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2009 Regulatory Perspective

2009 Regulatory Perspective. Jason Marks NM Public Regulation Commission February 6, 2009. LSI Utility Rate Case Issues 2009 – Las Vegas. Outline. A Challenging & Rapidly Evolving Environment Supply Issues Regional Transmission.

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2009 Regulatory Perspective

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  1. 2009 Regulatory Perspective Jason Marks NM Public Regulation Commission February 6, 2009 LSI Utility Rate Case Issues 2009 – Las Vegas

  2. Outline • A Challenging & Rapidly Evolving Environment • Supply Issues • Regional Transmission

  3. Challenging and Evolving Environment – Fuel Price Volatility

  4. Challenging and Evolving Environment: New Investment/Rate Base Increases

  5. Challenging and Evolving Environment:Getting Serious about Climate Change

  6. The Cost of Addressing Carbon

  7. A different choice for new versus existing generation. New pulv coal

  8. Challenging and Evolving Environment:Economic Weakness

  9. New Mexico Confronts Supply Challenges: Energy Efficiency

  10. New Mexico Confronts Supply Challenges: Natural Gas/Renewables

  11. Cost of Service Issues at NM PRC • Rate Case Redux • EPE Electric: June ’07 – June ’07 (S) • PNM Gas: May ’06 – June ’07 (L) • PNM Electric: March ’07 – June ’08 (L) • SPS Electric: July ’07- Aug ’08 (L) • PNM Electric: Sept ’08 – • SPS Electric: Early ’09 (?) – • Numerous complex water cases • Utility Desire to Accelerate Rate “Relief” • Workshop on stipulations/partial stipulations • Utility legislative proposals

  12. Executive Compensation

  13. Addressing Regional Transmission Needs Western Renewable Energy Zones Project: www.westgov.org/wga/initiatives/wrez/comments.htm Comments thru March 2, 2009

  14. WYOMING Dave Johnston LRS Pawnee/ Story COLORADO Limon Midway Comanche Lamar Holcomb NEW MEXICO ARIZONA Gladstone Albuquerque HPX Phoenix Socorro SunZia Tucson 14 Addressing Regional Transmission Needs • NM, CO, WY, UT to sponsor conference: • What laws permit or constrain the ability of state regulators to engage in joint decision making with their counterparts in neighboring states? • What legal principles guide state regulators in reconciling their traditional charge to protect jurisdictional interests with broader public interests at stake in multistate transmission projects and renewable energy development? \

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