N.M. Admin. Code § 17.9.573.11

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

Section 17.9.573.11 - STATEWIDE CAPACITY PROGRAM CAPS

A. The statewide capacity program cap, effective November 1, 2024, is 300 megawatts alternating current. This cap does not apply to applications and projects that have been processed in the commission's initial application selection process as such applications and projects remain subject to the initial cap of 200 megawatts. The 300-megawatt cap will apply to the first selection process to be conducted after November 1, 2024, and will be in addition to the 200-megawatt cap applied to the initial selection process, resulting in a total cap of 500 megawatts. The 300-megawatt cap is allocated among the service territories of the three qualifying utilities according to addressable market estimations, subject to further refinement, as follows:

(1) public service company of New Mexico (PNM), 185 MW;

(2) southwestern public service company (SPS), 70 MW; and

(3) El Paso electric company (EPE), 45 MW.

B. The commission may, at its discretion, reallocate the capacity cap among the territories of the utilities to avoid a significant shortfall of the capacity actually used vis-à-vis the capacity cap.

C. The commission will review the cap on an annual basis.

N.M. Admin. Code § 17.9.573.11

Adopted by New Mexico Register, Volume XXXIII, Issue 13, July 12, 2022, eff. 7/12/2022, Amended by New Mexico Register, Volume XXXV, Issue 20, October 22, 2024, eff. 10/22/2024