SB 142 — GRID MODERNIZATION ROADMAP

SENATEAN BILLACT 142RELATING 57THTO LEGISLATURETHE -GRID STATEMODERNIZATION OFROADMAP NEWAND MEXICOGRANT -PROGRAM; FIRST SESSION, 2025 INTRODUCED BY George K.

MuñozREQUIRING andTHE MeredithENERGY, A.MINERALS AND NATURAL RESOURCES DEPARTMENT, IN CONSULTATION WITH THE PUBLIC REGULATION COMMISSION, TO DEVELOP A ROADMAP FOR GRID MODERNIZATION;

DixonADDING ThisSCHOOL documentDISTRICTS mayAND incorporateCHARTER amendmentsSCHOOLS proposedAS byELIGIBLE aLOCATIONS committee,FOR butPROPOSED notPROJECTS; yet adopted, as well as amendments that have been adopted during the current legislative session.

TheAMENDING documentTHE isDEFINITION aOF tool"GRID toMODERNIZATION". show amendments in context and cannot be used for the purpose of adding amendments to legislation.

hBE ANIT ACTENACTED gBY oTHE RELATINGLEGISLATURE TOOF THE GRIDSTATE MODERNIZATIONOF ROADMAPNEW ANDMEXICO: GRANT PROGRAM;

t hr g e i k REQUIRING THE ENERGY, MINERALS AND NATURAL RESOURCES h r i s DEPARTMENT, IN CONSULTATION WITH THE PUBLIC REGULATION h , t, COMMISSION, TO DEVELOP A ROADMAP FOR GRID MODERNIZATION;

ADDING e u g e b l e e h SCHOOL DISTRICTS AND CHARTER SCHOOLS AS ELIGIBLE LOCATIONS FOR n d d i = = o h PROPOSED PROJECTS;

AMENDING THE DEFINITION OF "GRID l ] b ,d i a º e MODERNIZATION" SFCº ;

MAKING APPROPRIATIONS»SFC .

r i = r t e w d m a n o d m :

b e d s º o t n = .229760.1AIC February 25, 2025 (4:06pm) s k m e e a n e d r e l u [ A d BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

SB 142 Page 1 (3) state universities;

h g (5) post-secondary educational institutions;

o t hr and g e i k (6) Indian nations, tribes and pueblos.

h r i s h C.

The department shall adopt rules establishing , t, e u g the application procedure, the required qualifications for e b l e e h projects and the purposes for which the grant may be used.

In n d d i = = o h approving grants, consideration shall be given to:

l ] b ,d i a º e r i = r (1) the extent to which the project improves t e w d m a n o electrical system efficiency, reliability, resilience and dsecurity; m :

b e d s º o t n = .229760.1AIC February 25, 2025 (4:06pm) s k m e - 2 - e a n e d r e l u [ A d security;

SB 142 Page 2 (4) the extent to which the project complements or coordinates with the resource planning of a public utility as required by the Public Utility Act;

[and ] (5) the extent to which the project stimulates h in-state economic development, including the creation of jobs g o t hr and apprenticeships;

and g e i k (6) the speed of deployment of the project.

h r i s D.

Grants shall be awarded on a competitive basis, h , t, and priority shall be given to proposals that use matching e u g e b l e e h funds from non-state sources.

The grant program shall seek to n d d i = = o h fund applicants [in each of the following categories ] from:

l ] b ,d i a º e (1) [an Indian nation, tribe or pueblo ] Indian r i = r t e w d m a n o nations, tribes and pueblos;

d(2) mrural :communities served by rural electric cooperatives;

b(3) e d s º o t n = .229760.1AIC February 25, 2025 (4:06pm) s k m e - 3 - e a n e d r e l u [ A d (2) [a rural community served by a rural electric cooperative] rural communities served by ruralinvestor-owned electricpublic cooperatives;utilities;

(3)(4) [aurban ruralor communitysemi-urban servedmunicipalities byand ancounties; investor- owned public utility] rural communities served by investor- owned public utilities;

(4)(5) [aninstitutions urbanof orhigher semi-urbaneducation; municipality or county;

and] urban or semi-urban municipalities and counties;

(5) [an institution of higher education] institutions of higher education;

Projects receiving a grant from the grid modernization grant program shall be required to [be coordinated] coordinate with the electric service provider that serves the entity in order to ensure that the program does not adversely impact electrical system efficiency, reliability, h resilience and SB 142 Page 3 security.

If no electric service connection g o t hr exists at the location of a proposed project, notice of the g e i k project shall be given to the electric service provider in h r i s whose territory the project is proposed to be located.

h , t, F.

The department shall provide a report on the e u g e b l e e h grid modernization grant program to the legislative finance n d d i = = o h committee prior to each regular legislative session.

The l ] b ,d i a º e report shall include:

r i = r t e w d m a n o (1) a list of grant recipients;

d(2) mthe :amount and date of each grant;

b e d s º o t n = .229760.1AIC February 25, 2025 (4:06pm) s k m e - 4 - e a n e d r e l u [ A d (2) the amount and date of each grant;