Latest News of PNM
PNM: Modernization, energy transition at heart of rate hike request
Public Service Company of New Mexico is seeking a major rate increase to fund decarbonization efforts, including battery storage and solar projects. The proposal aims to transition from coal to renewa...
Can PNM Resources, Inc. (NYSE:PNM) Improve Its Returns?
Return on Equity (ROE) is a key metric to measure a company's profitability in relation to its equity capital. By assessing how effectively a company can generate returns on shareholder investments, i...
PNM seeks to increase rates in 2025 and 2026
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 t...
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PNM seeks another rate increase as prior case remains under appeal
By Yahoo! Finance | 3 months agoPNM is seeking approval for a rate increase to generate $174.3 million to upgrade equipment and ensure a reliable power system. The proposal may raise residential bills by over 26%, aiming to enhance ...