Local Commitments

Local Jobs. Local Leaders. Local Power.

PNM will remain a New Mexico company, run by New Mexicans.

Utility worker in safety gear elevated in a bucket truck working on power lines against a clear sky.

PNM will remain headquartered in New Mexico, led by local management

  • PNM remains headquartered in Albuquerque
  • Local management team continues to lead operations
  • Day-to-day operations unchanged
  • Local decision-making preserved
  • Regular point of contact for customers and regulators remains the same
Two utility workers wearing hard hats working near a utility truck surrounded by power lines and poles.

Rates will continue to be set by New Mexico Public Regulation Commission

  • New Mexico Public Regulation Commission (NMPRC) retains complete authority to set rates
  • All rate changes require NMPRC approval
  • Public hearing process unchanged
  • Consumer advocates continue to participate
  • Transparent regulatory process maintained
Two workers in gray uniforms inspecting equipment in the back of a truck, one wearing a white hard hat and sunglasses.

IBEW partnerships will remain in place

  • Maintain all existing labor agreements
  • Continued partnership on infrastructure projects
  • Expanded workforce training opportunities
  • Highest safety standards maintained
Utility worker in a bucket lift working on a power pole at dusk while another worker stands on the grass below.

Local job creation and training will continue to be a priority

  • $35 million workforce development fund
  • Partnerships with community colleges
  • Support for veterans and underrepresented groups