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  • The Independent

    New Mexico regulators reject utility's effort to recoup some investments in coal and nuclear plants

    by Susan Montoya Bryan Jan 04, 2024 2 minutes
    Source: AP 2006

    Regulators rejected on Wednesday an effort by New Mexico’s largest electric utility to recoup from customers millions of dollars of investments made in a coal-fired power plant in the northwestern corner of the state and a nuclear power plant in neighboring Arizona.

    The Public Regulation Commission's decision means Public Service Co. of customers will not Power Plant near Farmington or in the Palo Verde Generating Station outside of . Commissioners said those investments were not prudent.

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