1. October 13, 2010

2. Thanks to today’s sponsors:

3. What is NMUSA? Independent, nonpartisan; Represents gas and electric shareholders of utility companies doing business in New Mexico; Shareholders and ratepayers of utility companies operating in NM.

4. Our Mission: “To champion the best public policy interests of shareholders of gas and electric utility companies operating in New Mexico.”

5. NMUSA adds balance and a positive influence: When lobbying the state legislature; Providing comment at PRC hearings; Supporting or opposing federal energy regulation and policies.

6. Board of Directors

7. 2010 - 2011 Officers: Bill Pope, President William Hagler, Vice President Bob Reed, Secretary Dan Lyon, J. D., Treasurer Dr. Lenton Malry, Past President Directors: Al Adamsko Ed Borchardt Ash Collins, Jr. John Florez

8. Paul Gessing President Rio Grande Foundation

9. The Real Cost of Renewable Energy and Increased Environmental Regulations By Paul Gessing Rio Grande Foundation October 13, 2010

11. The Western Climate Initiative Seems Popular

12. Cost of the Western Climate Initiative to New Mexico According to the Beacon Hill Institute at Suffolk University, compliance with the Western Climate Initiative will cost New Mexico: 4,700 jobs, $1.2 billion in annual personal income, and $219.41 per resident.

14. Rio Grande Foundation PO Box 40336 Albuquerque, NM 87196 505-264-6090 www.riograndefoundation.org

15. Join us – Together we have the power!