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PUBLIC POWER FOR NEW MEXICO

An Economic Engine to Power the Future and Benefit New Mexicans

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"A big corporation cannot possibly know what the local community needs. And with profit as the aim, those needs are the first to be sacrificed" - Roxanne Swentzel, Indigenous Artist and Activist

UNDERSTANDING
LOCAL CHOICE ENERGY, A SIMPLE LEGISLATIVE CHANGE GIVE NEW MEXICANS A CHOICE TO BUY THE ENERGY WE WANT

GAINING MOMENTUM

BENEFITS OF PUBLIC POWER

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PROSPERITY

Investor Owned Utilities export profits to Wall Street. Public ownership allows those profits to stay in the community, providing jobs, supporting local governments and reducing rates.

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INNOVATION

Public Power entities drive innovation. Lower rates, efficiency, maximizing customer service  and safety initiatives- all of these are antithetical to the profit incentive that drives IOU's.

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AFFORDABILITY

On average public power customers pay 11% less than the customers of investor owned utilities. Community owned utilities waste less on executive compensation and dividends.

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RELIABILITY

Customers of a public power utility are likely to be without power for less time - 62 minutes a year, compared to 150 minutes a year for customers of private utilities.

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SUSTAINABILITY

Publicly owned power allows local values to inform utility decisions. Reliability, affordability and a rapid transition to 100% renewable energy can take priority over shareholder profits.

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Realizing the Potential of New Mexico's Wind and Sun

One in seven Americans are served by a public power utility. Community owned utilities offer lower rates, greater reliability, and the promise of economic stability. Learn more >>

PUBLIC POWER NEWS

  • Feb 21, 2022

By Controlling Transmission, Utilities Corner the Electricity Market

This illuminating article explains how utilities use their control of transmissions lines to raise prices and control the energy market. "FERC has recognized that by controlling transmission, utilities can exclude competitors and overcharge customers. To counteract these anti-competitive behaviors, the Commission has tried to encourage competition and weaken the market power of massive, investor-owned utility companies. In 2011, FERC eliminated the “right of first refusal”: i

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