Investor Presentaiton
PNM Regulatory Agenda
Filing
PNM:
Consolidated Application for
San Juan (Abandonment,
Securitization and
Replacement)
Appeal of 2015 General Rate
Case to New Mexico
Supreme Court
BB2 Transmission Project
Action
PNM filed July 1, 2019; NMPRC bifurcated application
on July 10, 2019
New Mexico Supreme Court issued opinion May 16,
2019 affirming NMPRC decision but denying the
disallowance of future Palo Verde decommissioning
costs; full order was remanded back to the NMPRC
Final Order issued June 12, 2019 affirming CCN;
ratemaking treatment deferred to next rate case
PNM filed May 10, 2019 with the NMPRC and FERC for
Western Spirit Transmission acquisition approval and FERC approval of incremental
Line
Solar Direct Program
2020 Renewable Plan
2018 Renewable Plan
rate; FERC approved incremental rate July 9, 2019 and
acquisition August 8, 2019
PNM filed May 31, 2019 for approval of voluntary
renewable program expected to begin March 31, 2021
PNM filed June 3, 2019
New Mexico Supreme Court issued opinion August 8,
2019 affirming NMPRC approval
Timing
NMPRC decision on abandonment/
securitization expected by April 2020,
decision on replacement power
expected by October 2020
Docket No.
19-00018-UT
19-00195-UT
No statutory timeline; oral arguments
on remand held July 17, 2019
15-00261-UT
S-1-SC-36115
N/A
PNM requested NMPRC acquisition
approval by November 6, 2019; FERC
process defines 180 days for acquisition
approval
PNM requested NMPRC approval of
50MW PPA by November 2019
18-00243-UT
19-00129-UT
ER19-1824-000
EC19-90-000
19-00158-UT
NMPRC decision expected in Q1 2020
19-00159-UT
17-00129-UT
N/A
S-1-SC-36772
PNM Resour
ources®
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