Navajo Nation President Buu Nygren joined Public Service Co. of New Mexico and San Juan College officials at the PNM Workforce Training Program scholarship reception May 5 at the School of Energy.
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PNM's request for a rate hike is entangled with a case sitting in the state Supreme Court over when and how PNM should lower customer bills after shutting down a coal-fired power station earlier this year.
ALBUQUERQUE, N.M. (AP) New Mexico’s largest electric provider is seeking its first rate hike in years as it looks to recoup $2.6 billion in investments that executives say are needed to modernize the grid and meet state mandates for transitioning away from coal and natural gas.
People who live in Public Service Company of New Mexico’s service territory will see a 9.7 percent increase in the base rate for electricity starting in January 2024, but because the utility will not be paying as much for fuel to generate electricity, officials say the average residential customer’s bill will only increase by an […]