This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.
New Mexico Provision Addressing Present and Future Demands for Electricity in the Premises
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US-OL12022
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FAQ
The 2019 Energy Transition Act sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural electric cooperatives in addition to setting zero-carbon resources standards for investor- owned utilities by 2045 and rural electric cooperatives by 2050.
The National Energy Community Transition Act would establish a new permanent Endowment fund and federally chartered Corporation to support economic development and diversification, capacity building, transition planning, and core public services in communities that have historically relied on fossil fuel energy ...
Moreover, the 2015 Mexican Energy Transition Law enshrined targets of 30% renewable energy generation by 2021 and 35% by 2024 (however, Mexico is currently not on track to meet these). As such, investor interest over the last few years had been high as the Mexican renewable energy market appeared poised for growth.
RETA was created by New Mexico lawmakers to facilitate the development of electric transmission and storage projects. The result is that power can be moved across New Mexico and exported out of New Mexico.
ENERGY TRANSITION ACT AMENDMENTS REINSTATE PRC REVIEW OF ABANDONMENT AND CLEANUP COSTS AND PROTECT RATEPAYERS. In 2019 the New Mexico Legislature passed an energy omnibus bill that combined one of the highest Renewable Portfolio Standards in the country with a financial mechanism known as securitization.
Clean Efficient Electricity and Buildings Senate Bill 84, Community Solar Act: Authorizes subscriber-based community solar projects in New Mexico, making solar energy more accessible, particularly to low income households across the state.
