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New Mexico Net-Metering Rules

Date Last Updated6/9/2014
Policy TypeNet-Metering Policy
Policy Administrator/Contact OfficeNew Mexico Public Regulation Commission (PRC)
Policy Initiation Date7/29/2008
Policy SummaryThe New Mexico net-metering rule is available to all "qualifying facilities" (QFs), as defined by the federal Public Utility Regulatory Policies Act of 1978 (PURPA), including CHP. The ruling allows electric utility customers to net-meter on systems with a peak capacity of up to 80 MW. Net-metered customers are credited or paid for any monthly net excess generation (NEG) at the utility's avoided-cost rate. If a customer has NEG less than $50 during a monthly billing period, the excess is carried over to the customer's next monthly bill. If NEG exceeds $50 during a monthly billing period, the utility will pay the customer the following month for the excess. Utilities own the renewable-energy credits associated with the generation of electricity by net-metered systems.
CHP Eligibility RequirementsBoth fossil-fueled and renewably-fueled CHP systems that are QFs under PURPA are eligible for net-metering.
Eligible Project Size (MW)Systems up to 80 MW are eligible to net-meter.
Minimum Efficiency Required/
Other Performance Requirements
Does Not Specify
Resource Website(s) exit EPA

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