A. A subscription shall be:
(1) sized to supply no more than one hundred percent of the subscriber's average annual electricity consumption; and
(2) transferable and portable within the qualifying utility service territory.
B. The provisions of this section shall not apply to a native community solar project; provided that subscriptions to a native community solar project shall be transferable and portable within the qualifying utility service territory.
History: Laws 2021, ch. 34, § 5.
Effective dates. — Laws 2021, ch. 34 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 18, 2021, 90 days after adjournment of the legislature.
Structure New Mexico Statutes
Chapter 62 - Electric, Gas and Water Utilities
Section 62-16B-1 - Short title.
Section 62-16B-2 - Definitions.
Section 62-16B-3 - Community solar facility requirements.
Section 62-16B-4 - Ownership of community solar facilities.
Section 62-16B-5 - Subscription requirements.
Section 62-16B-6 - Community solar program administration.
Section 62-16B-7 - Public regulation commission; rulemaking.
Section 62-16B-8 - Rural electric distribution cooperatives.