N.M. Admin. Code § 17.7.3.8

Current through Register Vol. 35, No. 21, November 5, 2024

Section 17.7.3.8 - INTEGRATED RESOURCE PLANS FOR ELECTRIC UTILITIES

A. A public utility supplying electric service to customers shall file with the commission every three years a proposed integrated resource plan (IRP) to meet the service needs of its customers over the planning period. The plan shall show the resource options the utility intends to use to meet those needs. The plan shall also specify how the implementation and use of those resource options would vary with changes in supply and demand. The utility is only required to identify a resource option type, unless a commitment to a specific resource exists at the time of the filing. The utility shall also discuss any plans to reduce emissions from existing resources through sales, leases, deratings, or retirements.

B. The IRP submitted to the commission by an electric utility shall contain the utility's New Mexico jurisdictional information as follows:

(1) description of existing resources, see Appendix A;

(2) current load forecast, see Appendix A;

(3) load and resources table, see Appendix A;

(4) new load and facilities arising from special service agreements, economic development projects, and affiliate transactions;

(5) identification of resource options, see Appendix A;

(6) statement of need, see 17.7.3.10 NMAC;

(7) determination of the resource portfolio, see Appendix A; and

(8) action plan, see 17.7.3.11 NMAC.

C. The utilities shall file their IRP on a staggered schedule, as follows:

(1) Public service company of New Mexico shall file an IRP pursuant to 17.7.3.8 NMAC on or before September 1, 2023.

(2) Southwestern public service company shall file an IRP pursuant to 17.7.3.8 NMAC on or before September 1, 2024.

(3) El Paso electric company shall file an IRP pursuant to 17.7.3.8 NMAC on or before September 1, 2025.

D. A multi-jurisdictional utility shall include in its IRP a description of its resource planning requirements in the other state(s) where it operates, and a description of how it is coordinating the IRP with its out-of-state resource planning requirements.

E. The utility shall promptly notify the commission and participants of material events that would have the effect of changing the statement of need or action plan had those events been recognized when the statement of need or action plan was accepted.

(1) The utility shall, within two weeks of knowledge of the material event or events, submit a filing in its most recent IRP docket detailing the material events and options being considered as proposed modifications to the accepted action plan.

(2) This notice shall occur prior to the development of any proposed action plan modifications to ensure that the commission has advance notice. The utility shall serve the filing on everyone on the service list as well as each commissioner.

(3) The utility bears the burden of explaining why the events qualify as material and whether it shall file a variance, pursuant to 1.2.2.40 NMAC or 17.7.3.17 NMAC, from the accepted statement of need or action plan.

N.M. Admin. Code § 17.7.3.8

17.7.3.8 NMAC - N, 4-16-07, Amended by New Mexico Register, Volume XXVIII, Issue 16, August 29, 2017, eff. 8/29/2017, Adopted by New Mexico Register, Volume XXXIII, Issue 20, October 25, 2022, eff. 10/27/2022