Residents ask questions on proposed rate hike

By Gabriel Monte: CNJ Staff Writer Eric Wuest said he’s resigned that water rates will go up. He said he attended a public meeting put together by New Mexico American Water to learn about what he can do to conserve water for his car wash operation. But Wuest asked New Mexico American Water officials Monday […]

Water company holding meeting on proposed rate increase

CNJ Staff New Mexico American Water officials will hold a community meeting at 6:30 p.m. Monday at the Clovis-Carver Public Library North Annex to discuss a proposed rate increase, according to a company news release. The water company in July filed a rate increase request to the New Mexico Public Regulation Commission. New Mexico American […]

New Mexico American files for rate increase

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Carrie Phipps of Clovis waters a friend’s plants on Tuesday. CNJ staff The average water bill in Clovis could go up about $5 a month as soon as April of next year if the a rate adjustment request from the city’s water provider is approved. New Mexico American Water filed Monday a request to the […]

New Mexico American Water Files Rate Plan for Clovis

lovis, NM (July 1, 2008) –New Mexico American Water has announced that it has filed for a rate adjustment for the Clovis area with the New Mexico Public Regulation Commission (NMPRC).

Xcel Energy proposes rate increase

CNJ staff Xcel Energy is requesting a 5.9 percent base rate increase in Texas to offset increasing infrastructure costs. Xcel filed a proposal of a base rate increase with the Public Utility Commission of Texas and area municipalities served by the company, according to Wes Reeves of Xcel Energy. He said Xcel also included in […]

Unemployment lowest in state in 31 years

The Associated Press ALBUQUERQUE — New Mexico’s jobless rate was 3.1 percent in January, which state labor officials say is the lowest since 1976. The unemployment rate was down from 3.2 percent in December. In January 2007, the state’s jobless rate stood at 3.8 percent. That’s according to the state Department of Workforce Solutions. The […]

Wall Street struggle reaches globally

The Associated Press NEW YORK — An unusual emergency interest rate cut by the Federal Reserve gave Wall Street a partial rebound Tuesday from a precipitious early decline — and perhaps the first steps toward a long-term recovery. The rest of the comeback, for the economy as well as the stock market, may depend on […]

A billion is a lot

Clovis’ Anna Baucom sends along trivia and urges caution “next time you hear a politician use the word ‘billion’ in a casual manner:’” • A billion seconds ago it was 1959. • A billion minutes ago Jesus was alive on Earth. • A billion dollars ago was only eight hours and 20 minutes ago, at […]

Rate cut should spur growth

Staff and wire reports WASHINGTON — The Federal Reserve dropped its most important interest rate to a nearly two-year low on Tuesday and left the door open to additional cuts to prevent a housing and credit meltdown from pushing the economy into a recession. A disappointed Wall Street took a nosedive. Fed Chairman Ben Bernanke […]

Power company trying to correct rate increase information

By Kevin Wilson: CNJ staff writer The New Mexico Public Regulatory Commission has received more than 700 comments about a proposed rate hike for Xcel Energy, a case manager with Xcel said. Most of those comments stem from false information, an Xcel spokesman said. Xcel’s Wes Reeves said the proposed increase, filed in May, is […]