Utility rates keep going up
It’s not like we didn’t tell you so, but we did tell you so.
In response to increased costs, PNM is asking for new rates — and this is after they just received a rate hike.
And it is not just PNM. Los Alamos recently approved a rate hike — in both electric and water rates.
Meanwhile, New Mexico’s largest utility company announced it has proposed new electric rates to help the state prepare for future demand and the need for cleaner energy sources.