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Key Votes

HB 305 - Energy Efficiency Requirements for Public Utilities - Key Vote

New Mexico Key Votes

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Energy Efficiency Requirements for Public Utilities

Legislation - Bill Passed (Senate) (22-15) - (Key vote)

Title: Energy Efficiency Requirements for Public Utilities

Vote Smart's Synopsis:

Vote to pass a bill that applies energy efficiency requirements to public utility companies and provides financial incentives to implement cost-effective energy efficiency programs.

Highlights:
- Requires public utilities providing electricity to achieve a savings of at least five percent of total 2005 retail kilowatt-hour sales by 2014, and ten percent by 2020 as a result of energy efficient and load management programs [sec. 6 (G)]. - Requires the Public Regulation Commission to identify barriers for the achievement of energy efficiency and ensure that they are removed in a manner that balances the interests of the public, consumers and investors [sec. 6 (F)]. - Requires the Public Regulation Commission to provide public utilities with an opportunity to earn a profit on cost-effective energy efficiency and load management resource development [sec. 6 (F)]. - Allows public utilities that cannot meet the requirements to appeal to the Public Regulation Commission to have the minimum requirements reduced [sec. 6 (H)]. - Requires utilities to submit a program evaluation prepared by an independent evaluator to the Public Regulation Commission every three years. The evaluations will document the level of energy savings and the cost-effectiveness of the programs [sec 7 (B)].
Legislation - Bill Passed (House) (63-0) -
Legislation - Introduced (House) -

Title: Energy Efficiency Requirements for Public Utilities

Sponsors

  • Ben R. Lujan Sr. (NM - D) (Out Of Office)
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