ALBUQUERQUE, N.M. (AP) — New Mexico’s largest electrical supplier is asking the state Supreme Court docket to overturn a call by regulators and let the utility proceed with a plan to switch its shares in a coal-fired energy plant to a Navajo vitality firm.
A submitting Friday by Public Service Co. of New Mexico urged that the Public Regulation Fee acted “arbitrarily, capriciously and opposite to legislation” and misinterpreted a 2019 legislation that encourages PNM to exchange coal-fired vegetation with renewable types of vitality, the Santa Fe New Mexican reported.
The fee in December rejected PNM’s proposal, saying the corporate didn’t clarify how it could substitute the misplaced energy now supplied by the 4 Corners Energy Plant. Commissioners additionally voiced issues about investments that the utility sought to get well by bonds that might be paid again by clients.
The 40-page submitting Friday was a part of PNM’s enchantment to the state excessive courtroom.
The utility has argued that the plan would defend clients, trim emissions from its portfolio and strengthen the Navajo Nation’s place in figuring out the way forward for plant, which is situated on tribal land between Shiprock and Farmington in northwestern New Mexico.
Arizona Public Service Co. is the plant’s majority proprietor.