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Small PV NMPRC 570

NET METERING OF CUSTOMER-SITED QUALIFYING FACILITIES WITH A DESIGN CAPACITY UP TO AND INCLUDING 10KW (The old 571ers)

Graphical Analysis of interconnection rules by Erik Hawkes; erikhawkes@gmail.com


  • Small 570 Position 1 is shown above.

    • Net is valued at PNM’s avoided cost.

    • Displaced load is valued at retail rate (that would have been paid to PNM).

    • PNM’s REC purchase program pays 13 cents/REC - but includes 3:1 REC multiplier approved by PRC for RPS compliance purposes. 13 cents/REC happens to be 3 times the average national price for RECs. 



      00948


    • Small 570 Position 2.

      • Net is rolled forward indefinitely (not paid until account is closed).

      • 3:1 REC multiplier for RPS compliance has been removed; PNM now anticipated to pay 2/3 less than before (only the average national price; about 4.3 cents/REC).



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