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Renewable Energy Act

Article 16 :: Section 8

62-16-8. Rural electric cooperative; voluntary tariffs.  


A.   The commission may require that a rural electric cooperative: 
(1)   offer its retail customers a voluntary program for purchasing renewable energy under rates and terms that are approved by the commission, but only to the extent that the cooperative's suppliers make renewable energy available under wholesale power contracts; 
(2)   report to the commission the demand for renewable energy pursuant to a voluntary program; and 
(3)   comply with the requirements for the procurement of renewable energy set forth in the Rural Electric Cooperative Act [62-15-1 NMSA 1978]. 

B.   The commission shall establish and amend rules and regulations for the implementation of renewable portfolio standards consistent with the Rural Electric Cooperative Act.

History: Laws 2004, ch. 65, § 8; 2007, ch. 4, § 11.

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