Lawmakers: New Mexico energy law needs to protect customers

ALBUQUERQUE, N.M. (AP) — Three Democratic state senators who initially supported New Mexico’s landmark energy law say changes are needed to protect utility customers from significant rate hikes. The 2019 Energy Transition Act allows Public Service Co. of New Mexico to recover from customers 100% of the costs of closing its coal-fired power plant. The lawmakers are warning that a deregulation provision in the law could expose customers to potentially astronomical costs stemming from o