The Landlord Standby agreement will take effect no later than five (5) business days after it is approved by PNM.
The landlord owns the rental property or is recognized as the authorized representative for the rental property owner.
Each rental unit is separately metered for electric service.
Each tenant is responsible for a separately metered service for a rental unit.
The landlord desires to have service for each unit in their name when it is not in the tenant's name.
The landlord will be responsible for the service until a new tenant requests service in their name. The landlord can force the new tenant to put service in their name by sending PNM a completed Landlord Force Off of Electric Service form (.pdf). This action allows the landlord to have the service disconnected, while not terminating the agreement.
The landlord cannot have the service disconnected while it is in the tenant's name.
All change requests, including adding or deleting addresses, changing mailing addresses, phone and fax numbers, etc., must be submitted in writing.
The agreement does not apply to those situations in which a tenant is disconnected for non-payment.
For those situations, the tenant can sign an Information Disclosure document (.pdf), which allows PNM to attempt to inform the landlord that the service will be disconnected.
The landlord will not be held responsible for the tenant's bills, however, PNM will charge a connection fee if the service is disconnected due to non-payment and the landlord requests to have the service transferred to their name.
The landlord must give PNM three (3) business days prior written notice.
If services are currently on and in the landlord's name, service will not be disconnected unless the landlord specifies that it should be.
If the property is sold at any time and the new owner places service in their name, the agreement for the previous owner / landlord will not terminate automatically. The previous owner/landlord must provide written notice to terminate the agreement unless the new owner also signs up for Landlord Standby.