Two resolutions have been filed but only one is now pending. One to DTE Energy repeated a proposal from last year that earned 5.8 percent, asking for an independent analysis about costs for closing the company’s Fermi 2 nuclear plant. But it was filed too late and has been omitted.
The remaining resolution is at PNM Resources. It asks for a report on “the financial impacts to shareholders if purchasing the currently leased assets in the Palo Verde Nuclear Generating Station (“PVNGS”) is disallowed by the New Mexico Supreme Court and the New Mexico Public Regulation Commission.” The key question is whether ratepayers or investors will be on the hook for the nuclear plant decommissioning costs. The proposal is new in 2019, although various other proposals about climate change have gone to votes at the company recently.