New Mexico Renewable Electricity Mandate Status

Download New Mexico’s renewable electricity PDF

new mexico renewable electricity standardsRenewable Mandate Status: Not on Track

  • 2009 Estimated Qualified Renewable Generation: 4.7%[i]
  • 2009 Renewable Mandate: 6%
  • 2020 Renewable Mandate: 20% for IOU’s (or 10% for rural cooperatives)

Eligible Resources: solar, wind, geothermal, hydropower facilities after July 1, 2007, fuel cells not fossil fueled, biomass from agriculture or animal waste[ii]

  • Solar: 20% of RPS (4% of sales)
  • Wind: 20% of RPS (4% of sales)
  • Geothermal, biomass, certain hydro, and other renewable: 10% of RPS (2% of sales)
  • Distributed renewable: 3% of RPS (0.6% of sales)

Compliance schedule:[iii]

[table id=23 /]

Renewable Portfolio History: Original RPS approved by New Mexico’s Public Regulation Commission in December 2002 requiring 5% by 2006 and 10% by 2011. S.B. 43 in March 2004 codified PRC rules. S.B. 418 in March 2007 created separate standard for rural electric cooperatives and doubled the RPS for investor-owned utilities (current RPS).[iv]

Credit Trading: Yes

Noncompliance penalty: None

Electricity Price Ranking: 22nd Lowest[v]

  • 8.37 cents/KWh in New Mexico
  • 10.7 cents/KWh in states with RPS penalties

[i] Electricity Generation Data: Energy Information Administration, Electricity Generation 2009,

[ii] N.M. Admin. C. 17.9.572.7-D (Aug. 7, 2007),

[iii] N.M. Admin. C. 17.9.572.10-B (Aug. 7, 2007),

[iv] Database of state Incentives for Renewables and Efficiency, New Mexico,

[v] EIA, Electric Power Monthly, Table 5.6.B., Average Retail Price of Electricity, June 2010, Released Sept. 15, 2010,

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