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New PNM Rates

PNM received permission from state regulators to establish new rates for customers in these areas, starting in July 2009:

  • Bernalillo County
  • Sandoval County
  • Santa Fe County
  • Valencia County
  • Clayton
  • Deming
  • Las Vegas

Rates remain unchanged for customers in other areas served by PNM.

How much

The average PNM residential customer:

  • uses about 600 kilowatt-hours of electricity per month.
  • will pay $5 more per month.

Your amount could be higher or lower depending on how much electricity you use.

When

The increase is being phased in.

  • $2.33* starting July 1, 2009
  • $2.66* in April 2010

*-for average customer usage of 600 kwh

Business customers

Some business customers also will see increases that vary by customer class.

More resources & details

See energy saving rebates available from PNM

Read fact sheet and background on new rates (.pdf)