The Board of Public Utilities Work Session held on October 1, 2025, focused on the progress and challenges of the interconnection agreement with Public Service Company of New Mexico (PNM) regarding solar energy projects. Officials confirmed that the agreement, established years ago, is ready to proceed, although new market conditions and tariffs may introduce unforeseen risks.
During the meeting, discussions highlighted that the project is currently in the final design phase, with procurement efforts underway. Key components, such as transformers, have already been secured, and much of the necessary transmission infrastructure has been constructed. The timeline for the project has been adjusted, with the new target date for achieving 50% photovoltaic (PV) capacity now set for January 1, 2027, followed by full capacity expected two months later.
Concerns were raised about potential delays and risks associated with tariffs and tax credits, which remain uncertain. Officials acknowledged these risks but emphasized that they would manage them as they arise. The focus remains on minimizing risk exposure to the county while ensuring the project progresses as planned.
Overall, the meeting underscored the importance of the solar energy initiative for the community, while also addressing the complexities involved in its execution. The next steps will involve finalizing design arrangements and continuing procurement efforts to keep the project on track.