Did pricing for converting to natural gas change
Yes. Revised Rule No. 16 was recently approved by the New Mexico Public Regulation Commission, making it more affordable for potential customers to convert to natural gas. In the revised rule, Revenue and Lot Credits have been enhanced:
Revenue Credits relate to a customer’s annual gas usage. Revenue Credits are determined from an estimate of the customer’s annual therm usage or actual propane usage converted to therms.
Lot Credits have been improved to give customers an upfront credit for any lots passed along the line extension. Lot Credits are figured individually for each line extension request and determined by the number of platted lots, filed and recorded with the County Clerk’s office. Potential customers will not receive Lot Credits for any lots receiving Revenue Credits.