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Regulators approve showing renewable energy costs on electric bills

McClatchy-Tribune Regional News -- Public Service Company of New Mexico customers can expect to see between $1.38 and $1.47 tacked onto their monthly electric bills soon to cover the costs of adding renewable energy to the company's portfolio.
The New Mexico Public Regulation Commission approved PNM's request to add specific renewable energy costs to customer bills as new solar and wind facilities are added, as renewable energy is purchased and as credits are paid out to customers producing their own renewable energy. The initial amount that will show up soon on bills is PNM's bid to recover $95 million in costs for five new solar energy facilities completed last year.

Renewable energy advocates weren't happy with the PRC vote. They think it unfairly singles out renewable energy, since the costs for nonrenewable energy

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Submitted Aug 17, 2012 By: bar1035

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remay Champion Author Houston Posts:7,078 Points:2,143,215 Joined:May 2006	Message Posted: Aug 18, 2012 7:22:22 AM Ignore remay Report Abuse Relevance to THIS news forum?
jrs4125 Champion Author Indiana Posts:2,893 Points:618,470 Joined:Sep 2011	Message Posted: Aug 18, 2012 6:11:52 AM Ignore jrs4125 Report Abuse Will there be a credit when the 95 million is recovered?
52MPG Champion Author Dayton Posts:7,397 Points:1,768,430 Joined:Apr 2006	Message Posted: Aug 17, 2012 11:56:21 PM Ignore 52MPG Report Abuse Go for full disclosure.
Dennisjk Champion Author Detroit Posts:6,566 Points:1,948,800 Joined:Apr 2006	Message Posted: Aug 17, 2012 6:19:32 PM Ignore Dennisjk Report Abuse That depends how they show it. If they tell the truth and show you how you're getting screwed, it won't be good for the utility company.
paulydel Champion Author Delaware Posts:8,893 Points:858,100 Joined:Jan 2008	Message Posted: Aug 17, 2012 6:15:46 PM Ignore paulydel Report Abuse The electric companies haven't been taking the heat like the oil companies have but they are just as bad. The want the taxpayers to pay for the grid upgrade while they reap their personal bonuses.
carranco Champion Author Georgia Posts:1,027 Points:270,615 Joined:Dec 2008	Message Posted: Aug 17, 2012 6:13:10 PM Ignore carranco Report Abuse List it on the bills for all to see. The wakos want to hide it.
putz247 Champion Author Ohio Posts:2,300 Points:525,210 Joined:Aug 2011	Message Posted: Aug 17, 2012 6:05:24 PM Ignore putz247 Report Abuse interesting
run4gxc Champion Author Ohio Posts:2,755 Points:625,880 Joined:May 2011	Message Posted: Aug 17, 2012 6:02:56 PM Ignore run4gxc Report Abuse ok
regasaz Champion Author Phoenix Posts:5,779 Points:1,300,035 Joined:Dec 2006	Message Posted: Aug 17, 2012 6:00:59 PM Ignore regasaz Report Abuse How many ways are they looking to be paid back for their investment? Sure sounds like Joe Public is taking it in the shorts again.
minnesotagirl Champion Author Milwaukee Posts:6,002 Points:1,258,520 Joined:Oct 2009	Message Posted: Aug 17, 2012 6:00:54 PM Ignore minnesotagirl Report Abuse At least we can get the info
RAE344 Champion Author Virginia Beach Posts:3,207 Points:688,245 Joined:Jun 2011	Message Posted: Aug 17, 2012 5:56:06 PM Ignore RAE344 Report Abuse When will it be too much information on the bill? It almost seems that they are giving us so much information that it is intended to confuse us.
Pramodsharma Champion Author Richmond Posts:2,099 Points:412,165 Joined:Feb 2012	Message Posted: Aug 17, 2012 5:51:09 PM Ignore Pramodsharma Report Abuse Welcome to Inspector raj of 50's
spotterFL Champion Author Florida Posts:4,262 Points:546,540 Joined:Aug 2009	Message Posted: Aug 17, 2012 5:48:50 PM Ignore spotterFL Report Abuse Oh! Sure! More regulation. USA.....The Land of The Regulated and The Timid!
imadriver All-Star Author Twin Cities Posts:673 Points:559,085 Joined:Dec 2009	Message Posted: Aug 17, 2012 5:43:31 PM Ignore imadriver Report Abuse In the interest of "full disclosure", why don't the utility companies also indicate the specific legislation that requires them to meet certain so-called renewable energy mandates AND show whatever Federal or State money they receive to "assist" them in doing so? Answer? A. As a result of this disclosure, certain legislation might be repealed. B. As a result of this disclosure, certain legislators might need to update the resume and interview for a private sector job. C. As a result of this disclosure, more government waste of taxpayer money would be exposed.
iamforiu Champion Author Indiana Posts:3,710 Points:738,465 Joined:May 2011	Message Posted: Aug 17, 2012 5:42:44 PM Ignore iamforiu Report Abuse ok
OWENALOTT Champion Author Appleton Posts:2,182 Points:500,095 Joined:Apr 2011	Message Posted: Aug 17, 2012 5:41:50 PM Ignore OWENALOTT Report Abuse VOTE Romney / Ryan We RICH people need another TAX CUT :)
mickealo Champion Author Spokane Posts:6,297 Points:2,171,160 Joined:Oct 2006	Message Posted: Aug 17, 2012 5:37:31 PM Ignore mickealo Report Abuse that would be ok if what they showed was true but they make the numbers say what they want them too
Foxt Champion Author Minnesota Posts:5,400 Points:2,048,030 Joined:Jul 2006	Message Posted: Aug 17, 2012 5:35:31 PM Ignore Foxt Report Abuse Maybe they should give us a credit on our bill if they're making a profit.
dadis46 Champion Author Maryland Posts:8,160 Points:1,112,390 Joined:May 2006	Message Posted: Aug 17, 2012 5:35:05 PM Ignore dadis46 Report Abuse i agree comprof at Huston. 90% of US people will get svrew every which and get poor. Damn those greedy company.
Toppers Champion Author Atlanta Posts:9,147 Points:2,497,420 Joined:Mar 2005	Message Posted: Aug 17, 2012 5:34:15 PM Ignore Toppers Report Abuse Dislike
bigbing64 Champion Author Memphis Posts:1,007 Points:250,870 Joined:Sep 2008	Message Posted: Aug 17, 2012 5:33:09 PM Ignore bigbing64 Report Abuse That's a bunch of crap. So they are basically forcing us to finance "green" energy even if we believe that global warming is patently false.
HEBster Champion Author Kentucky Posts:8,922 Points:2,400,630 Joined:May 2006	Message Posted: Aug 17, 2012 5:30:24 PM Ignore HEBster Report Abuse Ugghhh!
comprof Champion Author Houston Posts:7,009 Points:1,384,450 Joined:Jul 2009	Message Posted: Aug 17, 2012 5:28:10 PM Ignore comprof Report Abuse And Americans get screwed.
DeeMamma88 Veteran Author San Bernardino Posts:352 Points:303,105 Joined:May 2012	Message Posted: Aug 17, 2012 5:26:38 PM Ignore DeeMamma88 Report Abuse Way to stick it to the American people
dave1745 Champion Author Gary Posts:1,263 Points:761,920 Joined:Dec 2010	Message Posted: Aug 17, 2012 5:24:38 PM Ignore dave1745 Report Abuse nifty
THZebra Champion Author Indiana Posts:1,980 Points:675,135 Joined:Nov 2008	Message Posted: Aug 17, 2012 5:24:17 PM Ignore THZebra Report Abuse Shouldn't that be the cost of doing business???? Their costs, not their customers. That's why utility companies need competition. They have none. If I owned the only shoe store in the state, guess how much your new shoes would be???!!!
4warned Champion Author Michigan Posts:5,814 Points:2,187,735 Joined:Nov 2006	Message Posted: Aug 17, 2012 5:23:23 PM Ignore 4warned Report Abuse Let the companies stand on there own. Quit giving them a blank check.
dylan126 Champion Author Cleveland Posts:4,573 Points:621,320 Joined:Sep 2011	Message Posted: Aug 17, 2012 5:22:54 PM Ignore dylan126 Report Abuse The electric bills have become ridiculous, fees for this and that just like the gas company. Don't know what you are paying for. Soon to be without a home, Like a Rolling Stone.
wshutton Champion Author Los Angeles Posts:1,810 Points:951,875 Joined:Mar 2009	Message Posted: Aug 17, 2012 5:22:05 PM Ignore wshutton Report Abuse K
YodaON Champion Author Ottawa Posts:3,056 Points:805,540 Joined:Jan 2011	Message Posted: Aug 17, 2012 5:21:43 PM Ignore YodaON Report Abuse ok
aggietim Champion Author Fort Worth Posts:1,831 Points:716,450 Joined:Oct 2008	Message Posted: Aug 17, 2012 5:21:05 PM Ignore aggietim Report Abuse no. We pay for it based on their costs. Just because they use renewable, we shouldn't have to pay for it.
yakstar Champion Author Montreal Posts:2,555 Points:506,475 Joined:Jan 2012	Message Posted: Aug 17, 2012 5:19:37 PM Ignore yakstar Report Abuse other news...
dacofa Champion Author Nevada Posts:5,401 Points:1,173,405 Joined:Jan 2010	Message Posted: Aug 17, 2012 5:19:23 PM Ignore dacofa Report Abuse We pay again.
satrn38mpg Champion Author Raleigh Posts:5,202 Points:1,079,665 Joined:Sep 2009	Message Posted: Aug 17, 2012 5:14:30 PM Ignore satrn38mpg Report Abuse always something
spedygonzales All-Star Author Toronto Posts:925 Points:483,985 Joined:May 2011	Message Posted: Aug 17, 2012 5:07:20 PM Ignore spedygonzales Report Abuse WE'LL PAY MORE
redtruck01 Champion Author North Carolina Posts:1,621 Points:1,383,720 Joined:Mar 2009	Message Posted: Aug 17, 2012 5:03:20 PM Ignore redtruck01 Report Abuse Sounds like another "tax" to me.
lll4386 Champion Author Seattle Posts:3,963 Points:609,000 Joined:Apr 2007	Message Posted: Aug 17, 2012 5:01:50 PM Ignore lll4386 Report Abuse Any excuse to tack more 'taxes' onto our bills.
Chas58 Champion Author Detroit Posts:1,102 Points:311,220 Joined:Mar 2011	Message Posted: Aug 17, 2012 5:00:57 PM Ignore Chas58 Report Abuse In Michigan electric companys already do show that.
dudleydolittle Champion Author Cleveland Posts:4,573 Points:617,395 Joined:Sep 2011	Message Posted: Aug 17, 2012 4:58:54 PM Ignore dudleydolittle Report Abuse Waiting for the trickle down effect.
mplato Champion Author Columbia Posts:8,389 Points:1,842,970 Joined:Jun 2004	Message Posted: Aug 17, 2012 4:58:44 PM Ignore mplato Report Abuse yes show that renewable cost..it wont be cheap
jackster111 Champion Author North Carolina Posts:3,529 Points:452,060 Joined:Feb 2012	Message Posted: Aug 17, 2012 4:52:23 PM Ignore jackster111 Report Abuse Cool
commins Champion Author Riverside Posts:2,114 Points:1,078,195 Joined:Feb 2009	Message Posted: Aug 17, 2012 4:49:14 PM Ignore commins Report Abuse Customers should see where their money is being wasted.
BrucePen Champion Author Ontario Posts:6,732 Points:1,387,590 Joined:Sep 2008	Message Posted: Aug 17, 2012 4:49:01 PM Ignore BrucePen Report Abuse Good idea. In Ontario the costs of adding renewable energy will soon double our hydro bill. The lying corrupt socialist Liberal would never allow the public to see this.
TheSnowstorm Champion Author Montreal Posts:8,724 Points:1,939,155 Joined:June 2005	Message Posted: Aug 17, 2012 4:48:13 PM Ignore TheSnowstorm Report Abuse And then the increases will come...
nigelb Champion Author Virginia Posts:8,592 Points:1,417,505 Joined:Feb 2008	Message Posted: Aug 17, 2012 4:48:03 PM Ignore nigelb Report Abuse Yes, it should be disclosed on the monthly bills.
wz Champion Author Twin Cities Posts:2,620 Points:1,303,960 Joined:Feb 2009	Message Posted: Aug 17, 2012 4:47:40 PM Ignore wz Report Abuse Full disclosure! Wasn't transparency an Obama campaign promise in 2008?
frugalking Champion Author Twin Cities Posts:1,067 Points:218,445 Joined:Mar 2010	Message Posted: Aug 17, 2012 4:42:21 PM Ignore frugalking Report Abuse Excellent! The customers should see where their money is being wasted. Knowledge is power.
fcdriver Champion Author Tennessee Posts:7,378 Points:1,499,580 Joined:Sep 2008	Message Posted: Aug 17, 2012 4:42:16 PM Ignore fcdriver Report Abuse everyone should just put it in their own back yard and leave the middle man out of the pictuire
Taxrefugee Champion Author Arizona Posts:1,535 Points:413,495 Joined:Jan 2012	Message Posted: Aug 17, 2012 4:41:41 PM Ignore Taxrefugee Report Abuse Another pro-BHO state getting what it voted for.
VanIsleLes All-Star Author British Columbia Posts:898 Points:294,545 Joined:Jun 2012	Message Posted: Aug 17, 2012 4:39:28 PM Ignore VanIsleLes Report Abuse Oh my!