archivemajor event

Upcoming Investments

PNM customers saw a steep increase in power outages in 2024

Customers of New Mexico's largest electric utility experienced a sharp increase in power outages last year following a steady rise in service disruptions over the past decade, a new report shows.Public Service Company of New Mexico's power reliability report is the first one the utility has submitted to state regulators since the Public Regulation Commission passed a rule last year requiring annual reporting of outages.PNM says its overall system reliability is still 99.85% — lower than in recent years but above nationwide averages.It saw increases last year in most of...