N.M. A.G. Torrez Announces $115M Settlement With PNM Resulting in Rate Credits to Consumers
August 19, 2023
August 19, 2023
SANTA FE, New Mexico, Aug. 19 -- New Mexico Attorney General Raul Torrez issued the following news release on Aug. 18, 2023:
Today, New Mexico Attorney General Raul Torrez announced that a settlement has been reached with the Public Service Company of New Mexico (PNM) to resolve the outstanding appeal related to the closure of the San Juan Generating Station (SJGS). Under the terms of the settlement, ratepayers will receive a $115 million rate credit over a one-year period and PNM w . . .
Today, New Mexico Attorney General Raul Torrez announced that a settlement has been reached with the Public Service Company of New Mexico (PNM) to resolve the outstanding appeal related to the closure of the San Juan Generating Station (SJGS). Under the terms of the settlement, ratepayers will receive a $115 million rate credit over a one-year period and PNM w . . .