Case No. 24-00120-UT, New Mexico Transportation Electrification Plan

This is SPS’s Transportation Electrification Plan (“TEP”), which is designed to give customers, including low-income customers, in the targeted customer classes the opportunity to participate in the programs and obtain the benefits of transportation electrification.  The TEP proposes a total budget of $23.1M for plan years 2025, 2026, and 2027.  It contains three portfolios of transportation electrification plans that target customers in the Residential (including low-income) and Commercial Segments.  SPS’s TEP proposes that the following portfolios and corresponding programs be implemented upon Commission approval:

Residential Portfolio

• Home Charging and Wiring Rebate
• Low-Income Charging and Wiring Rebate
• EV Optimization (Managed Charging)

Commercial Portfolio

• EV Infrastructure
  • Public Fast Charging Rebate
  • Commercial Electric Vehicle Supply Infrastructure
  • Support Existing Company-Owned Fast Charging
• Distribution
  • Line Extensions
  • Proactive Feeder Upgrades

Advisory Services

• Residential Advisory Services
• Fleet and Communities Advisory Services