Energy Sources

A Commitment to Reliable, Affordable, and Environmentally Responsible Power

PNM is on a path to serve its customers 100% emissions-free electricity within the next two decades.  The company is focused on serving you with a resource mix that safely provides reliable, affordable, and environmentally responsible power.

PNM Generation Portfolio

PNM owns a diverse mix of generation resources that powers our New Mexico customers and uses additional resources to serve electricity needs through power purchase agreements.

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As a regulated electric utility, nearly all of our owned generation resources are dedicated to serving customers in our regulated jurisdictions. The New Mexico Public Regulation Commission is responsible for approving the addition of new generation resources, the time frame that those resources can come into service, and the time frame the resources can be recovered through retail rates.

PNM¿s capacity in electric generating facilities, which are owned, leased, or under Power Purchase Agreements, in commercial service as of December 31, 2022 is:  

Future Energy Resources: Resource Planning
 

Longer Term Resources

PNM conducts an Integrated Resource Plan (IRP) once every three years. The IRP identifies generation mixes that could supply energy needs over a 20-year period. The IRP is a public process that incorporates public meetings and inputs in the final plan.

The IRP results in an resource roadmap for PNM and documents the actions required to achieve the plan's objectives over the next four years.

Visit www.pnm.com/IRP for the latest IRP process and meetings.

Learn more about the 2020 IRP and 2017 IRP