| Climate Measure Worries Co-Op
Aug 1 - McClatchy-Tribune Regional News - Michael Hartranft Albuquerque
Journal, N.M.
A New Mexico electric coop, which says the House approved cap and trade
climate-change bill could nearly double customer bills, delivered 500
letters this week to U.S. Sens. Jeff Bingaman and Rep. Tom Udall seeking
significant changes.
The Continental Divide Electric Cooperative Inc. says the adopted House Bill
2454 could cost its 19,000 customers as much as $54 more a month. A Senate
bill has yet to go to the floor.
The current average residential electric bill is about $62 and the co-op
already has a big delinquency problem, said Mac Juarez, Continental member
services representative. "We have a demographic here that is on the very low
side of household income," he said.
Co-op general manager Richard Shirley called on the senators "to come up
with a more sensible plan."
Continental serves Cibola County and parts of McKinley, Valencia, Bernalillo
and Sandoval counties including Laguna and Acoma pueblos and part of the
Navajo Nation.
Continental has joined a nation co-op campaign called "Our Energy, Our
Future."
Keven Groenewold, executive vice president of the NM Rural Electric
Cooperative Association, which represents 16 co-ops, said his organization
shares Continental's concerns.
Bingaman, D-N.M., in a statement said: "I believe we must pay close
attention to the needs of consumers -- including those who rely on co-ops --
and do everything possible to contain costs."
Udall, D-N.M., in a statement said, "We understand that there are efficiency
credits that can be helpful." The House-approved measure would establish
caps on greenhouse-gas emissions and require regulated entities, such as
power companies, to acquire credits to cover all emissions. A trading system
would allow companies that could inexpensively cut emissions to sell
emissions credits.
(c) 2009,
McClatchy-Tribune Information Services
|