Will My Bill Go Up

New Mexico

PNM

Investor-owned utility (Public Service Co of NM), regulated by the New Mexico Public Regulation Commission. The average New Mexico home pays about $93 a month for electricity (EIA, 2024).

No pending rate case for PNM right now

Increases approved in the last 12 months add up to about $6 a month on a typical bill. Recent decisions are below, and the alert will tell you when the next case is filed.

Decided

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

How to have a say

Rate cases are decided by the New Mexico Public Regulation Commission, which takes written comments on every docket and holds public hearings on the big ones. Comment deadlines and hearing dates are on each case page above when we have them.

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One email when a rate case is filed, gets a hearing date, or is decided for PNM. Nothing else.

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Corrections and tips: [email protected]. Every figure links to its source on the case page.