N.M. Admin. Code § 17.9.571.13 - ANNUAL RENEWABLE ENERGY PORTFOLIO REPORT

A. By April 30 of each year, a distribution cooperative shall file with the commission a report on its purchases and generation of renewable energy during the preceding calendar year.

B. The report shall include:

(1) an executive summary;

(2) the cost of the renewable energy resources purchased and generated by the distribution cooperative to meet the RPS;

(3) an explanation of steps taken to minimize costs, including competitive procurement and comparison of the price of electricity from renewable energy resources in the bids received by the distribution cooperative to recent prices for such electricity elsewhere in the southwestern United States;

(4) an annual compliance plan for meeting the RPS for the following three years;

(5) all renewable energy generation or REC purchases and sales itemized by source;

(6) where applicable, a reconciliation of any banking of RECs by providing a beginning REC balance, the REC activity affecting the beginning REC balance, and an ending REC balance;

(7) where applicable, the impact of any existing multipliers on the number of available RECs, including any documentation regarding the regulatory approval of such multipliers;

(8) an attestation that, to the best of the distribution cooperative's knowledge, no RECs used for RPS compliance have been double-counted;

(9) a list of all RECs, including acquired, issued, or retired certificates;

(10) information, from WREGIS or its successor, on RECs acquired, sold, retired, transferred, or expired; and the information shall include reports from WREGIS or its successor which allow the commission to determine, by fuel type, the number of RECs in each calendar year:

(a) acquired;

(b) sold;

(c) retired;

(d) transferred; and

(e) expired;

(11) a table with the following data:

(a) total amount of RECs;

(b) total retail sales in megawatt-hours; and

(c) RPS compliance percentage achieved;

(12) the report to the distribution cooperative's membership including a summary of its purchases and generation of renewable energy during the preceding calendar year required by Subsection D of Section 62-15-34 NMSA 1978; and

(13) renewable energy and conservation fee information, pursuant to 17.9.571.16 NMAC, if applicable.

C. A distribution cooperative that is a member of a generation and transmission cooperative may file its annual report as part of a group filing package by the generation and transmission cooperative, provided that the distribution cooperative's filing requirements shall be identified separately from other cooperatives in the group.

D. Staff may request additional information or clarification from a distribution cooperative.

E. A distribution cooperative, or a generation and transmission cooperative filing on behalf of a distribution cooperative, shall serve its annual report on the commissioners, commissioners' advisors, office of general counsel, and staff.

Notes

N.M. Admin. Code § 17.9.571.13

Adopted by New Mexico Register, Volume XXXVI, Issue 12, June 24, 2025, eff. 6/24/2025