Nmag v. Nmprc

Summary

The New Mexico Supreme Court affirmed the Public Regulation Commission’s Case 308 Final Order, holding that the Commission’s authority to allow utilities to earn a profit on energy‑efficiency program expenses is consistent with the Efficient Use of Energy Act and the Public Utility Act, that the Commission’s ratemaking method is permissible, that the order is supported by substantial evidence, and that it is neither arbitrary nor capricious.