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PNM filed a new proposal on Friday that would increase the average monthly residential bill with 600 kilowatt-hours usage by about $23 over the next two years. The company would institute, for ...
Oct. 8—Understanding utilities and their regulations isn't always the easiest topic. And when the Public Service Company of New Mexico asks to increase average monthly bills by $23 over the next ...
TXNM Energy, Inc. (formerly PNM Resources) is an energy holding company based in Albuquerque, New Mexico. TXNM was founded in 1917 as the Albuquerque Gas and Electric Company. TXNM was founded in 1917 as the Albuquerque Gas and Electric Company.
The current average residential electricity bill totals $88.32. PNM's requested rate hike would raise the average household bill by $11.12 in the first phase and by $12.48 in the second.
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
Net metering refers to the interconnection of a renewable energy system to the power grid. It allows consumers who have their own renewable generation power systems to connect to the power grid with an electric meter that spins both forwards and backwards, depending on whether the consumer is adding energy to the grid or using energy from the grid.
Mar. 18—Public Service Company of New Mexico's most recent request for a rate increase appears to be headed to the state Supreme Court after the electric utility and an advocacy group both ...
The plan proposes slightly cheaper renewable energy charges that PNM customers pay. Currently, PNM's tariff rate is $0.008 per kilowatt-hour. PNM's plan would decrease that to $0.0071 per kilowatt ...