New Mexico
Incentives/Policies for Renewables & Efficiency
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Last DSIRE Review: 08/19/2009
| Incentive Type: |
Net Metering |
| State: |
New Mexico |
| Eligible Renewable/Other Technologies: |
Solar Thermal Electric,
Photovoltaics,
Landfill Gas,
Wind,
Biomass,
Hydroelectric,
Geothermal Electric,
Fuel Cells,
Municipal Solid Waste,
CHP/Cogeneration,
Small Hydroelectric,
Microturbines
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| Applicable Sectors: |
Commercial,
Industrial,
Residential
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| Applicable Utilities: | Investor-owned utilities, electric cooperatives
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| System Capacity Limit: | 80 MW
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| Aggregate Capacity Limit: | No limit specified
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| Net Excess Generation: | Credited to customer's next bill at avoided-cost rate or reconciled monthly at avoided-cost rate
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| REC Ownership: | Utility owns RECs
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| Meter Aggregation: | Not addressed
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Authority 1:
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NMAC 17.9.570
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| Date Enacted: | 7/29/2008 |
| Date Effective: | 7/29/2008 |
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Summary:
In January 2007, the New Mexico Public Regulation Commission (PRC) extended the availability of net metering to systems up to 80 megawatts (MW) in capacity. Net metering is available to all "qualifying facilities" (QFs), as defined by the federal Public Utility Regulatory Policies Act of 1978 (PURPA).* Previously, net metering in New Mexico was limited to systems up to 10 kilowatts (kW) in capacity.
Net-metered customers are credited or paid for any monthly net excess generation (NEG) at the utility's avoided-cost rate. If a customer has net excess generation (NEG) less than $50 during a monthly billing period, the excess is carried over to the customer’s next monthly bill. If NEG exceeds $50 during a monthly billing period, the utility will pay the customer the following month for the excess. Customers do not own the renewable-energy credits (RECs) associated with the generation of electricity by net-metered systems.
All utilities subject to PRC jurisdiction must offer net metering. (Municipal utilities, which are not regulated by the commission, are exempt.) Customers on a time-of-use tariff are permitted to net meter. There is no statewide cap on the aggregate capacity of net-metered systems.
The PRC adopted revised interconnection standards for customer-sited generators in July 2008; separate rules are in effect for systems less than or equal to 10 MW and systems larger than 10 MW. The PRC's interconnection rules also include a simplified interconnection process and application for systems less than or equal to 10 kW, and a fast-track process for systems less than or equal to 2 MW.
* In general, QFs under PURPA include renewable-energy systems and combined heat and power (CHP) systems.
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Please note: The information on the DSIRE web site provides an overview of incentives and other policies, but it should not be used as the only source of information when making purchasing decisions, investment decisions, tax decisions or other binding agreements. Please refer to the individual contact provided in each record to verify that a specific incentive or other policy is applicable to your specific project.
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