N.M. Admin. Code § 18.3.15.8
Current through Register Vol. 35, No. 24, December 23, 2024
Section 18.3.15.8 - FUEL SURCHARGE LINE ITEM CALCULATION A towing service may add to a non-consensual tow invoice a separate fuel surcharge line item that must comply with the following table and formula.
A.formula: the fuel surcharge amount is calculated by multiplying the total allowable mileage charge by the 'multiplier' in the table, below, that corresponds to the applicable 'EIA gas/diesel price range for the Rocky Mountain region'. Example: if the total allowable mileage charge for the non-consensual tow is $100, and that week's EIA fuel price (as identified on the EIA website) is $4.00, then that fuel price falls within the $3.76 - $4.00 price range, which corresponds on the table, below, to a multiplier of .0675; so the fuel surcharge is calculated as $100 (the mileage charge) multiplied by .0675 (or 6.75%), which equals a fuel surcharge amount of $6.75.B.table:EIA Fuel Price Range | Multiplier |
$2.26 - $2.50 | .0375 (or 3.75%) |
$2.51 - $2.75 | .0425 (or 4.25%) |
$2.76 - $3.00 | .0475 (or 4.75%) |
$3.01 - $3.25 | .0525 (or 5.25%) |
$3.26 - $3.50 | .0575 (or 5.75%) |
$3.51 - $3.75 | .0625 (or 6.25%) |
$3.76 - $4.00 | .0675 (or 6.75%) |
$4.01 - $4.25 | .0725 (or 7.25%) |
$4.26 - $4.50 | .0775 (or 7.75%) |
$4.51 - $4.75 | .0825 (or 8.25%) |
$4.76 - $5.00 | .0875 (or 8.75%) |
$5.01 - $5.25 | .0925 (or 9.25%) |
$5.26 - $5.50 | .0975 (or 9.75%) |
$5.51 - $5.75 | .1025 (or 10.25%) |
$5.76 - $6.00 | .1075 (or 10.75%) |
$6.01 - $6.25 | .1125 (or 11.25%) |
$6.26 - $6.50 | .1175 (or 11.75%) |
$6.51 - $6.75 | .1225 (or 12.25%) |
$6.76 - $7.00 | .1275 (or 12.75%) |
$7.01 - $7.25 | .1325 (or 13.25%) |
$7.26 - $7.50 | .1375 (or 13.75%) |
N.M. Admin. Code § 18.3.15.8
18.3.15.8 NMAC - N, 5-15-08; A, 8-15-11, Adopted by New Mexico Register, Volume XXVIII, Issue 05, March 14, 2017, eff. 3/14/2017, Adopted by New Mexico Register, Volume XXXV, Issue 12, June 25, 2024, eff. 7/1/2024