Support Energy Redevelopment Bonds
We have an opportunity to take advantage of new energy advances and right now you can support a New Mexico bill introduced this legislative session that will make that possible.
TELL NEW MEXICO LEGISLATORS: SUPPORT THIS COMMONSENSE BILL!The Energy Redevelopment Bond Act, SB 47/HB 80, will give the Public Regulation Commission (PRC) the oversight for PNM to issue bonds to cover costs associated with the closing the San Juan coal plant. This means that PNM and its shareholders will not face large financial losses from the early closure of this coal-fired facility and our state’s customers stand to save $100 million. Giving the PRC the authority to allow PNM to issue bonds is a smart, tactical decision that moves us to cleaner energy economically.