N.M. Admin. Code § 17.9.590.11
Current through Register Vol. 35, No. 23, December 10, 2024
Section 17.9.590.11 - RATE FLEXIBILITYA. The most recent rate schedule approved by the Commission for a customer class is the maximum rate a utility is permitted to charge that customer class.B. A utility may provide an economic development rate lower than the rate schedule approved by the Commission for a customer class. The economic development rate shall be designed so as to recover at least the incremental cost of providing electric utility service to that customer. The utility shall file the variable cost of providing electric utility service to the customer classes for which economic development rates are being offered. The variable cost of the supplier's wholesale service for resale to that customer shall be used to determine the variable cost in circumstances where the utility purchases its requirements.C. If the utility decides to provide economic development rates, it must provide the economic development rates to all participating customers pursuant to NMSA 1978, Section 62-8-6.N.M. Admin. Code § 17.9.590.11