N.M. Admin. Code § 17.5.410.14

Current through Register Vol. 36, No. 1, January 14, 2025

Section 17.5.410.14 - FINANCE, SERVICE, CARRYING, PENALTY AND SPECIAL SERVICE CHARGES

A. Unless otherwise approved by the commission a utility shall not assess a finance, service, carrying, or penalty charge to a residential customer for the reason that any utility service balance due and owing upon the bill remains outstanding beyond the period of time established for payment.

B. A utility shall not impose on residential customers a late fee for unpaid amounts due for utility service that is greater than eight percent (8%) on an annual basis.

C. A utility may include charges for special services together with utility charges on the same bill if the charges for special services are designated clearly and separately from utility charges. If partial payment is made the utility shall first credit such payment to any arrearage for utility charges.

D. A charge for connection or reconnection may not exceed the actual cost involved but shall be no less than the minimum allowed in applicable tariffs.

N.M. Admin. Code § 17.5.410.14

17.5.410.14 NMAC - Rp, 17.5.410.14 NMAC, 7-1-11