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City eyes takeover of RRUC utility to cut taxes and stabilize rates
White testified RRUC would pay almost $2 million in taxes this year with a $1.9 million profit, while city ownership would avoid taxes, lower borrowing costs, and secure subsidies. He argued a utility advisory board would improve service and oversight under city control. RRUC countered that immediate possession isn’t justified and urged court to inspect the utility first. The PUC decision on approval remains unresolved, with RRUC asking for delay.
MENTIONED IN THIS ARTICLE
RRUC
White
Rio Rancho
Spencer Reid
Reid
Hal Donovan
New Mexico
Utility, Commission
Puc
Richard Cole
Marilyn O'Leary
State Utility Commission
Public Utility Act
O'Leary