New Mexico Archives - Western Interstate Energy Board

New Mexico – Distributed Solar Policy

October 3, 2022

New Mexico – Distributed Solar PolicyCommunity Solar: In 2021, New Mexico legalized community solar facilities and the New Mexico Public Regulation Commission (PRC) developed rules which allow customers of a qualifying utility the option of accessing solar energy produced by a community solar facility (SB89). In 2023, the PRC approved increasing the cap on the state’s community solar program from 200 MW to 300…

New Mexico – Renewable Portfolio Standards (RPS)

June 17, 2022

New Mexico – Renewable Portfolio Standards (RPS)RPS targets: Applies to IOUs and Coops: IOUs: 20% in 2020 40% in 2025 50% in 2030 80% in 2040 Zero carbon in 2045 Coops: 10% in 2020 40% in 2025 50% in 2030 80% in 2040 Zero carbon in 2050

New Mexico – Clean Energy Targets for Electric Sector

June 17, 2022

New Mexico – Clean Energy Targets for Electric SectorClean Energy Targets: IOUs: 50% renewables by 2030 80% renewables by 2040 100% zero carbon electricity in 2045 Coops: Zero carbon in 2050 contingent upon technical feasibility, reliability, and affordability (SB 489,2019)

New Mexico – Greenhouse Gas Reduction Targets Economy-wide

June 17, 2022

New Mexico – Greenhouse Gas Reduction Targets Economy-wideGHG Reduction Targets: GHG reductions from 2005 baseline: 50% by 2023 90% reduction by 2050 Offsets are limited to 10% of 2005 levels and are not allowed before 2030. (HB86, 2022)

New Mexico – Distributed Energy Policy – Net Metering

June 17, 2022

New Mexico – Distributed Energy Policy – Net MeteringNet Metering: Net metering available to all qualifying facilities (QFs) up to 80 MW under PURPA. This includes commercial, industrial, residential, government, and agriculture customers. Applicable to IOUs and Coops. For customers 10 kW or less, utility may credit at the utility’s avoided cost rate or credit the customer kWh supplied to…

New Mexico – Energy Efficiency Policies

June 17, 2022

New Mexico – Energy Efficiency PoliciesEnergy Efficiency Policies Energy Efficiency Resource Standard: In 2008, New Mexico approved the Efficient Use of Energy Act, requiring IOUs to offer customers demand-side programs that achieve savings equal to 5% of 2005 retail sales by 2014 and 8% of 2005 retail sales by 2020 (HB 305). The state updated this requirement in 2019 by calling for a 5%…

New Mexico – Electric Vehicle Policies

June 17, 2022

New Mexico – Electric Vehicle PoliciesEV Policies: New Mexico’s Alternative Fuel Acquisition Act, signed into law in 2002 and amended in 2007, requires that 75% of vehicles bought by state agencies and educational institutions meet or exceed national CAFÉ standards, are hybrid vehicles, can use alternative fuel, or are plug-in electric vehicles (EVs). The state provides grants for state…

New Mexico – Energy Storage Policy

June 17, 2022

New Mexico – Energy Storage PolicyEnergy Storage: In 2017, the New Mexico Public Regulation Commission (PRC) required utilities to include energy storage in their IRP processes. The PRC also revised Rule 17.9.568 to incorporate national best practices for the review of renewable and energy storage projects. In 2023, New Mexico established a statewide energy storage deployment target and set goals for 1,000 MW of new energy storage by…

New Mexico – Distributed Solar Policy

New Mexico – Renewable Portfolio Standards (RPS)

New Mexico – Clean Energy Targets for Electric Sector

New Mexico – Greenhouse Gas Reduction Targets Economy-wide

New Mexico – Distributed Energy Policy – Net Metering

New Mexico – Energy Efficiency Policies

New Mexico – Electric Vehicle Policies

New Mexico – Energy Storage Policy

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