New Mexico
New Mexico Public Regulation Commission
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State Intelligence
Updated May 26, 2026Utility Landscape
Public Service Company of New Mexico (PNM)
IOUCentral and northern New Mexico, including Albuquerque and Santa Fe metro areas
PNM's pending merger with AVANGRID remained a focal point of NMPRC scrutiny before being abandoned; the utility is now focused on its post-coal transition resource strategy and has filed for approval of new renewable procurement following the Palo Verde and Four Corners coal exits. Rate cases have reflected significant capital recovery requests tied to grid hardening and renewable integration.
El Paso Electric (EPE)
IOUSouthern New Mexico including Las Cruces and the Doña Ana County region, with service extending into west Texas
EPE has pursued rate increases to recover costs associated with new generation capacity and transmission upgrades; the NMPRC has scrutinized fuel cost pass-through mechanisms and demand-side management program performance in recent proceedings.
New Mexico Gas Company (NMGC)
IOUStatewide natural gas distribution serving approximately 530,000 customers across urban and rural New Mexico
NMGC has sought infrastructure cost recovery through its Infrastructure Modernization Program rider; the commission has been attentive to low-income affordability provisions and weatherization program adequacy following extreme weather events.
Southwestern Public Service Company (SPS, an Xcel Energy subsidiary)
IOUEastern New Mexico including Clovis, Roswell, and Lea County oil and gas region
SPS has active proceedings at both the NMPRC and PUCT related to Texas-New Mexico cost allocation for new transmission; the utility faces pressure to accelerate wind and solar integration in a territory with high renewable resource potential.
Continental Divide Electric Cooperative (CDEC)
coopWest-central New Mexico including McKinley, Cibola, and Catron counties
CDEC operates as a distribution cooperative purchasing wholesale power from Tri-State G&T; it has pursued broadband deployment initiatives under federal USDA ReConnect funding and faces ongoing challenges with load growth tied to tribal community service expansion.
City of Farmington Electric Utility System
muniFarmington and portions of San Juan County in northwestern New Mexico
Farmington has navigated a significant transition away from coal generation following the closure of the San Juan Generating Station; the municipality is pursuing its own renewable replacement portfolio and has engaged with NMPRC on interconnection and wheeling issues.
Key Issues
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PNM post-coal resource procurement: Following coal plant retirements under the Energy Transition Act (ETA), PNM's integrated resource plan and associated renewable energy procurement cases are before the NMPRC, with contested issues around cost recovery securitization bond performance and adequacy of replacement capacity.
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Renewable portfolio standard compliance and ETA implementation: New Mexico's 80% by 2040 RPS requirement continues to drive utility filings; the NMPRC is actively reviewing whether utility resource plans demonstrate credible pathways to compliance, including battery storage procurement and transmission buildout sufficiency.
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Rate design and low-income affordability: All major IOUs face commission pressure to expand low-income rate assistance programs; legislative mandates and NMPRC orders have directed utilities to increase LIRAP funding and expand eligibility, creating cost recovery disputes in pending and anticipated rate cases.
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Grid modernization and advanced metering infrastructure (AMI): PNM and NMGC have pending or recently decided AMI deployment proposals; cost-benefit disputes center on cybersecurity requirements, customer data privacy protections, and opt-out provisions under NMPRC rules.
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Distributed generation and net metering successor tariff: The NMPRC is engaged in ongoing rulemaking to revise the Value of Solar tariff and net metering compensation structure for behind-the-meter solar customers, with solar industry stakeholders and utilities sharply divided on export compensation rates and standby charges.
Upcoming
Estimated deadline for PNM to file updated integrated resource plan or supplement addressing NMPRC data requests from 2025 IRP review proceeding; exact date subject to commission scheduling order.
Estimated commencement of evidentiary hearings in SPS New Mexico rate case (anticipated filing based on prior rate case cycle); proceedings expected to address transmission cost allocation, renewable integration capital recovery, and depreciation schedules.
Estimated NMPRC decision deadline on net metering and Value of Solar successor tariff rulemaking (Case No. 19-00296-UT or successor docket); commissioners have signaled intent to issue final rule by end of Q3 2026.
Estimated NMPRC open meeting and order expected on NMGC Infrastructure Modernization Program annual rider adjustment filing, addressing prudency review of pipeline replacement expenditures and prospective capital budget approval.
Commissioner Watch
View all ↗Gov. Michelle Lujan Grisham appointed former state Senator Greg Nibert, a lawyer and economist, to the New Mexico Public Regulation Commission for a six-year term beginning January 1, 2025.
Staff
81| Name | Title | Phone |
|---|---|---|
| Cholla Khoury | Chief of Staff | (888) 427-5772 |
| Patrick Rodriguez | Public Information Officer | (505) 490-7910 |
| Elizabeth Acosta | Public Utilities Economist | (505) 637-1636 |
| Judith Amer | Associate General Counsel | (505) 629-2102 |
| Gabriela Aragon | Financial Specialist II | (505) 469-9680 |
| David Black | Attorney | (505) 551-2388 |
| John Bogatko | Attorney | (505) 500-6264 |
| Brad Borman | Legal Divison Director | (505) 412-3502 |
| Peterson Brossy | Public Utilities Economist | (505) 623-1141 |
| Scott Cameron | Chief General Counsel | (505) 231-1320 |
| Tyler Crespin | Public Utilities Economist | (505) 670-7159 |
| Gabriella Dasheno | Accounting Bureau Chief | (505) 470-2201 |
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