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Article: New Mexico Commission orders $2.9 million rate decrease, no phase-in. (New Mexico Public Service Commission)
- Article from:
- PR Newswire
- Article date:
- April 12, 1990
CopyrightCOPYRIGHT 1990 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW MEXICO COMMISSION ORDERS $2.9 MILLION
RATE DECREASE, NO PHASE-IN
ALBUQUERQUE, N.M., April 12 /PRNewswire/ -- The New Mexico Public Service Commission (NMPSC) today issued its final order in the rate case which determines what the company may earn on its New Mexico jurisdictional electric assets. With its order, the NMPSC basically approved a Hearing Examiner's recommendation which had been issued on March 8, 1990.
The NMPSC approved the Hearing Examiner's recommendation rejecting the phase-in plan for the company's interest in Palo Verde Nuclear Generating Station Units 1 and 2, but did not accept a recommended ...