PNM seeks to increase rates in 2025 and 2026

By Yahoo! Finance | Jun 15, 2024 at 03:22 PM EST

The Public Service Company of New Mexico has proposed a rate increase that could raise residential bills by $23 over two years. The request must go through a regulatory process, aiming for new rates to take effect by July 2025, focusing on infrastructure for renewable energy transition and cost recovery.

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