Are you able to be present for the Public Hearing on June 4th @ the PRC at 8:45am for the rally?
Are you able to give public comment at 9:30am?
You can view the recording of the IRP Public Hearing webinar Here
Every 3 years Public Service Company of New Mexico is required to develop a plan for the next 20 years of energy investment, engage stakeholders throughout the process, and submit the results of the planning process - with the Most Cost-Effective Portfolio identified - to the New Mexico Public Regulation Commission for approval. The process is called Integrated Resource Planning. While PNM is not bound to the energy supplies identified in their plan, it reflects their long-range planning and forecasts our energy future. It also lays the groundwork for upcoming resource acquisition cases and subsequent ratecases.
The 2018 IRP is no different. While they've included closure dates for the San Juan Coal Plant (2022) and the Four Corners Coal Plant (2031), the energy supplies they plan on bringing on board to replace the lost capacity are not the least cost options and have serious health, environmental, and financial cost and liabilities.
How did they arrive at these energy supply recommendations over wind and solar plus storage?
They did what they do -- they cooked the books! PNM's modeling software inputs: 1)Artificially limited the amount of wind and solar possible - setting a cap on the megawatts the software could choose! 2)Artificially inflated the cost of solar and wind well beyond today's market prices and the bids they themselves have received. They also escalated the price of renewables over time when the reality is that solar, wind, and storage prices are steadily declining! 3)Completely omitted renewable energy storage! See our full analysis and testimony HERE.
Please, consider joining us in this fight. Giving testimony at the public hearing is an effective tool.
1120 Paseo de Peralta
Santa Fe, NM 87501
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