The New Mexico Public Regulation Commission or PRC is an independent agency created by the New Mexico Constitution. It is charged with regulating "...electric, natural gas, and water utilities, as well as telecommunications and motor carriers, to ensure fair and reasonable rates, and to assure reasonable and adequate services to the public."[1][2]
History
The PRC historically regulated the insurance industry through its Division of Insurance, appointing an Insurance Superintendent who was a PRC employee with statutory powers. On July 1, 2013, the Insurance Division separated from the Public Regulation Commission and became an independent agency, the Office of the Superintendent of Insurance.[3] The PRC was also once responsible for investigating arsons and training local fire departments through its Office of the State Fire Marshal. That office is now a division of the New Mexico Department of Homeland Security and Emergency Management.[4]
Commissioners
Prior to January 1, 2023, the PRC consisted of five commissioners elected by district for staggered four-year terms.[5][6] Following approval by the voters of a 2020 constitutional amendment however, the PRC became a three member body appointed by the governor with Senateadvice and consent for staggered six-year terms.[7] Thus, the current duly appointed public regulation commissioners along with their technical advisors are as follows:[8]
^ abState of New Mexico (July 2012). Kathryn A. Flynn (ed.). 2012 Centennial Blue Book(PDF). Diana J. Duran. Office of the New Mexico Secretary of State. pp. 233–234. Archived from the original(PDF) on 2015-09-24. Retrieved 2014-11-14.
