We put our solar panels on the roof in 2008 and we have been heavily selling to PNM ever since. In fact we make about $700 a year over what we pay them in the hottest months of summer. We are fortunate we got in early because we get a good lifetime rate from PNM. If you were to put solar on your roof now, which is much cheaper than when we installed it, it would be less and this monthly fee would kill the solar industry in New Mexico for residential.
This proposal should be shown an early grave by the PRC in Santa Fe.