Texas-New Mexico Power has received interim approval from three Texas ALJs for implementing interim rates that were part of a settlement in TNMP's rate case (see details here) with the interim rates effective January 1, 2019

As first reported by EnergyChoiceMatters.com, the settlement includes a new Rider HCRF - Hurricane Cost Recovery Factor applicable to retail electric providers. Final amounts for Rider HCRF will be established once final approval of the settlement is granted, as the final rates will reflect carrying charges, less excess amounts TNMP has been recovering in current rates due to reductions in federal tax obligation (and the final amounts for such impacts will not be set until the date the new rates take effect). Non-final indicative rates were included in the settlement

However, TNMP has issued a market notice informing REPs of the SAC04 code to be used for billing the HCRF:

SAC04 Code: MSC007

SAC04 Description: Property Damage

SAC15 Description: HURRICANE COST RECOVERY

An additional market notice will be provided when final approval is received.

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Texas   TNMP   Texas-New Mexico Power   Pricing  

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