New Mexico Gas Co. seeks rate hike to recover investments
ALBUQUERQUE, N.M. (AP) — New Mexico's largest natural gas utility is asking state regulators to approve a rate hike that would result in a 1.4 percent increase in the average residential customer's bill. New Mexico Gas Co. filed the request Monday, seeking to generate about $8 million more in annual revenues. The utility is looking to recover $250 million in upgrades and maintenance done since 2012. This is the first time the utility has proposed raising rates in six years. The utility says savings... Читать дальше...