Bill > SB342

This bill, the Community Solar Gardens Act, establishes a framework for community solar gardens in New Mexico. Key provisions include: - Defining community solar gardens as solar electric generation facilities with subscribers who are allocated a share of the electricity generated in proportion to the size of their subscription. - Requiring community solar gardens to have a nameplate rating of 10 megawatts or less, be located within a public utility's service territory, and have at least 10 subscribers. - Allowing community solar gardens to be owned by public utilities, their affiliates, or subscriber organizations, and permitting third-party development and operation. - Requiring public utilities to purchase all electricity and renewable energy credits generated by community solar gardens at a rate equal to the rate set by the Public Regulation Commission. - Directing the Commission to ensure that at least 10% of community solar garden capacity is made available to low-income residential customers or entities serving them. - Requiring the Commission to adopt rules by May 1, 2018 to facilitate the financing and participation of low-income customers in community solar gardens.

Agriculture and Natural Resources, Transportation and Infrastructure

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=342&year=17