BEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION IN THE MATTER OF PUBLIC SERVICE COMPANY OF ) NEW MEXICO’S ABANDONMENT OF SAN JUAN ) Case No. 19-00018-UT GENERATING STATION UNITS 1 AND 4 ) FINAL ORDER ON REQUEST OF PUBLIC SERVICE COMPANY OF NEW MEXICO FOR AUTHORITY TO ABANDON ITS INTERESTS IN SAN JUAN GENERATING STATION UNITS 1 AND 4 AND TO RECOVER NON-SECURITIZED COSTS THIS MATTER comes before the New Mexico Public Regulation Commission (“Commission” or “NMPRC”) on the February 21, 2020 Recommended Decision issued by Hearing Examiners Ashley Schannauer and Anthony Medeiros on Public Service Company of New Mexico’s (PNM) Request for Authority to Abandon Its Interests in San Juan Generating Station Units 1 and 4, included as part of PNM’s July 1, 2019 Consolidated Application for Approvals for the Abandonment, Financing, and Resource Replacement for San Juan Generating Station pursuant to the Energy Transition Act (“Application”). The Commission, having reviewed the Recommended Decision (RD), the Application and being otherwise duly informed, FINDS: 1. The Commission has jurisdiction over the parties and the subject matter of this case. 2. On February 21, 2020, the Hearing Examiners issued an Order Shortening Deadline for Filing Exceptions and Addressing Deadline for Final Commission Action which required exceptions to be filed by March 3, 2020 and responses to exceptions to be filed by March 6, 2020. 3. No exceptions to the Recommended Decision on the Request for Authority to Abandon Its Interests in San Juan Generating Station Units 1 and 4 were filed. 4. The Recommended Decision on the Request for Authority to Abandon Its Interests in San Juan Generating Station Units 1 and 4 1 IT IS THEREFORE ORDERED: A. The Recommended Decision on the Request for Authority to Abandon Its Interests in San Juan Generating Station Units 1 and 4, including the Statement of the Case, Discussion, Findings of Fact and Conclusions of Law, and Decretal Paragraphs recommended by the Hearing Examiner, including the Financing Order, are well taken and are hereby incorporated by reference as if fully set forth in this Final Order, and are ADOPTED, APPROVED, and ACCEPTED as the Findings, Conclusions and Orders of the Commission. B. All pending motions, requests or any other matter not expressly ruled on or addressed in the hearing or in the discussion of this Final Order herein are hereby deemed denied and disposed of consistent with the discussion of this Final Order. C. This Order is effective immediately. D. Copies of this Order shall be served on all persons listed on the attached Certificate of Service, via e-mail to those whose e-mail addresses are known, and otherwise via regular mail. 2 ISSUED under the Seal of the Commission at Santa Fe, New Mexico, this 1st day of April, 2020. NEW MEXICO PUBLIC REGULATION COMMISSION /s/ Cynthia B. Hall, electronically signed CYNTHIA B. HALL, COMMISSIONER DISTRICT 1 /s/ Jefferson Byrd, electronically signed JEFFERSON L. BYRD, COMMISSIONER DISTRICT 2 /s/ Valerie Espinoza, electronically signed VALERIE ESPINOZA, COMMISSIONER DISTRICT 3 /s/ Theresa Becenti-Aguilar, electronically signed THERESA BECENTI-AGUILAR, COMMISSIONER DISTRICT 4 /s/ Stephen Fischmann, electronically signed STEPHEN FISCHMANN, COMMISSIONER DISTRICT 5 3 BEFORE THE NEW MEXICO PUBLIC REGULATION COMMISSION IN THE MATTER OF PUBLIC SERVICE COMPANY OF ) NEW MEXICO’S ABANDONMENT OF SAN JUAN ) Case No. 19-00018-UT GENERATING STATION UNITS 1 AND 4 ) CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order on Request of Public Service Company of New Mexico for Authority to Abandon its Interest in San Juan Generating Station Units 1 and 4 and to Recover Non-Securitized Costs issued by the New Mexico Public Regulation Commission on April 1st, 2020 was sent via email to the parties indicated below: Stacey Goodwin [email protected]; Ryan Jerman [email protected]; Richard Alvidrez [email protected]; Robert Edwards [email protected]; Dan Akenhead [email protected]; Mark Fenton [email protected]; Carey Salaz [email protected]; Steven Schwebke [email protected]; Heather Allen [email protected]; Mariel Nanasi [email protected]; Aaron El Sabrout [email protected]; Joan Drake [email protected]; Lisa Tormoen Hickey [email protected]; Jason Marks [email protected]; Matthew Gerhart [email protected]; Katherine Lagen [email protected]; Ramona Blaber [email protected]; Camilla Feibelman [email protected]; Michel Goggin [email protected]; Nann M. Winter [email protected]; Keith Herrmann [email protected]; Dahl Harris [email protected]; Peter Auh [email protected]; Jody García [email protected]; Andrew Harriger [email protected]; Donald E. Gruenemeyer [email protected]; Joseph A. Herz [email protected]; Steven S. Michel [email protected]; April Elliott [email protected]; Pat O’Connell [email protected]; Douglas J. Howe [email protected]; Bruce C. Throne [email protected]; Rob Witwer [email protected]; Jeffrey Albright [email protected]; Amanda Edwards [email protected]; Michael I. Garcia [email protected]; Greg Sonnenfeld [email protected]; Charles F. Noble [email protected]; Stephanie Dzur [email protected]; Vicky Ortiz [email protected]; Peter J. Gould [email protected]; Kelly Gould [email protected]; Jim Dauphinais [email protected]; Michael Gorman [email protected]; Randy S. Bartell [email protected]; Sharon T. Shaheen [email protected]; John F. McIntyre [email protected]; Marvin T. Griff [email protected]; David Ortiz [email protected]; Jennifer Breakell [email protected]; Lorraine Talley [email protected]; Anna Sommer [email protected]; Chelsea Hotaling [email protected]; Tyler Comings [email protected]; Don Hancock [email protected]; Stephen Curtice [email protected]; Shane Youtz [email protected]; James Montalbano [email protected]; Barry W. Dixon [email protected]; Kyle J. Tisdel [email protected]; Erik Schlenker-Goodrich [email protected]; Thomas Singer [email protected]; Mike Eisenfeld [email protected]; Carol Davis [email protected]; Robyn Jackson [email protected]; Thomas Manning [email protected]; Debra S. Doll [email protected]; Katherine Coleman [email protected]; Thompson & Knight [email protected]; Jane L. Yee [email protected]; Larry Blank, Ph.D. [email protected]; Saif Ismail [email protected]; David Baake [email protected]; Germaine R. Chappelle [email protected]; 19-00018-UT – 19-00195-UT | Official Service List 9/30/19 2 Senator Steve Neville [email protected]; Senator William Sharer [email protected]; Rep. James Strickler [email protected]; Rep. Anthony Allison [email protected]; Rep. Rod Montoya [email protected]; Rep. Paul Bandy [email protected]; Patrick J. Griebel [email protected]; Richard L. C. Virtue [email protected]; Carla R. Najjar [email protected]; Philo Shelton [email protected]; Robert Cummins [email protected]; Kevin Powers [email protected]; Steven Gross [email protected]; Martin R. Hopper [email protected]; Cholla Khoury [email protected]; Gideon Elliot [email protected]; Robert F. Lundin [email protected]; Elaine Heltman [email protected]; Andrea Crane [email protected]; Douglas Gegax [email protected]; Michael C. Smith [email protected]; Bradford Borman [email protected]; John Bogatko [email protected]; Jack Sidler [email protected]; Milo Chavez [email protected]; Marc Tupler [email protected]; Beverly Eschberger [email protected]; Georgette Ramie [email protected]; Dhiraj Solomon [email protected]; Anthony Sisneros [email protected]; Peggy Martinez-Rael [email protected]; Elizabeth Ramirez [email protected]; Gilbert Fuentes [email protected]; Jason Montoya [email protected]; Ashley Schannauer [email protected]; Anthony Medeiros [email protected]; DATED this 1st day of April, 2020. NEW MEXICO PUBLIC REGULATION COMMISSION /s/ Isaac Sullivan-Leshin, electronically signed Isaac Sullivan-Leshin, Paralegal 19-00018-UT – 19-00195-UT | Official Service List 9/30/19 3 .