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Pnm Resources Inc
Pnm Resources, Inc. is an energy holding company based in Albuquerque, New Mexico, the United States. Through its utility and energy service subsidiaries, the Company supplies electricity to more than 744,000 homes and businesses in New Mexico and Texas and natural gas to more than 478,000 customers in New Mexico. Its utility subsidiaries are Pnm and Texas-New Mexico Power. Other subsidiaries include First Choice Power, a deregulated competitive retail electric provider in Texas, and Avistar, an energy research and development company. Pnm Resources and its subsidiaries also sell power on the wholesale market throughout the West and Southwest.
Pnm Resources is a public service company of New Mexico, distributes electricity to residential, commercial, and industrial customers in the state. Its Texas New Mexico Power Company (TNMP) unit provides transmission and distribution services at regulated rates and provide retail electric service within TNMP's service area.
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