New Mexico Administrative Code
Title 17 - PUBLIC UTILITIES AND UTILITY SERVICES
Chapter 1 - UTILITIES GENERAL PROVISIONS
Part 330 - UNIFORM TAX ADJUSTMENT CLAUSE IN RATE SCHEDULES
Section 17.1.330.9 - TAX ADJUSTMENT CLAUSE

Any public utility electing to incorporate a tax adjustment clause in any rate schedule shall use the following language. Billings under this schedule may be increased by an amount equal to the sum of the taxes payable under the Gross Receipts and Compensating Tax Act and of all other taxes, fees, or charges (exclusive of ad valorem, state, and federal income taxes) payable by the utility and levied or assessed by any governmental authority on the public utility service rendered, or on the right or privilege of rendering the service, or on any object or event incidental to the rendition of the service.