2023 RFP for Renewable Energy for New Mexico
El Paso Electric seeks 150,000 MWh/year of renewable energy resources—wind, solar, or other eligible forms—delivered to serve New Mexico retail customers and meet the state's escalating RPS mandate (40% by 2025, 50% by 2030). Short- and long-term PPAs are both welcome; resources must be online by May 1, 2027 and bundled with Renewable Energy Certificates and attributes as defined under the New Mexico Renewable Energy Act.
Important dates
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Submission deadline
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AI overview
El Paso Electric Company (EPE) issues a Request for Proposals (RFP) to obtain short-term and/or long-term renewable energy resources for its New Mexico customers by 2027 (2023 NM RPS RFP). The objective of this RFP is to obtain cost effective and reliable renewable electric resources to comply with the New Mexico Renewable Portfolio Standard (RPS) requirements. The New Mexico Renewable Energy Act (REA) requires EPE to meet 40% of its New Mexico retail energy sales with renewable energy resources beginning in 2025, increasing to 50% in 2030. Only renewable energy that is delivered to EPE and assigned to New Mexico customers is eligible for RPS requirements under the REA. The RFP welcomes all forms of renewable energy resources, particularly those that come bundled with their associate Renewable Energy Certificates and attributes as defined by the REA. As part of New Mexico's RPS, EPE has identified the need for short-term and/or long-term resources that will generate approximately 150,000 megawatt hours per year of additional renewable energy by May 1, 2025, if achievable, but no later than May 1, 2027.
Resources & contact
Proposal Document
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