New Mexico AG, others support proposed wind farms | KOB 4
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New Mexico AG, others support proposed wind farms

New Mexico AG, others support proposed wind farms Photo: Xcel Energy

The Associated Press
December 11, 2017 03:42 PM

ALBUQUERQUE, N.M. (AP) - New Mexico Attorney General Hector Balderas, consumer advocates and others have reached a settlement with Xcel Energy over the utility's plans to add more wind power for customers in New Mexico and parts of Texas.

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The proposed agreement was filed Monday with New Mexico utility regulators for approval. The Public Utility Commission of Texas also would have to sign off.

"The main benefit in adding the new wind capacity is cost savings," said Wes Reeves, a spokesperson for Xcel Energy. "Decreasing capital costs combined with federal tax credits would enable Xcel Energy to bring on a generating resource that will cost less than the company’s coal-fueled electricity generation."

The Sagamore Wind Project is planned for Roosevelt County. It would be the largest wind farm in New Mexico, providing more than 520 megawatts of power. The other - with a capacity of nearly 480 megawatts - would be located in Hale County, Texas.

The attorney general's office, the staff of the New Mexico Public Regulation Commission and others are seeking certain assurances that the wind farms would benefit customers.

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The Associated Press

Copyright 2017 The Associated Press. All rights reserved.

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