in News Departments > New & Noteworthy
print the content item

PNM, New Mexico's largest electric utility, has proposed a plan to build three new solar projects in 2014 and purchase energy from an existing wind farm beginning in 2015.

Under the proposal, PNM would construct 23 MW of new solar near the greater Albuquerque metro area, bringing the total amount of company-owned solar to 67 MW. The utility would also buy the output from the 102.4 MW Red Mesa Wind Energy Center starting Jan. 1, 2015. The center, located in Cibola County, is owned and operated by NextEra Energy Resources and began commercial operation in 2010.

PNM says its proposal will help the utility meet New Mexico’s requirement for a renewable energy portfolio equal to 10% of retail sales through 2014 and 15% starting in 2015, while keeping costs below the state's 3% cost cap. The utility says the plan would add $0.83 to the average residential monthly bill starting in 2014. The New Mexico Public Regulation Commission must approve the proposal.




Hse SandyHook
Latest Top Stories

NERC CIP Version 5: Security In The Age Of Cyber Warfare

An expert from Waterfall Security Solutions finds that the latest standards are a leap forward for cybersecurity.


Does Income Determine Who Benefits The Most From Smart Grids?

According to the Smart Grid Consumer Collaborative, low-income consumers may be at a disadvantage.


Accenture And Siemens Form Smart Grid Joint Venture

OMNETRIC Group will help utilities improve energy efficiency, grid operations and reliability.


Maine Public Utilities Commission: Smart Meters Are Safe

According to a report by the commission, there is no direct link between smart meters and health issues.


Report: Global Solar Deployment Topped Wind In 2013

Research firm Clean Edge finds that solar surpassed wind for the first time since it began tracking international markets in 2000.

S&C Electric_id176
edf_id