New Mexico Administrative Code
Title 17 - PUBLIC UTILITIES AND UTILITY SERVICES
Chapter 7 - ENERGY CONSERVATION
Part 430 - COSTS OF RESIDENTIAL ENERGY CONSERVATION PROGRAMS FOR COVERED UTILITIES
Section 17.7.430.9 - TREATMENT OF PROGRAM COSTS
Universal Citation: 17 NM Admin Code 17.7.430.9
Current through Register Vol. 35, No. 18, September 24, 2024
The following program elements are to be treated as a current operating expense:
A. Administrative and general expenses, including those associated with program audits, list distribution, customer billing services, and "arranging". These administrative costs may include any costs the utility incurs if it conducts random post-installation inspections required by 10 CFR Section 456.313(b) and conciliation conferences required by 10 CFR Section 456.315(a);
B. Project Manager requirements, including:
(1) program audits;
(2) arranging for a lender to make a loan to
an eligible customer to finance the purchase and installation costs of energy
conservation and renewable resource measures, including the costs of arranging
repayment of the principal and interest of a loan as part of the periodic bill;
and
(3) arranging to have the
program measures installed.
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