In a split vote Wednesday, New Mexico utility regulators approved changes to the state’s renewable energy rule, infuriating advocates who say the decision will hurt a blossoming solar industry.
The state Public Regulation Commission altered a rule that commissioners had approved less than a year ago. It dictates how much solar, wind and other renewable energy sources utilities can add to their portfolios without costing customers an exorbitant amount of money. Hidden in the rule’s technicalities are factors affecting how the costs and benefits of renewable energy stack up against nonrenewable, less clean sources of electricity, such as coal and natural gas.
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