We intervened in the PNM Avangrid merger case at the PRC because it offers no benefits to the people of New Mexico. Ratepayers are offered a 59¢ credit while shareholders and company executives make millions.

New Energy Economy is working with a coalition of organizations across the state to imagine an alternative to the monopoly private utility model. Public Power ownership can act as an economic engine, with local control and community values taking precedence over shareholder profit.

PNM filed an abandonment application for Four Corners Power Plant that includes sale of its shares to NTEC. Instead of shutting down, NTEC will keep the plant operational till at least 2027. This is contrary to law and contrary to science.