WED: First Lady Visits Albuquerque, US Pauses Oil And Gas Leases, + More kunm.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kunm.org Daily Mail and Mail on Sunday newspapers.
New Mexico Utility Seeks To Recover Spike In Gas Costs -
By Susan Montoya Bryan, Associated Press
New Mexico Gas Co. wants to recover costs associated with dramatic spikes in natural gas prices over the winter.
The utility said Tuesday it has filed an application with the state Public Regulation Commission. The proposal calls for spreading the recovery of the costs through December 2023 in order to minimize the effects on customers monthly bills.
If approved by regulators, the average increase for customers would be about $5.70 per month, or about 10%.
Utility officials say the costs faced in February were unprecedented and the market conditions forced the company to pay higher prices.
First Lady Jill Biden To Visit Albuquerque, Navajo Nation –
Associated Press
First lady Jill Biden plans to visit an Albuquerque health care facility as part of a three-day, two-state visit to the U.S. Southwest this week.
The White House announced that Biden will be accompanied by New Mexico Gov. Michelle Lujan Grisham when she visits the First Choice Community Healthcare clinic in Albuquerque s South Valley on Wednesday afternoon.
Biden also will travel to the Navajo Nation where she will meet Thursday with Navajo President Jonathan Nez and First Lady Phefelia Nez in Window Rock, Arizona, before delivering a radio address.
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ALBUQUERQUE, N.M. New Mexico Gas Co. has filed an application with state regulators to recover costs associated with dramatic spikes in natural gas prices that were prompted by a deep freeze earlier this year, utility officials announced.
The proposal calls for spreading the recovery of the costs through December 2023 in order to minimize the effects on customers’ monthly bills. If the state Public Regulation Commission approves, customers could see their bills increase by an average of about $5.70 per month, or roughly 10%.
Even by spreading out the costs over a longer period of time, utility officials acknowledged that it will be tough for some customers to absorb the astronomical price increases that upended the natural gas market in February.
New Mexico utility seeks to recover spike in gas costs apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.