By SUSAN MONTOYA BRYAN
Associated Press

ALBUQUERQUE, N.M. (AP) - New Mexico regulators are close to deciding whether to approve an application by the state's largest electric provider to abandon its interest in a major coal-fired power plant in 2022. The Public Regulation Commission plans to issue its order April 1. If commissioners approve it, Public Service Co. of New Mexico can recover investments in the San Juan Generating Station by selling bonds that will be paid off by utility customers. PNM also would impose an energy transition charge on monthly bills to cover the debt service payments. Some commissioners say the final order should include protections for customers.

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