NEW MEXICO’S PUBLIC REGULATION COMMISSION WON’T MAKE A DECISION ON THE RATE HIKE PNM WANTS UNTIL MARCH OF NEXT YEAR … BUT IN THE MEANTIME, YOU GET TO SHARE YOUR THOUGHTS ABOUT THE RATE INCREASE AT PUBLIC HEARINGS BEING HELD THROUGHOUT THE STATE. KOB TV REPORTS MANY PEOPLE UNDERSTAND AN INCREASE WITH COSTS GOING UP … BUT ALSO NOTE THAT THE RATE HIKES AT PNM HAVE BECOME INCREASINGLY REGULAR AND EXTENSIVE OVER RECENT YEARS.
PNM NOW WANTS A 7-AND-A-HALF PERCENT INCREASE. AND NOT JUST RESIDENTIAL CUSTOMERS ARE COMPLAINING. ALBUQUERQUE PUBLIC SCHOOLS SAYS WITH BUDGET CUTS FOR SCHOOLS, SCHOOLS HAVE TO MOVE MONEY OUT OF THE LINE ITEMS PROVIDING DIRECT SUPPORT FOR STUDENTS TO COVER THE UTILITY COSTS.
