One of MLG’s PRC commissioners recuses himself from PNM case
Under the newly restructured New Mexico Public Regulation Commission (PRC) that is now appointed by the governor, Democrat Gov. Michelle Lujan Grisham is already hitting a roadblock with one of her picks.
New PRC Commissioner Patrick O’Connell recused himself from merger talks between the global energy company Iberdrola’s subsidiary Avangrid and the Public Service Co. of New Mexico (PNM).
In a Friday filing, O’Connell “cited the reason for his voluntary recusal as previous testimony he gave on behalf of a proposed settlement related to the merger while he worked for an environmental group. O’Connell also had previously served as a resource planner for Public Service Co. of New Mexico,” according to Fox News.
The $8 billion merger is currently pending in the New Mexico Supreme Court after the previous pre-governor-appointed PRC rejected the acquisition.
Now, only the two commissioners left on the PRC will consider the merger, “Gabriel Aguilera, who worked for the Federal Energy Regulatory Commission, and James Ellison Jr., a principal analyst from Sandia National Laboratories,” as the report notes.
It further notes, “Tamer Cetin, economics advisor to the Public Regulation Commission, noted in the report that the merger may create a monopolistic electricity market in New Mexico in which Avangrid could ‘dominate all the segments from generation to transmission, distribution, wholesale and retail.’”
The new Public Regulation Commission would also be in charge of controversial rate hike cases from PNM, which could affect hundreds of thousands of customers statewide.
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