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New Mexico Gas Company rate request approved — new rates will take effect in October

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New Mexico Gas Company rate request approved — new rates will take effect in October


ALBUQUERQUE — The New Mexico Gas Company has received permission to change customer rates this fall. The increase in rates, which takes effect Oct. 1, was unanimously approved Thursday by the New Mexico Public Regulation Commission.

The average monthly residential bill will increase 7.1%. The residential customer fixed monthly access fee will remain unchanged at $12.40. For a residential customer who participates in our budget billing program and uses an average of 53 therms of gas per month, this would mean an increase of about $4.20 per month. Customers can check their usage and determine estimated bill impacts by going to nmgco.com/en/new_rates.

The company submitted its original rate request in September 2023. All the parties to the regulatory process reached an uncontested settlement agreement in March 2024, which provided for a revenue increase of $30 million, compared to the company’s original request of about $49 million. The authorized return on equity and capital structure used to help set rates were unchanged from the company’s previous rate increase.

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“We appreciate the work by all parties to engage in positive discussions and reach a resolution that ensures the company can continue to safely provide reliable natural gas service to our customers,” said NMGC President Ryan Shell.

The new rates will help pay for increasing costs the company is experiencing from expanding federal and state regulatory requirements throughout the industry, while also supporting improvements to gas delivery infrastructure and replacement of the company’s customer billing and information system.

New Mexico Gas Company offers payment assistance programs for customers, a budget billing program and energy efficiency programs.



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New Mexico

Woman arrested, accused of throwing knife and harassing neighbors

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Woman arrested, accused of throwing knife and harassing neighbors


ALBUQUERQUE, N.M. – Southwest Albuquerque neighbors claim a woman targeted them for at least a year, throwing items into their yard, and leading one family to spend more than $1,000 on security.

Neighbors said they kept contacting Albuquerque police, the city and the state after the most recent encounter left a father with a cut on his face. They said Sunday’s arrest helped some, but they still do not feel safe.

Richard and Lindsey Boldin said they have dealt with harassment from Andrea Padilla-Garcia for at least a year. They said she has thrown broken glass, frozen food, a MacBook, metal poles and wood over their fence and dumped nail polish on it.

They said the incident with the glass resulted in a cut to Richard’s face.

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“She can’t come back to where she lives. I won’t feel safe. There’s no way,” Lindsey Boldin said.

The Boldins said they spent more than a thousand dollars on security cameras, motion-sensor lights and other steps to protect their property. They also blocked the view into their yard, but said they still do not feel safe.

“It hurts the whole family. We’ve got to watch animals going outside. We have to watch when we go outside. You know, when can we go outside?” Richard Boldin said. “She kept coming to the fence and attacking the fence and shaking it and yelling at the fence at the children, you know, giving them inappropriate, you know, telling them inappropriate things.”

Neighbor Lawrence Lovato said he has lived in the neighborhood for about a year and what he has seen stands out from anything he has experienced before. He said he has called police multiple times.

“Never in my life have I have I seen something as horrible that I’ve seen here,” Lawrence Lovato said.

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Lovato said he worries about his own safety and his daughter’s safety. Neighbors said they plan to keep looking out for one another and hope the latest arrest leads to help for Padilla-Garcia. She remains in jail and faced charges of battery and aggravated assault.



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Retirement reality check: Is it too late to start saving?

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Retirement reality check: Is it too late to start saving?


ALBUQUERQUE, N.M. – Americans now say they need $1.46 million to retire comfortably, up $200,000 from last year, according to a study discussed by Oakmont Advisory Group.

David Hicks of Oakmont Advisory Group said the number can feel overwhelming, but he said people should focus on starting and adjusting a plan instead of panicking.

“The average retiree actually has less than $300,000 saved for retirement, so that’s about a $1 million gap there,” Hicks said.

Hicks said the $1.46 million figure reflects what people think they need, but he said retirement planning depends on each person’s savings, income and timeline.

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He said longer life spans now mean many people need to plan for 20, 25 or even 30 years in retirement.

“When you start saving when you’re younger, it makes a lot of difference in the future,” Hicks said.

Hicks said 57% of people do not start saving until after age 30, and he said about a third do not start until their 40s.

Hicks pointed to Fidelity benchmarks that suggest workers should aim to save one times their salary in their 30s, three times in their 40s, six times in their 50s and 10 times by retirement.

“Don’t wait another year. Don’t wait another month. Just start that process of saving,” Hicks said.

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Hicks also said the study found people who work with a financial adviser improve their chances of retirement success by about 50% and report more confidence about their plans.



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Stables at Tamaya kick-off annual rodeo season featuring rescue horses

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Stables at Tamaya kick-off annual rodeo season featuring rescue horses


NEW MEXICO (KRQE) – A New Mexico rodeo tradition is changing lives one horse at a time. For years, the Stables at Tamaya have kept old western traditions alive at Santa Ana Pueblo, and they’re also giving dozens of rescue horses a second chance at life.

Every Thursday night under the stable lights at Tamaya, folks from all over gather for a one-of-a-kind rodeo.

Head Wrangler at the Stables at Tamaya, Dominic Duran says, “Our rodeos are so special because they really show the growth of all of our horses out here.”

From team roping to barrel racing and steer stopping the stunts are all performed by none other than rescue horses. “The main thing to know is it’s not a regular rodeo. It’s not about the competition. It’s about the growth of the horses,” explained founder and owner of Tamaya Horse Rehab Connie Collis.

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Collis founded Tamaya Horse Rehab 14 years ago, saving horses from across the state and country, providing them with much-needed TLC to get them back on their hooves.

“These horses are all rescued from various situations. We have a lot of owner surrenders. We have horses that we get through the livestock board, neglect cases, abuse cases, as well as some Mustangs,” explained Duran.

The rodeo started shortly after the horse rehabilitation program was launched to generate funding to pay for everything from the alfalfa they eat, to the costly treatments for the dozens of horses in their care.

“Our goal is to make them the best versions of themselves. And so when we take them in, we want to analyze what we have and our goal is to get them as far as we can,” emphasized head wrangler Duran. “Horses are just like people. They need a job and they start to love what they do, just like we do out here.”

Duran says every horse has a different story and journey, but over the years, they’ve helped hundreds, offering them a full and enriching life through riding and activities like the rodeo.

“It is an amazing journey to get one, especially a skinny one or one that has really bad behavioral problems, and turn it around,” shared Collis.

Collis says the rodeo has grown in size every year and has quickly become a beloved tradition at the stables and across the equestrian community, becoming one of their larger fundraisers throughout the year. And with 126 horses in their care right now, they hope more people will make their way out to the stables this summer.

“Whether you’ve been here one time or 10 times, you should definitely come on out and come love on your favorite horses and see what progress they made over the last couple years,” said Duran.

The Stables at Tamaya will continue to run their rodeo season every Thursday from 7 to 9 through the third week of August.

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