The solar industry in New Mexico received what could be a body blow last week from a short-sighted and divided Public Regulation Commission. Former commissioner Doug Howe said the change essentially will “cut the solar industry in New Mexico in half.”
On a 3-2 vote, commissioners changed the state’s renewable energy rule by altering the value of Renewable Energy Certificates issued for electricity produced from solar and other renewable energy resources. Utilities use those certificates to show they are providing the necessary renewable energy required by the state’s Renewable Portfolio Standard.
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