N.M. Stat. § 62-18-15
Fee assessments.
The energy transition charge stated as a separate line entry on a customer bill sent
by a qualifying utility may be subject to an assessment of a franchise fee imposed by a
municipality, county or other political subdivision of the state, pursuant to a utility
franchise agreement. The imposition, collection and receipt of an energy transition
charge is exempt from inspection and supervision fees assessed pursuant to the Public
Utility Act [Chapter 62, Articles 1 to 6 and 8 to 13 NMSA 1978].