From New Mexico and Texas to Montana and New York, PNM and other investor-owned utilities are facing higher renewable energy standards starting this year as numerous states and the federal government push for a reduction in the use of fossil fuels for generating electricity.
AP reports nearly 30 states, the District of Columbia and two U.S. territories have adopted renewable energy portfolio standards during the past decade, while several others have established goals. New Mexico’s standard increased from 10 percent to 15 percent with the start of the new year, while New York’s new requirement remains one of the highest in the nation at 29 percent, according to a federal database that tracks state incentives for renewable energy and efficiency.
If you’d like to discuss energy issues, contact Court Rich, director of Rose Law Group’s Renewable Energy Department at crich@roselawgroup.com