New Mexico Administrative Code
Title 17 - PUBLIC UTILITIES AND UTILITY SERVICES
Chapter 7 - ENERGY CONSERVATION
Part 4 - INTEGRATED RESOURCE PLANS FOR GAS UTILITIES
Section 17.7.4.11 - EVALUATION OF NATURAL GAS RESOURCES
Current through Register Vol. 35, No. 18, September 24, 2024
A. The utility shall evaluate the ability of its natural gas resources to provide adequate redundancy of supply and of delivery systems.
B. The utility shall evaluate, as appropriate, renewable energy, energy efficiency, load management and conventional supply-side resources on a consistent and comparable basis and take into consideration risk and uncertainty of energy supply, price volatility and costs of anticipated environmental regulations in order to identify the most cost-effective portfolio of resources to supply the energy needs of customers. The evaluation shall be based on a present-value analysis of revenue requirements and shall include discussion of any economic, risk, environmental, and reliability analyses.