New Mexico HB303 mandates public utilities to obtain a certificate of public convenience and necessity before providing service to customers.
New Mexico HB303 amends the Public Utility Act to require public utilities to secure a certificate of public convenience and necessity before offering service to customers. The bill outlines specific ratemaking principles and treatment for certified facilities, including provisions for extensions and decertification. It also allows for expedited approval processes if no protests are filed within sixty days. The act emphasizes the importance of energy storage systems that reduce costs, fossil fuel use, and greenhouse gases, while ensuring grid reliability and security.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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