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Economic Development

PNM encourages business and job growth with our investment in multifaceted activities across New Mexico.

Creating opportunity

We believe that attracting new business and encouraging expansion of existing businesses takes a unified effort with government, business, nonprofit economic development organizations and local communities.

Information About PNM:

See the communities PNM serves.  Take a look at our current commercial electricity rates  and industrial rates. Contact us at (505) 241-4548 with questions about PNM economic development work. 

New Mexico Business Opportunities

The New Mexico Development Alliance offers detailed information about business in New Mexico including a database of available properties, maps and more.


Santa Fe, Our State Capitol  

 Arts, culture and business opportunities









Alamogordo, Tularosa and Southern NM

 The Otero County Economic Development Council  offers business incentives, site selection assistance, area statistics and more.








Silver City and Grant County

 On the edge of the 3.3 million-acre Gila National  Forest, the region offers an award winning charm and  opportunities.







Ruidoso and Lincoln County

  Mountains, skiing, resorts, horse racing, and a  supportive business environment. It's all here.








Deming and Luna County

The Mimbres Indians created their beautiful world-renowned pottery almost 1,000 years ago. Today, this Interstate 10 city offers a range of economic development options.



This is crossroads country, a community bordering New Mexico, Colorado, Oklahoma and Texas. Embrace the Spirit.

Free Classes for Small Business from the PNM Job Growth Initiative


PNM has invested in two well-respected organizations, Accion and WESST, to help small businesses grow their markets and add jobs.  Here are workshop schedules for programs from WESST and AccionYou can get more information about the programs by contacting Justin Hyde at Accion,  505-243-8844,, or contact WESST at 1-800-GOWESST (800-469-3778).


New Mexico Main Street Support

In December 2013, PNM announced its most recent contribution of $125,000 in support of eight MainStreet organizations across New Mexico. Get the details of those grants here. (PDFs to come) Learn more about New Mexico MainStreet here.