State regulators voted unanimously Wednesday to cancel a planned public hearing next week over a controversial rule that defines and caps the costs of renewable energy to public utilities and their customers.
The New Mexico Public Regulation Commission also voted to launch a whole new rule-making for the so-called reasonable cost threshold, or RTC. Wednesday’s vote allows an RCT rule approved in December, but never published or implemented, to take effect while the PRC conducts a new rule-making.
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