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Regulators to take more testimony on PNM rate case

Ex-US scientist sentenced in attempted cyber-attack

ALBUQUERQUE, N.M. (AP) — New Mexico regulators will hear more testimony next week on a request by the state’s largest electric provider to raise customer rates. The Public Regulation Commission called for another hearing to begin Monday after questions were raised about costs incurred by Public Service Co. of New Mexico when the utility purchased the rights to more electricity ...

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Xcel Energy plans $400M Texas, New Mexico transmission line

Exelon closes deal to buy Pepco, creating largest US utility

AMARILLO, Texas (AP) — Xcel Energy plans to build a 345-kilovolt power line between Texas and New Mexico to extend its electrical transmission system. The company on Wednesday announced the $400 million project to connect a substation north of Abernathy, Texas, to a similar site in Eddy County, New Mexico. Xcel says it’s begun seeking regulatory approval for the 240-mile ...

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New Mexico wrestles with cleanup costs at oil wells

SANTA FE, N.M. (AP) — New Mexico regulators overseeing oil leases on state trust lands are seeking to set aside more funding as they grapple with repairing damage in the wake of spills of oily salt water by a Texas-based company. State Land Commissioner Aubrey Dunn unveiled proposed legislation Wednesday to create a fund that could accumulate up to $5 ...

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New Mexico settles with Texas well operator

Texas well operator

SANTA FE, N.M. (AP) — New Mexico oilfield regulators have reached a settlement agreement with a Texas well operator in response to spills of oily salt water at the company’s waste-water injection sites and oil wells. The New Mexico Oil Conservation Division confirmed Tuesday the agreement with Siana Operating of Midland, Texas, that outlines a timeline for cleaning up the ...

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Planners seek to transform New Mexico border town into destination

SANTA TERESA, N.M. (AP) — Trucks race along a winding road in the arid New Mexico desert. As they travel through Santa Teresa, a border-crossing port of entry and unincorporated town, they pass millions of square feet of warehouses that store steel coil, wind turbine blades and specialty glass. It’s a town that state officials say has pumped millions into New Mexico’s economy. But ...

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Value of nuclear power up for debate in New Mexico rate case

ALBUQUERQUE, N.M. (AP) — Discrepancies over the value of electricity purchased from a nuclear-fired power plant in Arizona has interrupted proceedings related to a request by New Mexico’s largest electric utility to raise rates for more than a half-million customers. A New Mexico hearing officer has extended the schedule in the Public Service Co. of New Mexico case so more ...

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Albuquerque delays decision on solar proposal

solar, Albuquerque

ALBUQUERQUE, N.M. (AP) — Leaders in New Mexico’s largest city have put off a decision on whether to join dozens of other communities that have set goals to get more of their electricity from renewable resources, a movement that has swept cities from the U.S. and Canada to Germany. The Albuquerque City Council voted during an hours-long meeting Monday to ...

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Albuquerque weighs getting more power from solar sources

Albuquerque, New Mexico, solar

ALBUQUERQUE, N.M. (AP) — New Mexico’s largest city could be joining dozens of other communities around the nation that have set goals to get more of their electricity from renewable resources. Albuquerque city councilors on Monday are scheduled to take up a resolution that calls for getting at least 25 percent of the electricity used by city facilities from solar ...

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New Mexico state revenues lag

New Mexico, state revenues

SANTA FE, N.M. (AP) — New Mexico budget analysts say state revenues continue to trail last year by about 10 percent amid low energy prices and weak tax receipts. The Legislative Finance Council is reviewing its estimates Wednesday that show the state collecting revenues of $3.6 billion during the first seven months of the current fiscal year. The state had ...

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New Mexico land commissioner opposes flaring rules

permian basin, halliburton hiring, new mexico

SANTA FE, N.M. (AP) — New Mexico State Land Commissioner Aubrey Dunn isn’t a fan of the Obama administration’s plan to clamp down on oil companies that burn off natural gas on public land. Dunn announced Thursday that his office has submitted comments in opposition of the proposed venting and flaring regulations. Dunn says a committee was formed in New ...

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