New Mexico utility rate cases

Rates are set by the New Mexico Public Regulation Commission. The average New Mexico home pays about $93 a month for 654 kWh (EIA, 2024).

No pending rate case on our list for New Mexico

1 utility tracked in New Mexico. Enter your ZIP on the home page to see the one that serves you.

PNM investor-owned utility

1 on record, none pending

2024 rate case, phased through 2026 PNM, NM

Approved Base rate case From Apr 2026

Your PNM bill rose in two steps under this settlement, with the second step landing April 1, 2026.

+$6a month

One email when a rate case is filed, gets a hearing date, or is decided for New Mexico, every utility. Nothing else.

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