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PNM plans to give $115M in bill credits as part of San Juan Generating Station shutdown but needs approval first

"PNM is going to issue $115 million in bill credits, and what that means to the average residential customer is a bill credit of $9.28 a month," says PNM spokesperson Raymond Sandoval. "That will come directly out of PNM's profits. . . Customers will not pay that."

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