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Last updated 8:55AM ET
September 20, 2018
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PNM document reveals possible pollution strategy (Listen again)
(2011-11-18)
From PNM internal document
(KSFR) -
PNM is New Mexico's largest utility and is in various stages of trying to appeal two decisions that would affect its coal-fired electricity generating plans in the Four Corners area.

One of the decisions is from the EPA, requiring PNM to install pollution reduction equipment that PNM says is too expensive when compared with a recommendation from the state environment department. But because of the time it may take to make its appeals, PNM is beginning to look at ways to pay the expense.

KSFR has obtained a copy of an internal PNM document that explores one way to cover those costs. It would require legislation to, in effect set a bond, to be payable over years. The process would ask the legislature to approve a proposal that would levy on customers a non revocable amount of money for the term of the bond to insure full cost recovery.

For this report, KSFR's Bill Dupuy spoke with Mariel Nanasi of the environmental group New Energy Economy, State Rep. Brian Egolf, and Don Brown of PNM.

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