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PNM Seeks Approval for $595 Million New Mexico Transmission Line
Original: PNM Seeks Approval for $595M New Mexico Transmission Line
New Mexico's largest utility, Public Service Company of New Mexico (PNM), has asked regulators to approve a $595 million transmission line project in the state. The proposal would expand power delivery infrastructure, and its fate now rests with New Mexico regulators, who must weigh the cost to ratepayers against grid reliability and the state's growing electricity needs.
Why now: Regulators are weighing a major $595 million infrastructure investment with implications for electricity costs and grid capacity in New Mexico.
Evidence
- PNM Seeks Approval for $595M New Mexico Transmission Line · Environmental Leader
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