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New Mexico efficiency bill ensures utilities don’t take hit from lower energy use

April 6, 2019

The New Mexico law is another addition to the state’s growing clean energy programming.

This bill in particular is a win-win-win for consumers, environmentalists and utilities, according to Romero. It gives energy companies a higher ceiling to invest in energy efficiency and removes the traditional incentive model they were operating under, which directs utilities to set costs based on how much power they expect to sell, and make more profit if they sell more, so they’re motivated for customers to use more energy.

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