Should a student receive double the credit for doing the minimum work required? If not, why should utility companies be allowed to?
On Wednesday, Nov. 20, the Public Regulation Commission adjusted a rule allowing companies to receive double, and even triple the credit of a “Renewable Energy Certificate” for using renewable energy resources such as solar, biomass, and geothermal energy. Instead of a 1:1 ratio of one credit per 1 kilowatt-hour of renewable energy, companies will receive more certificates for using the same amount of renewable energy.
As a native New Mexican, I know personally that the state is full of solar potential — we’re one of the sunniest states in the U.S. This altered rule is very misleading. I strongly urge the PRC to reconsider the amendments and adjustments they have made to this rule. New Mexico needs to take advantage of the renewable energy resources that are readily available.