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Texas-New Mexico Power is a corporation that is wholly owned by TXNM Energy. It is a regulated electric utility operating in Texas. TNMP was sold in a leveraged buyout in 2000. [2] TXNM acquired Texas—New Mexico Power in 2005 and moved the New Mexico properties to TXNM in 2006. [3] TNMP is headquartered in Lewisville, Texas.
Corporations that generate income from activities or sources in New Mexico and that are required to file federal income tax returns as corporations must pay corporate income tax to the state. [13] Corporate income is taxed at the rate of 4.8% for the first $500,000, 6.4% for the next $500,000 (up to total income of $1 million), and 7.6% for ...
Oct. 21—New Mexico Gas Co. issued incorrect information about natural gas usage in some recent billing inserts sent to customers, the utility announced Monday. A news release said the inaccurate ...
With the earnings of that sale, the Allsup family relocated to Clovis, New Mexico, and began the Allsup's convenience store chain. Allsup's is known for being the first company to introduce self-serve gas pumps. [2] It is ranked as New Mexico's #1 privately owned corporation, [3] and is the largest convenience store chain in the state. [4]
Apr. 1—Business customers served by New Mexico Gas Co. could see increased gas prices later this year if state regulators approve a settlement in an ongoing rate case. The proposed settlement ...
Mar. 5—New Mexico Gas Co. has agreed to a settlement in its latest rate case that would lead to smaller increases in monthly bills than the company had proposed and changes in the way it ...
New Mexico [a] is a state in the ... entitled Po'pay, ... New Mexico's oil and gas operations contribute to the state's above-average release of the greenhouse gas ...
Oil and gas companies could be paid billions of dollars via federal and state subsidies to drill and produce fossil fuels in the Permian Basin, both in Texas and New Mexico.. The basin generates ...