(PNM, 4.Jan.2024) — The New Mexico Public Regulation Commission (NMPRC) issued an order in the application for a 2024 change in customer base rates by Public Service Company of New Mexico (PNM), a wholly-owned subsidiary of PNM Resources (NYSE: PNM). The order modified the recommended decision in the case and equates to an estimated […]
Tag: NMPRC
NMPRC Approves PNM Distribution Battery Storage Projects
(NMPRC, 26.Dec.2023) — The New Mexico Public Regulation Commission (NMPRC) approved the application from Public Service Company of New Mexico (PNM), wholly-owned subsidiary of PNM Resources (NYSE: PNM), to install 12 megawatts of utility owned distribution-level battery storage to expand the capacity of overloaded feeders at two locations. This innovative solution supports reliability […]