Join us as we make the Oral Argument in our 2nd Supreme Court Appeal Against PNM's Coal and Nuclear
9AM-11AM at the New Mexico Supreme Court
The second in a series of three related cases that attempt to move PNM's coal and nuclear investments into ratebase. This 7% rate increase paid for PNM to move more shares of nuclear and the capital and the take-or-pay coal contract for Four Corners into rates without providing any financial analysis or comparison of alternatives.
See our Ratecase page for a refesher on our position in the case.
If PNM is allowed to move forward with the green light given by the PRC, ratepayers will have an even larger share in the liabilities and costs associated with Palo Verde Nuclear and Four Corners.
Let's pack the Supreme Court House again (we are still waiting on their ruling in the Replacement Power Case).
Celebratory Lunch to Follow at 11:30AM-1:00PM
Afterward, please join us for lunch, on us, in the McCune Conference Room next door to our office.