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PNM Drops State Supreme Court Appeal, Agrees to Issue Delayed ETA Rate Credits

Public Service Company of New Mexico and a coalition of parties, including WRA, the New Mexico Office of the Attorney General and the County of Bernalillo, filed an agreement today to resolve the utility’s decision to delay issuance of cost-saving rate credits following the September 2022 closure of the San Juan Generating Station. Customers may soon see an average monthly savings of 11% on their utility bills over a 12-month period.

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