The commission may eliminate or impose conditions on a particular FPPCAC if it finds such action is consistent with the purposes of the Public Utility Act, including serving the goal of providing reasonable and proper service at fair, just and reasonable rates to all customer classes; provided however that no such elimination or imposition of conditions shall be ordered if to do so would place the affected utility at a competitive disadvantage. The commission may provide for separate examination of a utility's FPPCAC based upon that utility's particular operating characteristics.
N.M. Admin. Code § 17.9.550.14