New Mexico Administrative Code
Title 17 - PUBLIC UTILITIES AND UTILITY SERVICES
Chapter 3 - UTILITIES FINANCIAL ACCOUNTING AND REPORTING-GENERAL PROVISIONS
Part 510 - UNIFORM SYSTEMS OF ACCOUNTS AND ANNUAL REPORT FORMS FOR
Section 17.3.510.12 - ANNUAL REPORTING

Universal Citation: 17 NM Admin Code 17.3.510.12

Current through Register Vol. 35, No. 18, September 24, 2024

A. Each utility affected by 17.3.510 NMAC shall report to the commission annually for each calendar year not later than April 30 of the following year upon forms provided by the commission. Attached to this report shall be the company's most recently filed SEC form 10K, if applicable, 17.3.510 NMAC Form 1 regarding jurisdictional customer numbers, and the company's most recent load growth forecast, if such is prepared routinely by the company. Each utility shall retain one copy of the report in its files. If additional time beyond April 30 is required by any utility it shall request in writing such additional time as may be needed, and the commission in the exercise of its discretion may grant such additional time as it believes is reasonable and necessary.

B. Each utility affected by 17.3.510 NMAC which has not had a general rate case decided by a final order of the commission after a hearing on the merits of an unstipulated general rate case during the previous four year period prior to the filing of its annual report shall:

(1) for the company's total electric utility operations, and the company's New Mexico jurisdictional electric utility operations file, using actual unadjusted numbers, for both the current year and the figures approved by the commission in the company's last general rate case the following information:
(a) revenues;

(b) earnings;

(c) return on equity (or margin);

(d) amount of debt and average cost of debt;

(e) capital structure;

(f) generation plant-in-service, including for each plant;
(i) installed cost (including capital additions);

(ii) in-service date;

(iii) plant type (steam, combustion turbine, nuclear, etc.); and

(iv) fuel source(s);

(g) transmission and sub-transmission plant-in-service;

(h) distribution plant-in-service;

(i) operation and maintenance expense (with fuel and purchased power, and nuclear and non-nuclear O & M shown separately);

(j) deferred tax reserves;

(k) peak demand; and

(l) net energy sales (kWh);

(2) provide in detail the derivation of each number set forth above from actual measured numbers, including an explanation of the jurisdictional allocations used; and

(3) identify and explain any adjustment, factor or extraordinary item which the company believes would materially affect its return on equity as reflected above or prospectively.

C. Each utility affected by 17.3.510 NMAC shall provide a detailed report annually for each calendar year not later than April 30 of the following year setting forth and listing its compliance or failure to comply with each part of the commission's final order in each of the cases decided that the utility has a requirement of compliance ordered during the preceding five years or since the utility's last general rate case order, whichever period is longer.

D. The staff of the utility division will review the annual reports for compliance and will, in writing, request additional information from the utility if required. Staff will summarize the annual reports and the division director of the utility division will provide a written report to the commission on or before July 1 of the report year.

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