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Feb. 5, 2009

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Cathy Garber
Telephone: (505) 241-2811

PNM Electric Customers Purchase 1 Million Discounted CFLs

Albuquerque: PNM electric customers have now purchased 1 million compact fluorescent light bulbs under the utility’s CFL rebate program -- saving more than $4 million in energy costs, 33 million kilowatt hours of energy and 48 million pounds of power plant emissions annually.

“Customers have responded to our program in a big way,” said Sue Fullen, vice president of marketing and customer service. “With energy prices rising and pocketbooks strained, customers are looking for ways to save money. With this and our other energy efficiency programs, we’re able to help customers manage their bills while also reducing the impact we have on the environment.”

CFLs use 75 percent less electricity and last up to 10 times longer than traditional incandescent light bulbs. When placed in a frequently used lamp, a CFL can save a customer about $30 in energy costs over a bulb’s lifetime.

CFLs can be purchased for under $1 each with instant, in-store discounts offered by PNM at a number of leading retail stores in New Mexico, including Albertsons, Costco, Home Depot, Lowe’s, Walgreens, Wal-Mart and some locations of Ace and True Value stores, Samon’s and Raks Building Supply.

Customers can find out more about the PNM CFL discount program, get a complete list of stores currently offering CFL discounts and even purchase discounted CFLs online by visiting www.PNM.com/cfl . PNM also offers business lighting rebates and other energy efficiency programs; more information is available at www.PNM.com/rebates.

PNM is a subsidiary of PNM Resources, an energy holding company based in Albuquerque, N.M. PNM provides electric utility service to 495,000 retail customers in New Mexico. The company also sells power on the wholesale market in the West. PNM Resources stock is traded primarily on the NYSE under the symbol PNM. For more information, see the company's Web site at PNM.com.