New Mexico needs to keep jobs and create new jobs.
If the New Mexico Public Regulation Commission rejects PNM's request for a Conditional Certificate of Public Convenience and Necessity for San Juan Unit 4, more than 700 New Mexicans will lose their jobs at the generation plant and coal mine. This equates to a loss of $100 million in annual payroll to our state, and take a toll on the service-based businesses that rely on PNM's employees and the company's purchases. Additionally, it's a potential loss of more than $31 million annually in state and local taxes.
The negative consequences of rejecting PNM's request for the Conditional CCN reach far beyond direct job loss in the Farmington region, however. It would also damage our state's efforts to put New Mexicans back to work and negatively affect the future of the Albuquerque metropolitan area.
For the last few years, New Mexico's Governor and Legislature have worked together to pass a series of laws to improve New Mexico's ability to recruit manufacturers and other employers. For example, legislation enacted in 2015 allows utilities to offer an economic development incentive rate to expanding employers, an important tool that other states have used against us to create jobs for their residents. Rejection of PNM's request would render worthless this critical legislation, designed to boost the state economy and get New Mexicans back to work.
In addition to higher commercial electric rates, it is anticipated that PNM's residential electric rates will increase more than double what they would under PNM's plan if the PRC rejects PNM's request. It could unnecessarily raise PNM's costs and could prevent PNM from being able to offer discounted rates, which is critical to economic development and the recruitment of new employers. It also will likely lead to a shutdown of all San Juan generation, which is the backbone of PNM's system and its cheapest source of power. The company will have to replace coal generation with expensive generation sources. This will mean much higher electric bills for Albuquerque businesses and create financial hardship for many residents.
I urge you to protect job creation in Albuquerque and New Mexico and grant PNM's request for a Conditional CCN for San Juan Unit 4.
Supported by:
Albuquerque Economic Development, Inc.
Albuquerque Hispano Chamber of Commerce
Associated Builders and Contractors of New Mexico
Associated General Contractors of New Mexico
Commercial Association of Realtors of New Mexico
Commercial Real Estate Development Association – New Mexico
Economic Forum of Albuquerque
Estancia Valley Economic Development Association
Greater Albuquerque Chamber of Commerce
Home Builders Association of Central New Mexico
NAIOP, the Commercial Real Estate Development Association
New Mexico Association of Commerce and Industry
Realtors Association of New Mexico
Sandoval Economic Alliance
Updates
June 7, 2015
One hundred people have signed on to fight for these jobs. The exhaustion is setting in but knowing others see the urgency of this situation keeps me moving forward.
Reached 250 supporters
June 4, 2015
June 4, 2015
The silence from the commission is heavy even though we all know the potential fallout for our workers. I am exhausted from the constant phone calls and meetings that lead nowhere but we keep pushing because these jobs are the foundation of our community.
Reached 100 supporters
June 4, 2015
June 4, 2015
The path forward has been long and exhausting but we are nearing the threshold of two hundred fifty signatures. Please reach out to someone who understands what these lost jobs would mean for our communities. We need this momentum to force a real conversation with the Commission.
108 Comments
Please provide PNM with a Conditional Certificate of Public Convenience and Necessity for San Juan Unit 4. The impact of not approving this will be devastating to the NM economy. I understand the environmental and other issues but please give PNM and the communities effected time to phase in the changes needed. Thanks.
New Mexico economy continues to struggle in so many ways. I have clients purposely leaving New Mexico to escape the high taxes, poor growth and poor education do not add another reason.
It seems to me the current state is a good example of a private company working to find a solution to a problem. It would be a shame to undercut that solution, not to mention the impact on NM businesses.
As a Bernalillo County Commissioner, I recognize the importance of jobs anywhere in our state. Abundant, available, and affordable energy is the foundation not only for keeping jobs in the Four Corners, but for creating jobs in Bernalillo County and throughout the state.
The air quality in the Four Corners area was recently rated among the best in the nation. The residents of the Four Corners area need these middle class jobs to support their families.
I support PNM's request.
we need to create jobs and revenue -not regulate to reduce them look at the list of supporters
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New Mexico needs to keep jobs and create new jobs.
If the New Mexico Public Regulation Commission rejects PNM's request for a Conditional Certificate of Public Convenience and Necessity for San Juan Unit 4, more than 700 New Mexicans will lose their jobs at the generation plant and coal mine. This equates to a loss of $100 million in annual payroll to our state, and take a toll on the service-based businesses that rely on PNM's employees and the company's purchases. Additionally, it's a potential loss of more than $31 million annually in state and local taxes.
The negative consequences of rejecting PNM's request for the Conditional CCN reach far beyond direct job loss in the Farmington region, however. It would also damage our state's efforts to put New Mexicans back to work and negatively affect the future of the Albuquerque metropolitan area.
For the last few years, New Mexico's Governor and Legislature have worked together to pass a series of laws to improve New Mexico's ability to recruit manufacturers and other employers. For example, legislation enacted in 2015 allows utilities to offer an economic development incentive rate to expanding employers, an important tool that other states have used against us to create jobs for their residents. Rejection of PNM's request would render worthless this critical legislation, designed to boost the state economy and get New Mexicans back to work.
In addition to higher commercial electric rates, it is anticipated that PNM's residential electric rates will increase more than double what they would under PNM's plan if the PRC rejects PNM's request. It could unnecessarily raise PNM's costs and could prevent PNM from being able to offer discounted rates, which is critical to economic development and the recruitment of new employers. It also will likely lead to a shutdown of all San Juan generation, which is the backbone of PNM's system and its cheapest source of power. The company will have to replace coal generation with expensive generation sources. This will mean much higher electric bills for Albuquerque businesses and create financial hardship for many residents.
I urge you to protect job creation in Albuquerque and New Mexico and grant PNM's request for a Conditional CCN for San Juan Unit 4.
Supported by:
Albuquerque Economic Development, Inc.
Albuquerque Hispano Chamber of Commerce
Associated Builders and Contractors of New Mexico
Associated General Contractors of New Mexico
Commercial Association of Realtors of New Mexico
Commercial Real Estate Development Association – New Mexico
Economic Forum of Albuquerque
Estancia Valley Economic Development Association
Greater Albuquerque Chamber of Commerce
Home Builders Association of Central New Mexico
NAIOP, the Commercial Real Estate Development Association
New Mexico Association of Commerce and Industry
Realtors Association of New Mexico
Sandoval Economic Alliance
Updates
June 7, 2015
One hundred people have signed on to fight for these jobs. The exhaustion is setting in but knowing others see the urgency of this situation keeps me moving forward.
Reached 250 supporters
June 4, 2015
June 4, 2015
The silence from the commission is heavy even though we all know the potential fallout for our workers. I am exhausted from the constant phone calls and meetings that lead nowhere but we keep pushing because these jobs are the foundation of our community.
Reached 100 supporters
June 4, 2015
June 4, 2015
The path forward has been long and exhausting but we are nearing the threshold of two hundred fifty signatures. Please reach out to someone who understands what these lost jobs would mean for our communities. We need this momentum to force a real conversation with the Commission.
108 Comments
I believe the PNM's request for a Conditional CCN for San Juan Unit 4 is reasonable and helps preserve jobs in the affected area. I also believe that coal - generated power can be clean and economical, and should have a place in our overall power mix.
Please provide PNM with a Conditional Certificate of Public Convenience and Necessity for San Juan Unit 4. The impact of not approving this will be devastating to the NM economy. I understand the environmental and other issues but please give PNM and the communities effected time to phase in the changes needed. Thanks.
New Mexico economy continues to struggle in so many ways. I have clients purposely leaving New Mexico to escape the high taxes, poor growth and poor education do not add another reason.
It seems to me the current state is a good example of a private company working to find a solution to a problem. It would be a shame to undercut that solution, not to mention the impact on NM businesses.
As a Bernalillo County Commissioner, I recognize the importance of jobs anywhere in our state. Abundant, available, and affordable energy is the foundation not only for keeping jobs in the Four Corners, but for creating jobs in Bernalillo County and throughout the state.
The air quality in the Four Corners area was recently rated among the best in the nation. The residents of the Four Corners area need these middle class jobs to support their families.
I support PNM's request.
we need to create jobs and revenue -not regulate to reduce them look at the list of supporters
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I believe the PNM's request for a Conditional CCN for San Juan Unit 4 is reasonable and helps preserve jobs in the affected area. I also believe that coal - generated power can be clean and economical, and should have a place in our overall power mix.