Created: 05/12/2015 9:24 AM By: Elizabeth Reed, KOB.com
Protesters rallied outside of PNM's headquarters Tuesday in response to the utility's rate hike proposal and its plan to take on a greater share of the San Juan County Generating Station.
The organizers of the "Rally for Ratepayer Justice" say they want to show PNM shareholders that New Mexicans want more renewable energy to protect the future for families.
Last month, a New Mexico Public Regulation Commission hearing examiner rejected PNM's 12 percent rate hike, stating that the utility's application was incomplete. However, PNM says the hearing examiner wrongly imposed a heighten standard for the utility, and is urging the PRC to reject the case recommendation.
Regulators will take up the issue later this month.