action postponed indefinitely
Summary
The bill establishes the Energy Affordability and Grid Reliability Council, made up of state officials, consumer advocates, utility experts and representatives from investor‑owned utilities, to look at ways to keep electric and natural‑gas rates affordable while modernizing the grid. It will advise the Public Regulation Commission and lawmakers, and $2 million is set aside for its 2027 operations. The council’s work could affect residential, rural, tribal and small‑business customers across New Mexico.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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