N.M. Admin. Code § 17.9.590.11 - RATE FLEXIBILITY
A. The
most recent rate schedule approved by the Commission for a customer class is
the maximum rate a utility is permitted to charge that customer
class.
B. A utility may provide an
economic development rate lower than the rate schedule approved by the
Commission for a customer class. The economic development rate shall be
designed so as to recover at least the incremental cost of providing electric
utility service to that customer. The utility shall file the variable cost of
providing electric utility service to the customer classes for which economic
development rates are being offered. The variable cost of the supplier's
wholesale service for resale to that customer shall be used to determine the
variable cost in circumstances where the utility purchases its
requirements.
C. If the utility
decides to provide economic development rates, it must provide the economic
development rates to all participating customers pursuant to NMSA 1978, Section
62-8-6.
Notes
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