Bill > SB84

This bill, the Community Solar Act, establishes a community solar program in New Mexico. Key provisions include: - Defining key terms like "community solar facility," "subscriber," and "subscriber organization." - Setting requirements for community solar facilities, such as a maximum size of 5 megawatts, at least 10 subscribers, and reserving 40% of capacity for small subscriptions. - Allowing community solar facilities to be owned or operated by subscriber organizations, which can include utilities, municipalities, tribes, and other entities. - Requiring qualifying utilities to acquire the entire output of community solar facilities connected to their distribution systems and provide bill credits to subscribers. - Directing the Public Regulation Commission to adopt rules to implement the community solar program, including establishing capacity caps, requirements for low-income participation, and consumer protections. - Allowing rural electric cooperatives to opt-in to the community solar program. - Clarifying the ownership of renewable energy certificates associated with community solar facilities, with the exception of native community solar projects.

Agriculture and Natural Resources, Budget and Finance, Government Affairs

https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=84&year=21