New Energy Economy News

Read the latest updates on our legal actions, just transition initiatives, Sol for ALL! projects, recent media, and more....
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Jan 1, 2023

Solidarity and a new PRC in 2023

With the naming of a new appointed PRC, reported yesterday, our work will become more challenging, but we will continue to do the job we...

Dec 28, 2022

PNM's 75¢ Bait and Switch Rate Case Filing

In December PNM finally filed a rate case after putting off as long as possible the $300M question - the prudence of its investments at...

Dec 15, 2022

From undue corporate influence to a regenerative economy - We can do it!

The energy crossroads at which we stand is not just about fossil fuels or renewables, but about who controls the process, who owns the...

Nov 23, 2022

Our Pursuit of Justice for Ratepayers Continues

On Monday New Energy Economy asked the NM Supreme Court to reconsider it's decision to grant PNM’s Motion for Stay, a decision that will...

Nov 2, 2022

ETA promises broken - Supreme Court rules for PNM

Yesterday the NM Supreme Court granted PNM's Motion for Stay, allowing PNM to continue charging ratepayers for the operating costs of the...

Sep 28, 2022

The San Juan coal plant closed its doors today! The people's determination yields results.

Today is a day for celebration! Not only did the San Juan coal plant close its doors after 50 years polluting New Mexico air, land and...

Aug 9, 2022

Inflation Reduction Act marks small first step - bottom line: fossil fuel extraction must end

The Inflation Reduction Act, the first ever substantial federal climate change legislation, looks almost certain to pass the House and...

Jul 11, 2022

PNM FAILS TO MEET ANY LEGAL REQUIREMENTS TO AVOID THE PRC'S FINAL ORDER

On June 29th the NMPRC ordered Public Service Company of New Mexico (PNM) to immediately issue a rate credit upon the closure of the San...

Jun 30, 2022

PNM appeals rate credit - what a surprise! Back to the NM Supreme Court we go

Before the ink had dried on the PRC's order that PNM must issue a nearly 10% rate credits to customers upon the closure of the San Juan...

Jun 28, 2022

PNM "SHOCKS THE CONSCIENCE" PRC Orders Ratepayers to Receive 10% Rate Credit upon Plant Closure

SAN JUAN GENERATING STATION UNIT 1 WILL FINALLY SHUT DOWN TOMORROW! Today the PRC ordered PNM to issue a rate credit upon the closure of...

Jun 17, 2022

PRC HEARING EXAMINERS TO PNM:STOP THE PLUNDER

A little after 5pm yesterday PRC Hearing Examiner's issued a recommendation that the PRC reject PNM's plan to continue charging...

May 22, 2022

Moral Hazard

The evidentiary hearing for San Juan Generating Station costs began today. We are cross-examining witnesses about why PNM is not...

May 15, 2022

Double recovery? No.

As reported recently in the SF New Mexican, when PNM decided to delay issuing bonds upon abandonment of San Juan, unjustly collecting...

Apr 5, 2022

PNM scheme to erase cost savings used to justify the ETA bailout will squeeze poorest New Mexicans

"Berenice Reza has no heating or air conditioning in her home: She relies on portable electric heaters during cold weather and fans when...

Mar 24, 2022

Declare a climate emergency

It's been awhile, but not because nothing is happening. To the contrary, New Energy Economy continues fighting the pop-up monsters that...

Mar 1, 2022

PNM Extends the life of coal and announces plan to double collect on plant abandonment

Today the IPCC released its report titled "Impacts, Adaptation and Vulnerability," detailing the accelerating impacts of rising sea...

Feb 16, 2022

Palo Verde replacement power finalized - 100% renewable, but PNM trying to bring back coal & gas

Today the PRC gave final approval for 100% solar and storage replacement power for the Palo Verde nuclear plant. It has been a long hard...

Jun 23, 2020

TOGETHER WE STOOD FOR JUSTICE AND WON! - HEARING EXAMINER RECOMMENDS NO NEW GAS

The Hearing Examiners issued their recommended decision today in the San Juan Replacement Power Case. They sided with New Energy Economy on

Jun 15, 2020

A milestone on the path with you

A milestone. We’ve been working together since before 2008 to close the San Juan Generating Station, one of the oldest and dirtiest coal...