This program will have little or no impact on rates compared to what ratepayers would otherwise pay to support the renewable energy standard, but will greatly diversify the overall program by including distributed solar power.
This program is an historic step forward for New Mexico that will make solar power much more affordable for residents.
I have been working on that for eight years and running it hard for the last two. So, yes, I'm elated.
It will give manufacturers and companies a lot more local experience. They can do a lot more testing. There are a lot of advantages.