December 1999 - Texas-New Mexico Power Company (TNMP), an electric utility serving about 225,000 customers in Texas and New Mexico, announced that it has entered into contracts to purchase about 2 MW of wind power from a project to be developed near Fort Stockton, Texas. The company plans to offer a wind power option to its customers pending rate approval from the Texas Public Utility Commission, which in 1998 established formal rules governing the development of green pricing programs by the state's utilities. TNMP agreed to develop a green pricing tariff in its "transition-to-competition" plan that was approved by the PUC in July 1998.
Under the state's recently enacted electricity restructuring law, TNMP is required to provide about 7 MW of its power supplies from renewables to meet its share of a statewide renewable portfolio standard (RPS). The utility plans to market this power to its customers as a differentiated green power product.
News Release - TNMP Contracts to Offer Customers Renewable Energy Option - No longer online at www.TNPE.com
TNMP Contact: Valerie Smith (817) 737-1360