0001|                       SENATE JOINT MEMORIAL 21
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0002|     43rd legislature - STATE OF NEW MEXICO - first session, 1997
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0003|                            INTRODUCED BY
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0004|                        PAULINE B. EISENSTADT
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0005|     
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0006|                                   
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0007|     
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0008|     
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0009|     
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0010|                           A JOINT MEMORIAL
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0011|     REQUESTING THE NEW MEXICO PUBLIC UTILITY COMMISSION TO
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0012|     ESTABLISH A CONSUMER AND ENVIRONMENTAL INTERESTS MONITORING
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0013|     SECTION.
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0014|     
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0015|          WHEREAS, the electric industry is currently undergoing
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0016|     vast and dramatic changes as it is being restructured from a
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0017|     vertically integrated monopoly system regulated fully by the
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0018|     state into a deregulated industry, subject to the influences of
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0019|     the marketplace and competition; and
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0020|          WHEREAS, although a competitive electric industry can
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0021|     create economic benefits and opportunities through customer
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0022|     choice, the potential for abuses of consumers' interests is
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0023|     also present; and
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0024|          WHEREAS, with a competitive electric industry,
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0025|     environmental impacts due to power generation are lessened, but
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0001|     environmental interests could also suffer with the shift to
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0002|     deregulation;
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0003|          NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATURE OF THE
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0004|     STATE OF NEW MEXICO that the New Mexico public utility
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0005|     commission be requested to establish a consumer and
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0006|     environmental interests monitoring section to oversee and
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0007|     evaluate the impacts and benefits resulting from the
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0008|     restructuring of the electric industry and ensure that negative
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0009|     impacts to consumers or to environmental interests be mitigated
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0010|     and that benefits to consumers and the environment be preserved
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0011|     and enhanced; and
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0012|          BE IT FURTHER RESOLVED that copies of this memorial be
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0013|     transmitted to the New Mexico public utility commission.
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0014|                            - 2 -
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