News Release

June 19, 2012

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NEWS MEDIA CONTACT Susan Sponar Telephone: (505) 241-2768

PNM Fund Awards $250,000 to Help Nonprofits Become More Energy Efficient

Albuquerque:The nonprofit PNM Fund, a division of the PNM Resources Foundation, recently awarded $250,000 in Reduce Your Use Grants to 55 New Mexico nonprofits who submitted successful applications.

Ninety nonprofits applied for the 2012 Reduce Your Use Grants, designed to help nonprofits in the company's service territory decrease energy bills and put more money into their mission-based programs.

"Our goal is to support communities and community organizations in PNM service territories across New Mexico," said Diane Harrison Ogawa, executive director of the PNM Resources Foundation. "This year, we are excited to be funding projects in a variety of communities including Deming, Alamogordo, Rio Rancho, Santa Fe and Albuquerque," said Ogawa.

Grant requests this year included projects to upgrade to energy efficient lighting, appliances and windows; install solar panels, thermal blinds and shade structures; and upgrade cooling systems. Here are a few examples of how New Mexico nonprofits plan to put their Reduce Your Use Grants to work:

• Health Care for the Homeless (Albuquerque): Upgrade to an energy efficient water heater
• Girls, Inc (Santa Fe): Replace T-12 fixtures and box fans with LED lights and ceiling fans
• Homewise, Inc. (Santa Fe): Install solar photovoltaic panels and exterior cooling shades
• St. Felix Food Pantry (Rio Rancho): Replace freezer with energy efficient model for food pantry
• Opportunity Center (Alamogordo): Replace fluorescent light fixtures with energy efficient models
• Ben Archer Health Center (Deming): Upgrade cooling system to increase energy efficiency
• New Day Youth & Family Services (Albuquerque): Replace single-pane windows with Low-E models and screens
• NM Land Conservancy (Santa Fe): Replace track lighting with energy efficient LED lights

The PNM Fund’s Reduce Your Use Grant program began in 2008. Since then, the PNM Fund has granted more than $1.3 million to 237 nonprofits in New Mexico and Texas.

Find out more about Reduce Your Use Grants and see the complete list of 2012 recipients by visiting PNM.com/foundation.

About PNM Fund
The PNM Fund is a division of the PNM Resources Foundation, a nonprofit established in 1983 to improve the quality of life in communities where the company's customers and employees live and work. Celebrating its 29th anniversary, the PNM Resources Foundation is a separate nonprofit tax-exempt corporation originally endowed by a gift from earnings by shareholders of PNM. No customer funds are part of the endowment. For more information, visit www.pnm.com/fund.

About PNM
With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving 500,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit PNM.com.