Commission Suspends Planned Rate Increase for New Mexico Electric Coops

The New Mexico Public Regulation Commission (PRC) has suspended a planned rate increase for several New Mexico electric cooperatives that are part of the Tri-State Generation and Transmission Association (Tri-State).  Tri-State will likely file suit protesting the decision, arguing that the New Mexico PRC has no jurisdiction over interstate wholesale power sales.  During the pendency of the decision, Tri-State can file for an emergency rate increase.  Tri-State’s rate increase was set to take effect January 1, 2013.  Read more here.

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