Section 62-17-4 — Definitions.


62-17-4. Definitions.

As used in the Efficient Use of Energy Act:

A.     "commission" means the public regulation commission;

B.     "cost-effective" means that the program being evaluated satisfies the total resource cost test;

C.     "distribution cooperative utility" means a utility with distribution facilities organized as a rural electric cooperative pursuant to Laws 1937, Chapter 100 or the Rural Electric Cooperative Act [ 62-15-1 NMSA 1978] or similarly organized in other states;

D.     "energy efficiency" means measures, including energy conservation measures, or programs that target consumer behavior, equipment or devices to result in a decrease in consumption of electricity and natural gas without reducing the amount or quality of energy services;

E.     "large customer" means a utility customer at a single, contiguous field, location or facility, regardless of the number of meters at that field, location or facility, with electricity consumption greater than seven thousand megawatt-hours per year or natural gas use greater than three hundred sixty thousand decatherms per year;

F.     "load management" means measures or programs that target equipment or devices to result in decrease peak electricity demand or shift demand from peak to off-peak periods;

G.     "public utility" means a public utility that is not also a distribution cooperative utility; and

H.     "total resource cost test" means a standard that is met if, for an investment in energy efficiency or load management, on a life-cycle basis the avoided  supply-side monetary costs are greater than the monetary costs of the demand-side programs borne by both the utility and the participants.