Settlement Would Impose New TDU Charge On Texas Retail Electric Providers

Various parties have filed a settlement concerning rate case expenses at Texas-New Mexico Power, under which a new rider, Rider RCE, would be adopted to recover rate case expenses from retail electric providers

Under the settlement, TNMP would recover the agreed amount of rate case expenses through a new rate case expense rider that will be applied to billings from January 1, 2020 through December 31, 2022, inclusive of the beginning and ending dates; provided, however, that TNMP shall cease collecting rate case expenses before December 31, 2022 if full recovery occurs before that date.

The amounts for Rider RCE - Rate Case Expense Docket No. 48591 would be as follows:

Rider RCE - Rate Case Expense Docket No. 48591
Residential         $0.000160 per kWh
Secondary ≤ 5 kW    $0.000286 per kWh
Secondary > 5 kW
  Non IDR           $0.000138 per kWh
  IDR               $0.000100 per kWh
Primary Service
  Non IDR           $0.000087 per kWh
  IDR               $0.000066 per kWh
Transmission        $0.014322 per 4CP kVA
Lighting            $0.000360 per kWh

Settling parties include Texas-New Mexico Power Company, the Staff of the Public Utility Commission, Cities Served by TNMP, the Alliance of Texas-New Mexico Power Municipalities, and the Office of Public Utility Counsel

Docket 48591