N.M. Admin. Code § 17.7.430.9

Current through Register Vol. 35, No. 23, December 10, 2024

Section 17.7.430.9 - TREATMENT OF PROGRAM COSTS

The following program elements are to be treated as a current operating expense:

A. Administrative and general expenses, including those associated with program audits, list distribution, customer billing services, and "arranging". These administrative costs may include any costs the utility incurs if it conducts random post-installation inspections required by 10 CFR Section 456.313(b) and conciliation conferences required by 10 CFR Section 456.315(a);

B. Project Manager requirements, including:

(1) program audits;

(2) arranging for a lender to make a loan to an eligible customer to finance the purchase and installation costs of energy conservation and renewable resource measures, including the costs of arranging repayment of the principal and interest of a loan as part of the periodic bill; and

(3) arranging to have the program measures installed.

N.M. Admin. Code § 17.7.430.9

Recompiled 12/30/01