(Energy Analytics Institute, 15.Nov.2024) — PNM, a wholly-owned subsidiary of TXNM Energy, filed a joint notice with the New Mexico Public Regulation Commission (NMPRC) indicating several parties have reached a Settlement in Principle in PNM’s 2025 Rate Request application.
In order to facilitate the completion of a comprehensive stipulation, parties filed an unopposed joint motion to request a modification to the procedural schedule in the case to vacate the 26 Nov. 2024, testimony deadline, TXNM said 15 Nov. 2024 in an official statement.
The motion requests a scheduling conference during the week of 2 Dec. 2024, to modify the deadlines prior to evidentiary hearings, which are requested to remain scheduled to begin in mid-Feb. 2025.
Parties to the joint notice and motion include the New Mexico Department of Justice, Albuquerque Bernalillo Water Utility Authority, Utility Division Staff, Bernalillo County, NM AREA and Walmart, according to the statement.
Any subsequent stipulation is subject to NMPRC approval, TXNM said.
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