Stipulated signatories should be heard on PNM rate case

Rate cases can be contentious, and 100 percent satisfaction is not attainable whether you’re on Capitol Hill, at the Roundhouse or the PRC. But once in awhile, parties from various backgrounds and political viewpoints breach traditional barriers and forge a compromise in the interest of a third party; in this case, ratepayers. PRC Commissioners have a golden opportunity to legitimize compromise, cooperation, and collaboration when they vote on PNM’s rate case. By rejecting the “modified” version and voting for the Revised Stipulated Agreement, commissioners can act in the best interest of PNM’s customers and at the same time encourage traditionally adversarial parties to return to the table in future cases. Outside of the very real benefits to ratepayers, commissioners have a chance (and perhaps a responsibility) to nurture a working environment that incentivizes environmentalists and utilities to continue to collaborate and compromise on behalf of ratepayers.