https://solarexaminer.com/tags/pnm/Recent content in PNM on Solar ExaminerHugoen-usSolar ExaminerSun, 04 Oct 2026 00:00:00 +0000https://solarexaminer.com/posts/new-mexico-electricity-rate-changes-2026/Sun, 04 Oct 2026 00:00:00 +0000https://solarexaminer.com/posts/new-mexico-electricity-rate-changes-2026/<p>New Mexico did not have a rate change on October 1, 2026 that we could find. The state&rsquo;s largest utility, PNM, finished a two-step increase in April. The larger pending case is El Paso Electric&rsquo;s.</p> <p>This article covers PNM and El Paso Electric&rsquo;s New Mexico territory. It mentions Southwestern Public Service (Xcel Energy) briefly and does not cover cooperatives.</p> <h2 id="quick-summary">Quick Summary</h2> <table> <thead> <tr> <th>Item</th> <th>Utility</th> <th>Date</th> <th>Residential impact</th> <th>Status</th> </tr> </thead> <tbody> <tr> <td>Phase 1</td> <td>PNM</td> <td>July 2025</td> <td>Not stated in notice</td> <td>In effect</td> </tr> <tr> <td>Phase 2</td> <td>PNM</td> <td>April 1, 2026</td> <td>About +$6.23 a month</td> <td>In effect</td> </tr> <tr> <td>Base rate request</td> <td>El Paso Electric</td> <td>Two phases from 2027</td> <td>More than +$40 a month</td> <td>Not approved</td> </tr> </tbody> </table> <h2 id="pnm-second-phase-in-april">PNM: Second Phase in April</h2> <p>The New Mexico Public Regulation Commission (PRC) approved PNM&rsquo;s rate change in May 2025 (Docket 24-00089-UT) and split it in two. The PRC&rsquo;s customer notice says:</p>