One thing that you learn pretty quickly is that the legislative session starts with a ton of pomp and circumstance with the State of the State, then pretty much… stops. Legislative staff have to print out all the bills that legislators introduce. Analysts have to, well, analyze the bills for their fiscal impact.
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Calculations of new rates from the utility company, filed Thursday with the Public Regulation Commission, show the average monthly residential utility bill will decrease by $6.55, or more than 8%.
A spokesman said calculations on average customer costs under the new order were not available Wednesday. However, he added, the amount PNM can recover from ratepayers will be lower than
The New Mexico Public Regulation Commission approved rates that may lead to lower utility bills for customers of the Public Service Company of New Mexico.