:37 PM

other news...
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dacofa
Champion Author Nevada

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Message Posted: Aug 17, 2012 4:19:23 PM

We pay again.
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satrn38mpg
Champion Author Raleigh

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Message Posted: Aug 17, 2012 4:14:30 PM

always something
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spedygonzales
All-Star Author Toronto

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Message Posted: Aug 17, 2012 4:07:20 PM

WE'LL PAY MORE
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redtruck01
Champion Author North Carolina

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Message Posted: Aug 17, 2012 4:03:20 PM

Sounds like another "tax" to me.
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lll4386
Champion Author Seattle

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Message Posted: Aug 17, 2012 4:01:50 PM

Any excuse to tack more 'taxes' onto our bills.
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Chas58
Champion Author Detroit

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Message Posted: Aug 17, 2012 4:00:57 PM

In Michigan electric companys already do show that.
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dudleydolittle
Champion Author Cleveland

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Message Posted: Aug 17, 2012 3:58:54 PM

Waiting for the trickle down effect.
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mplato
Champion Author Columbia

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Message Posted: Aug 17, 2012 3:58:44 PM

yes show that renewable cost..it wont be cheap
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jackster111
Champion Author North Carolina

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Message Posted: Aug 17, 2012 3:52:23 PM


Cool
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commins
Champion Author Riverside

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Message Posted: Aug 17, 2012 3:49:14 PM

Customers should see where their money is being wasted.
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BrucePen
Champion Author Ontario

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Message Posted: Aug 17, 2012 3:49:01 PM

Good idea.
In Ontario the costs of adding renewable energy will soon double our hydro bill.
The lying corrupt socialist Liberal would never allow the public to see this.
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TheSnowstorm
Champion Author Montreal

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Message Posted: Aug 17, 2012 3:48:13 PM

And then the increases will come...
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nigelb
Champion Author Virginia

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Message Posted: Aug 17, 2012 3:48:03 PM

Yes, it should be disclosed on the monthly bills.
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wz
Champion Author Twin Cities

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Message Posted: Aug 17, 2012 3:47:40 PM

Full disclosure!

Wasn't transparency an Obama campaign promise in 2008?
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frugalking
Champion Author Twin Cities

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Message Posted: Aug 17, 2012 3:42:21 PM

Excellent! The customers should see where their money is being wasted. Knowledge is power.
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fcdriver
Champion Author Tennessee

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Message Posted: Aug 17, 2012 3:42:16 PM

everyone should just put it in their own back yard and leave the middle man out of the pictuire
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Taxrefugee
Champion Author Arizona

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Message Posted: Aug 17, 2012 3:41:41 PM

Another pro-BHO state getting what it voted for.
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VanIsleLes
All-Star Author British Columbia

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Message Posted: Aug 17, 2012 3:39:28 PM

Oh my!
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