I am writing in response to Steve Terrell’s piece, “Most vocal critic of PNM plans says mission is about justice” (Oct. 24), in which he profiles Mariel Nanasi, executive director of New Energy Economy. I remain unclear as to why the financials of New Energy Economy were published but not those of the Public Service Company of New Mexico. As I understand it, the top five PNM senior managers make a total of $7.5 million annually. In a seemingly parallel universe (which is actually the same universe), the average annual household income for the thousands of Native Americans living in the toxic shadow of coal plants like the San Juan Generating Station, owned and operated by PNM, is $7,200.
Lawsuit charges PNM’s effort to purchase nuclear power leases locks ratepayers into a bad deal.
January 27, 2016,
By Elizabeth Miller
We learned some unhappy lessons in the wake of the recession: namely, don’t pay more for something, like a house, than it will be worth when the next bubble bursts.
Those can be tough cards to read, of course, and very few people recognized the toxic assets poisoning our economy to the tune of 8 million lost jobs and 6 million lost homes as they approached. But a recently filed lawsuit raises questions as to whether the Public Service Company of New Mexico is making just that kind of deal.
Posted: Saturday, November 14, 2015 7:00 pm
Posted: Monday, November 9, 2015 9:00 pm | Updated: 11:28 am, Tue Nov 10, 2015.
All five state Public Regulation Commission members will be allowed to decide on whether Public Service Company of New Mexico can go ahead with plans for the coal-burning San Juan Generating Station, the state Supreme Court ruled on Monday.
The high court ruled against a petition by New Energy Economy, a clean-energy advocacy group, that sought to remove four of the elected commissioners from the San Juan case for alleged bias in favor of the state’s largest utility company. The group alleged that some commissioners have engaged in improper “ex parte” communications with PNM during the course of the San Juan case and that some had made public statements that New Energy claimed were evidence the commissioners had already made up their minds in favor of PNM.
While the court ruled against New Energy, Chief Justice Barbara Vigil seemed to admonish the commissioners when, immediately before announcing the decision, she quoted from a 1999 opinion by a former justice, the late Pamela Minzner, in a case concerning the former state Corporations Commission, a predecessor of the current regulatory commission.
“Comments by a commissioner which constitute prejudgment may constitutionally taint any subsequent hearing so as to invalidate the ensuing order of the commission,” Minzner wrote.
If the San Juan case ends up back in the court system on appeal, Vigil said, the commission will face “heightened scrutiny” over actions taken regarding the aging power plant. Vigil said the justices found that “issues raised in the petition are important concerns.”
Help Us Raise $50,000 by November 26th
Posted: Saturday, October 31, 2015 7:00 pm
New Mexico has an immediate opportunity to promote public health, preserve the state’s natural resources and achieve significant economic development and environmental benefits.
The Public Regulation Commission can take a significant step toward realizing those goals by requiring Public Service Company of New Mexico to move rapidly toward greater reliance on renewable energy sources. I support the position of New Energy Economy that the current proposal for New Mexico’s energy future being considered by the PRC does not go far enough or fast enough
As Justin Gillis wrote on Oct. 22, “2015 likely to be the hottest year,” temperatures are hotter than last year’s record setting-levels, and 2015 has been the hottest year in the historical record, according to the National Oceanic and Atmospheric Administration’s report recently released.
This undermines any claims that global warming has somehow stopped. Year after year, it is clear that global warming and climate change are happening right here, right now. Presidential hopeful Hillary Rodham Clinton said in a town hall meeting that more governmental agencies needed to get on board and “have a national commitment to do something about climate change.” In that speech, Clinton specifically identified the Federal Regulatory Commission as a necessary partner in such a national effort. She said, “It’s not just the EPA that needs to be focused on combating climate change.”
I read an interesting article by Steve Terrell (“Most vocal critic of PNM plans says her mission is about justice,” Oct. 25) regarding the ongoing dispute between the Public Regulation Commission and numerous interveners in Public Service Company of New Mexico’s San Juan project.
Posted: Saturday, October 31, 2015 7:00 pm
Public Service Company of New Mexico had the highest residential electricity rates in New Mexico in 2014. Why?
Public regulated utilities, such as PNM, are allowed to make a profit on the assets that they own. In the case of PNM, it is allowed to make 11.4 percent pre-tax profit on its asset base (rate-base). Thus, to set electricity rates for its customers, PNM adds up all of its asset values at the end of the year; 11.4 percent of that asset value is the profit that it can claim.
For a PDF copy of the Writ ClICK HERE.
Most Vocal Critic of PNM plans says mission is about JusticeRead more
The PRC has approved the spending of nearly $215,000 to represent four PRC commissioners in the bias case going before the New Mexico supreme courtRead more
The second evidentiary hearing for the Replacement Power case is coming to a close and we want to share an update of what's happened so far.Read more
By Steve Terrell The New Mexican |
An advocacy group on Monday filed a lawsuit asking the New Mexico Supreme Court to disqualify four of the five Public Regulation Commission members from voting on a utility company’s plans for the coal-fired San Juan Generating Station near Farmington.
Santa Fe-based New Energy Economy said it has evidence that the four commissioners — Karen Montoya, D-Albuquerque; Patrick Lyons, R-Cuervo; Sandy Jones, D-Williamsburg; and Lynda Lovejoy, D-Crownpoint — are too cozy with Public Service Company of New Mexico.Read more
Posted: Friday, September 25, 2015 9:00 pm | Updated: 10:27 pm, Fri Sep 25, 2015.
An advocacy group for alternative energy charged Friday that the Public Service Company of New Mexico has “fabricated” numbers about higher demand for electricity and used a “fictitious baseline” in its efforts to win approval for an operations plan at the San Juan Generating Station.
The group, New Energy Economy, contends that PNM relied on bad numbers in a computer modeling program to try to convince the state Public Regulation Commission and the public at large that using primarily nuclear power from an Arizona plant and coal power from the San Juan plant near Farmington would cost less than solar and wind power.
Mariel Nanasi, executive director of New Energy Economy, says she believes PNM is manipulating the numbers to justify its request for more coal and nuclear power so it can pass on costs of the San Juan Generating Station and the Palo Verde nuclear plant to its ratepayers.Read more
New Energy Economy filed the testimony of our four experts who challenge the merits of the Revised Stipulation and provide proof of the financial, environmental, and health superiority of alternative scenarios.
David Van Winkle's Testimony, financial and technical arguments against the Revised Stipulation and in support of 3 alternatives
Ron Lehr's Testimony, former Colorado PUC Commissioner testifies to availability of alternatives
Patrick Luckow Testimony, energy modeling expert challenging PNM's proposal and supporting alternatives
Mike McCally Testimony, health expert
On July 7, 2014, Public Service Company of New Mexico’s liaison with state regulators emailed a lobbyist who manages the company’s political action committee, asking for a donation to Tim Eichenberg’s campaign for state treasurer. In a follow-up email, the liaison, Mary Collins, said she’d met with state Public Regulation Commissioner Karen Montoya that morning, “and she asked.”
About a month later, the PAC contributed $1,000 to Democrat Eichenberg.Read more
The state Public Regulation Commission on Wednesday formally accepted an agreement between Public Service Company of New Mexico and three environmental groups regarding the utility’s proposal for a coal plant — and set a new timetable for a final vote on long-debated plans for the plant.
Mariel Nanasi of New Energy Economy — an environmental group that did not sign on to the recent compromise — said after the meeting that the commission ignored her request to delay the hearing until Oct. 19. She said that’s evidence that the commission is putting approval of the San Juan project on the fast track. The order approved Wednesday says an expert would be allowed to testify for New Energy Economy on Oct. 19 if he is unavailable Oct. 13.Read more
One of the sub skirmishes of the bigger battle over the fate of the San Juan Generating Station near Farmington is the advocacy group New Energy Economy's efforts to depose top officials of Public Service Company of New Mexico over various aspects of PNM's plans for the aging coal-burning power plant.
Yesterday the hearing officer in the case, which is before the Public Regulation Commission, ruled that PNM president and CEO Pat Vincent-Collawn and PNM's chief financial officer Charles Eldred should appear for scheduled depositions by New Energy so they can be questioned on various topics.Read more