Based in Albuquerque, NM, PNM
Resources is an energy holding company and a subsidiary of PNM
The company has agreed to sell its PNM
natural gas operations for USD620m.
Among white infants, the NM rate declined more than did PNM
29 expiration of the EPA's 45-day administrative stay extension, PNM
announced it would work to comply with the federal rule that requires installation of selective catalytic reduction ("SCR") technology on all four units of SJGS.
The company chairman and chief executive officer, Jeff Sterba, said, 'The gas operations sale allows PNM
Resources to focus solely on the generation and delivery of electric service.
As permitted by FERC rules, in June 2011 PNM
began billing at the higher rates associated with the original filing subject to refund.
This filing represents another step we are taking to more closely align rate recovery with expenditures, allowing us to continue to provide safe, reliable service for our transmission customers," said Pat Collawn, PNM
Resources chairman, president and CEO.
During the 45-day stay extension, PNM
, EPA and the N.
Beginning in 2015, PNM
requires a total of 375,000 megawatt-hours of new qualifying renewable energy per year supplied through company-owned projects, power purchase agreements or through purchases of renewable energy certificates from other renewable generators in New Mexico.
Vincent-Collawn, currently PNM
Resources' president and CEO, will assume her new role on Jan.
customers eligible to participate must have a peak billing demand exceeding 150 kilowatts
In a petition filed Friday with EPA, PNM
asked the agency to reconsider its decision.