N.M. Atty. Gen. v. N.M. Pub. Regulation Comm'n

Summary

The New Mexico Supreme Court affirmed the Public Regulation Commission’s Case 308 Final Order, holding that the Commission may allow utilities to earn a profit on energy‑efficiency program expenses, that its interpretation of the Efficient Use of Energy Act and Public Utility Act is consistent with the Court’s prior decision in Attorney General v. PRC, and that the order is supported by substantial evidence and is neither arbitrary nor capricious.