Xcel delays submitting rate revision

Freedom New Mexico An Xcel Energy spokesman said Wednesday the company has postponed filing its revised rate increase request. Spokesman Wes Reeves said the revised request will be significantly lower than the 6.2 percent increase orginally sought last December. Reeves said the new filing could be presented Friday to the state Public Regulatory Commission.

ENMU regents approve room and board rate increase

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By Clarence Plank: PNT staff writer The Eastern New Mexico University Board of Regents approved a 3-percent increase Tuesday in room and board rates for the next school year. The rate increase was approved on a 3-1 vote, with Student Regent Robert Wachter the lone dissenter. Vice President of Student Affairs Judith Haislett said the [...]

Feb. 8, 1946

A classified ad in the Portales Daily News under the “Lost” section read, “Man’s brown hat at the Methodist Church Tuesday at Plains Co-op meeting. Return to church or creamery. Another ad for Phillip’s Hotel stated the weekly rate as $8 for one person and $10 for two. One day and night stay for up [...]

Retiree mortality rate needs study

By Tom Philpott: PNT columnist Department of Defense actuaries have discovered significantly higher mortality rates among active duty retirees compared to reserve retirees, and the disparity stretches back decades. In any given year, looking at populations of non-disabled military retirees age 60 and older, the death rate for active duty enlisted retirees is 20 to [...]

Area stores find shoplifting at normal rate

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By Clarence Plank: PNT Staff Writer The recession may have shoplifting on the rise nationally, but this holiday season Clovis and Portales appear to be bucking the trend. Local merchants and Clovis Police said they are nabbing fewer folks with sticky fingers these days. The Clovis Police Department reported 32 shoplifting cases from Black Friday [...]

Fed drops key rate for third time this year

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: Freedom New Mexico 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 [...]

New tax system worth considering

Editorial GOP presidential candidate Fred Thompson has proposed an interesting tax reform. It’s not a “flat tax” because it has two rates — 10 percent and 25 percent — but it might simplify the tax code. The idea of a flat-rate tax system — all incomes would be taxed at the same rate and, beyond [...]

Area’s teen birth rate rising

By Sharna Johnson: Freedom New Mexico The number of babies born to Roosevelt County teens in 2006 shot up an alarming 43 percent, according to statistics recently released by the New Mexico Department of Health. At the same time babies born to Curry County young teens dropped 18 percent, statistics show. In Roosevelt County, there [...]

Roosevelt County Electric Coop to hike rates

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By Mickey Winfield: PNT Staff Writer Rising costs for oil and gas as well as wood and steel are forcing Roosevelt County Electric Coop to raise rates for their more than 6,000 customers for the first time in more than 22 years. In a letter mailed to all members earlier this month, the Coop announced [...]