Investor Presentaiton
PNM Bills Remain Below National and Regional Averages
Customer bill impacts of
increased investments are
mitigated by:
Return of federal tax
savings to customers
• Load growth reduces
per-customer cost of
new investments
Energy Imbalance
Market and renewable
investments result in
lower costs for fuel
Comparison of Average Residential Bills (1)
Western Region Average Bills by Utility
Arizona Public Service Co (AZ)
Salt River Project (AZ)
Imperial Irrigation District (CA)
Entergy Texas Inc. (TX)
Modesto Irrigation District (CA)
Southwestern Electric Power Co (TX)
PacifiCorp (CA)
City of San Antonio - (TX)
Nevada Power Co (NV)
PacifiCorp (WA)
Regional Average Bill
Pacific Gas & Electric Co. (CA)
PacifiCorp (OR)
Tucson Electric Power Co (AZ)
Southern California Edison Co (CA)
Black Hills Power, Inc. d/b/a (WY)
San Diego Gas & Electric Co (CA)
Sacramento Municipal Util Dist (CA)
Montana-Dakota Utilities Co (WY)
Idaho Power Co (ID)
US Average Bill
Southwestern Public Svc Co (NM)
Portland General Electric Co (OR)
PacifiCorp (ID)
Avista Corp (WA)
City of Tacoma - (WA)
Avista Corp (ID)
PacifiCorp (WY)
NorthWestern Energy LLC (MT)
City of Colorado Springs (CO)
LADWP (CA)
El Paso Electric Co (TX)
PNM 2019 (NM) - Proposed
Montana-Dakota Utilities Co (MT)
PacifiCorp (UT)
El Paso Electric Co (NM)
Public Svc Co of Colorado (CO)
City of Seattle (WA)
$68.11
$98.24
$77.15
- PNM 2019
-
$140.90
$108.07 Current Regional Avg
- Current US Avg
$50
(1)PNM rates reflect rates approved in the 2018 General Rate Case. All others reflect U.S. Energy Information Administration's
Residential Rate increases through August 2018.
$100
PNM②Resources
$150
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