PNM customers continue to pay for San Juan coal plant that’s no longer operating
Nov 7, 2022
In the two months since the San Juan Generating Station shut down in New Mexico, the region’s customers have been paying the same rate for a facility that’s no longer giving them energy.
And they could keep doing so for years after a decision by the New Mexico Supreme Court last week.
The Public Service Company of New Mexico’s San Juan plant near Farmington completely shut down in late September 2022 as part of the state’s Energy Transition Act. PNM officials said originally they would decrease customers’ rates as a result, but after the company changed its mind, the state ordered PNM to issue credits to make up for money people should’ve saved but didn’t.