PRC should reject PNM’s fossil fuel-laden plan
Esteemed Public Regulations Commissioners,
I humbly request that you reject both PNM’s proposed power replacement plan for the San Juan Generating Station and the proposed rate case on economic, public health, and environmental grounds to make way for clean, renewable energies in the Land of Enchantment.
Spending a combined $576 million on gas, coal, nuclear energy purchases and generating capacity does not serve the best interests of the public. Similarly, a dramatic rate increase falling disproportionately on residential customers has no benefit for the vast majority of New Mexicans; contrarily, it bodes well for PNM’s investors (who received an 8.1 percent dividend increase on December 9th)…