A. A financing order shall be issued as a separate order from any other order issued by the commission on a requested approval in the application proceeding and is a final order of the commission. A party aggrieved by the issuance of a financing order may apply to the commission for a rehearing in accordance with Section 62-10-16 NMSA 1978; provided that such application shall be due no later than ten calendar days after issuance of the financing order. An application for rehearing shall be deemed denied if not acted upon by the commission within ten calendar days after the filing of the application.
B. An aggrieved party may file a notice of appeal with the supreme court in accordance with Section 62-11-1 NMSA 1978; provided that such notice shall be due no later than ten calendar days after denial of an application for rehearing or, if rehearing is not applied for, no later than ten calendar days after issuance of the financing order. The supreme court shall proceed to hear and determine the appeal as expeditiously as practicable.
History: Laws 2019, ch. 65, § 8.
Effective dates. — Laws 2019, ch. 65 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 14, 2019, 90 days after the adjournment of the legislature.
Structure New Mexico Statutes
Chapter 62 - Electric, Gas and Water Utilities
Article 18 - Energy Transition
Section 62-18-1 - Short title.
Section 62-18-2 - Definitions.
Section 62-18-3 - Location of resource development after abandonment.
Section 62-18-4 - Financing order; application contents; pending applications.
Section 62-18-7 - Financing order; irrevocability; amendments.
Section 62-18-8 - Aggrieved parties; request for rehearing; judicial review.
Section 62-18-10 - Qualifying utility duties.
Section 62-18-11 - Commission treatment of energy transition bonds.
Section 62-18-12 - Energy transition property; energy transition revenues.
Section 62-18-15 - Fee assessments.
Section 62-18-17 - Energy transition bonds not public debt.
Section 62-18-18 - Energy transition bonds as legal investments.
Section 62-18-19 - State pledge not to impair.
Section 62-18-20 - Choice of law.