PNM Files for 14.4% Rate Hike, But Says Customers Won’t Foot Entire Bill

The Public Service Company of New Mexico (PNM) filed a request with the New Mexico Public Regulation Commission (NMPRC) on August 27 for an increase in electric rates of $123.5 million – or 14.4 percent. Originally submitted in December 2014 as an application for a 12 percent increase, the rate … Read more »