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Key Votes

SB 418 - Renewable Energy Portfolio Standards - Key Vote

New Mexico Key Votes

Bill Richardson signed this Legislation.

Read statements Bill Richardson made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Renewable Energy Portfolio Standards

Legislation - Bill Passed (Senate) (32-0) -
Legislation - Bill Passed (House) (43-18) - (Key vote)

Title: Renewable Energy Portfolio Standards

Vote Smart's Synopsis:

Vote to pass a bill which states that 15 percent of New Mexico's energy usage will be comprised of renewable energy by January 1, 2015, and 20 percent by January 1, 2020. Furthermore, the public regulation commission will start a system of renewable energy certificates.

Highlights:
- Mandates that a public regulation commission shall establish a system of renewable energy certificates [sec. 2 (A)]. - States that a distribution cooperative may not collect from its customers, through the renewable energy and conservation fee, more than one percent of a single customer's bill or more than $75,000 annually [sec. 3 (A)].
Legislation - Introduced (Senate) -

Title: Renewable Energy Portfolio Standards

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