New Mexico Administrative Code
Title 17 - PUBLIC UTILITIES AND UTILITY SERVICES
Chapter 5 - UTILITY INTERCONNECTIVITY AND COOPERATIVE AGREEMENTS
Part 410 - RESIDENTIAL CUSTOMER SERVICE BY GAS, ELECTRIC AND RURAL ELECTRIC COOPERATIVE UTILITIES
Section 17.5.410.17 - METHODS TO ESTABLISH ACCEPTABLE CREDIT RATING
Universal Citation: 17 NM Admin Code 17.5.410.17
Current through Register Vol. 35, No. 18, September 24, 2024
A. In determining whether a residential customer who has not previously had utility service with the utility has an acceptable credit rating, a utility shall consider the following:
(1) documentation that the residential
customer owns or is purchasing the residence served;
(2) documentation that the residential
customer has an adequate income;
(3) documentation that the residential
customer has an adequate credit reference from a utility where the residential
customer had prior utility service;
(4) documentation obtained by the utility
from a commercial credit source; or
(5) any other reasonable
documentation.
B. If a prospective residential customer cannot establish an acceptable credit rating but previously received utility service under the name of a spouse, the utility may consider prior utility service to that spouse in determining whether and in what amount a security deposit will be charged.
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