049 The Impact of PNM’s plans on New Mexico

Paul and Dowd sit down with attorney and utility expert Germaine Chappelle. Germaine is working with various stakeholders in the Four Corners area regarding Public Service Company’s plans to shut down the San Juan Generating Station and foist both the “stranded costs” as well as the additional cost of new “renewables” onto the backs of consumers.  This wide-ranging discussion focuses on utilities and how the electrical grid works, how changing market conditions have affected power generation in the Four Corners, and the economic impact all of this will have on both New Mexico’s Four Corners and utility customers as a whole.