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The state's largest electric utility is planning to acquire 100 megawatts of solar energy through a power purchase agreement and 310 megawatts of battery storage capacity through three energy storage agreements and one utility-owned facility to help meet customer summer demands in 2026.
The state’s largest electric utility is planning to acquire 100 megawatts of solar energy through a power purchase agreement and 310 megawatts of battery storage capacity through three energy storage agreements and one utility-owned facility to help meet customer summer demands in 2026. But, first it must receive approval from the New Mexico Public Regulation […]
PNM customers recently showed their disapproval of a potential electricity rate increase, with many noting they already struggle to pay their bills.
The New Mexico Public Regulation Commission kicked off its lengthy evidentiary hearing regarding Public Service Company of New Mexico’s proposed rate increase for its customers. The hearing will continue through Sept. 26. During the opening day of the hearing, Henry Monroy, PNM’s vice president of regulatory and corporate controller, answered questions about the proposed rate […]
Western Resource Advocates and Coalition for Clean Affordable Energy say Public Service Company of New Mexico (PNM) will “unlawfully over-charge its customers $125 million during the next two years.” These overcharges will come from what they describe as a delay in issuing bonds associated with the closure of the San Juan Generating Station in October […]