Public Service Company Of New Mexico · OTC:PNMXO
Public Service Company Of New Mexico — Corporate Update (August 2025)
8 slides from Public Service Company Of New Mexico's corporate update, Aug 19, 2025
Slide 1: PNM Annual Formula Rate Update
PNM Annual Formula Rate Update 2 nd Customer Meeting AUGUST 19, 2025
Slide 2: Agenda
AGENDA • Opening/Welcome • 2025 Annual Review Process – Key Dates • 2025 Updates • FERC Order No. 898 • PNM Joining EDAM • Question and Answer SLIDE 2 |August 19, 2025
Slide 3: Annual Review Process – Key Dates
ANNUAL REVIEW PROCESS – KEY DATES Date Action May 1, 2025 Publication Date June 1, 2025 – May 31, 2026 Current Rate Year May 20, 2025 1st Customer Meeting (Third Tuesday of May) August 19, 2025 2nd Customer Meeting (Third Tuesday of August) September 29, 2025 End of Information Request Period (150 D
Slide 4: 2025 Updates
2025 UPDATES • PNM has not received any information requests related to the 2025 Annual Update • As discussed at the 1st customer meeting, PNM made a 205 filing for non-substantive changes to the formula template (Docket No. ER25-2394) • FERC accepted on July 23, 2025 • No corrections to the annual
Slide 5: FERC Order No. 898
FERC ORDER NO. 898 Order No. 898 requires PNM to functionalize G&I Plant as well as create new accounts for energy storage facilities in FERC Form 1 reporting. o PNM implemented Order No. 898 accounting in January 2025 Will impact PNM’s Formula Rate update in 2026 o PNM expects modifications to th
Slide 6: PNM Joining EDAM
PNM JOINING EDAM On June 30, 2025, PNM executed an Extended Day-Ahead Market Implementation Agreement with the California ISO PNM’s expects to begin participating in EDAM in October 2027 SLIDE 6 |August 19, 2025
Slide 7: Questions?
Questions? SLIDE 7 | August 19, 2025
Slide 8: Talk to us
P a Talk to us. @ © ©
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