I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
The Public Regulation Commission approved a 9.1 percent rate hike for the Public Service Company of New Mexico Thursday, slightly less than what the utility asked for. PNM would collect an additional $72 million in the first year and $178 million over three years, according to the Alamogordo Daily News.
PNM had asked for a rate hike over 11 percent, which would have collected $85 million in the first year and $216 million over three years. Public Regulation Commissioner Jason Marks introduced the proposal Thursday, and it was approved by a 3-2 vote.
“Clearly we are disappointed that the commission deviated from the $85 million request that was agreed to by several key parties and was deemed justified and reasonable by a hearing examiner and the commission’s general counsel,” said Pat Vincent-Collawn, PNM Resources president and chief executive officer, in a statement.
PNM originally wanted a rate hike of 21.2 percent last summer.
