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Vol. 2026 · Bill Detail · Special Edition

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Wednesday, September 2, 2026

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NM · SB308INTRO · 1 COSPONSOR

Utility & Energy Changes

Where it is in the process
Plain-English Summary

This bill allows public utilities to apply for a waiver from renewable energy standards if meeting them would significantly raise residential rates. If granted, the waiver would permit utilities to build or buy carbon-based energy facilities and operate them for their useful life, or purchase out-of-state carbon-based energy. The bill also creates a voluntary program for natural gas producers to certify their gas as "low-emission" and offers a corporate income tax credit for installing technology that reduces greenhouse gas emissions from natural gas production.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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