Deregulate Energy Market to Solve PNM Situation

As many New Mexicans know, the state’s main utility is currently fighting the state’s regulatory agency, the Public Regulation Commission, for a major rate increase. In today’s Alamogordo Daily News, I discuss the potential benefits of deregulating utilities in order to allow customers to determine for themselves where to buy their energy and what price they are willing to pay. Such competition driven by the ability and the need to set reasonable prices would also increase efficiency.

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