Ratepayer Risk

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Opponents Question Need for PNM Coal Plant Repairs

The New Mexican: Nine advocacy groups, led by New Energy Economy, asked the New Mexico Public Regulation Commission to investigate the cause of a March blaze at the coal-fired San Juan Generating Station northwest of Farmington. The petitioners want to prevent Public Service Company of New Mexico from making substantial improvements to Unit 1, the […]

April 18, 2018 Read More →

U.S. Utilities, in Old-School Expansion Spree, Put Customers on the Hook for $40 Billion

Charleston Post and Courier: Over the past decade, state legislatures across the country rewrote rule books for how power companies pay for new power plants, shifting financial risks away from electric companies to you and everyone else. This rule change ignited a bonfire of risky spending — $40 billion so far on new power plants […]

December 11, 2017 Read More →