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Efficient Use of Energy Act (New Mexico)
DSIRE/DtAdd 2006-04-24  +
DSIRE/Id NM09R  +
DSIRE/LstUpdt November 6, 2012  +
Incentive/Active true  +
Incentive/ApplDsc Commercial  + , Industrial  + , Residential  +
Incentive/Auth2Code NMAC 17.7.2  +
Incentive/Auth2Link http://www.nmcpr.state.nm.us/nmac/parts/title17/17.007.0002.htm  +
Incentive/AuthCode N.M. Stat. § 62-17-1 et seq.  +
Incentive/AuthLink http://www.nmonesource.com/nmnxtadmin/NMPublic.aspx  +
Incentive/Charge Limit: 75,000/yr per customer  +
Incentive/ContAddr PO Box 1269  +
Incentive/ContAddr2 1120 Paseo de Peralta  +
Incentive/ContDept New Mexico Public Regulation Commission  +
Incentive/ContEmail John.Reynolds@state.nm.us  +
Incentive/ContName John Reynolds  +
Incentive/ContPlace Santa Fe, New Mexico  +
Incentive/ContWebsite http://www.nmprc.state.nm.us/  +
Incentive/ContZip 87504  +
Incentive/DsireSyncDate 2011-04-30 17:55:56  +
Incentive/EnergyCat Energy Efficiency Incentive Programs  +
Incentive/ImplSector State/Territory  +
Incentive/Name Efficient Use of Energy Act  +
Incentive/Summary The Efficient Use of Energy Act of 2005 al
The Efficient Use of Energy Act of 2005 allows public electric and natural gas utilities to implement cost-effective energy-reduction programs. The programs may be funded through a tariff rider for energy-efficiency and load management programs. The charges on the consumer cannot exceed the commission’s approved tariff for that customer’s bill or $75,000 per year. The Act also provides for monitoring, verification, and periodic reporting by the utility on its energy efficiency expenditures and overall program effectiveness. Public utilities must obtain Commission approval of energy efficiency and load management programs before they are implemented. All investor-owned utilities in New Mexico have now received approval for their energy efficiency programs. A distribution cooperative may collect from its customers a renewable energy and conservation fee of no more than one percent of the customer's bill. Money collected through the renewable energy and conservation fee must be segregated in a separate renewable energy and conservation account from other distribution cooperative funds and can only be expended on programs or projects to promote the use of renewable energy, load management or energy efficiency. Electric cooperatives must provide written submission of their energy-efficiency programs to the Commission, but approval for such programs shall reside with the governing body of each cooperative utility. '''Background''' In 2007, [http://www.nmlegis.gov/Sessions/07%20Regular/final/SB0418.pdf SB 418] removed a requirement that consumer charges cannot exceed 1.5% of a consumer's energy bill and empowered the Commission to establish a new cap.
red the Commission to establish a new cap.  +
Incentive/TechDscOther Unspecified technologies  +
Incentive/Type Public Benefits Fund +
OpenEI/PageDescription Efficient Use of Energy Act: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , New Mexico  + , Public Benefits Fund  +
Place New Mexico: Energy Resources +
Categories Rules Regulations Policies Incentive Programs , Incentive with Contacts , Incentive with Authorities
Modification date
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15:03:42, 12 February 2015  +
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