N.M. Stat. § 62-16-7
Commission; powers and duties; voluntary programs.
A. The commission:
(1)
shall adopt rules regarding the renewable portfolio standard, including a
provision for public utility records and reports; and
(2)
may require that a public utility offer its retail customers a voluntary
program for purchasing renewable energy that is in addition to electricity provided by
the public utility pursuant to the renewable portfolio standard, under rates and terms that
are approved by the commission.
B. All renewable energy purchased by a retail customer through an approved
voluntary program shall:
(1)
have all associated renewable energy certificates retired by the retail
customer, or on that customer's behalf, by the public utility, and the certificates shall not
be used to meet the public utility's renewable portfolio standard requirements pursuant
to Subsection A of Section 62-16-4 NMSA 1978;
(2)
be excluded from the total retail sales to New Mexico customers used to
determine the renewable portfolio standard requirements pursuant to Subsection A of
Section 62-16-4 NMSA 1978; and
(3)
not be subject to charges by the public utility to recover costs of complying
with the renewable portfolio standard requirements pursuant to Subsection A of Section
62-16-4 NMSA 1978.