Approval of TNMP application for incremental rate base recovery

PR Newswire03-26

ALBUQUERQUE, N.M., March 26, 2025 /PRNewswire/ -- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc. (NYSE: TXNM) received approval from the Public Utility Commission of Texas (PUCT) for its...

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(NYSE: TXNM) received approval from the Public Utility Commission of Texas (PUCT) for its...</p>\n\n<a href=\"https://finance.yahoo.com/news/approval-tnmp-application-incremental-rate-103000229.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4081","symbol_name":"电力公用事业","start_time":0,"source_url":"https://finance.yahoo.com/news/approval-tnmp-application-incremental-rate-103000229.html","article_id":"2522382757","we_media_id":null,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/approval-tnmp-application-incremental-rate-103000229.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2522382757","pubTimestamp":1742985000,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"ALBUQUERQUE,N.M., March 26, 2025 /PRNewswire/ -- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc.  received approval from the Public Utility Commission of Texas  for its recent Transmission Cost of Service  application.On March 25, 2025, the Public Utility Commission of Texas  approved TNMP's Application for Interim Update of Wholesale Transmission Rates through a TCOS filing. The approved annual rate increase of $11.5 million recovers $83.5 million of incremental transmission rate base. The associated rates became effective upon approval.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4081":"电力公用事业","TXNM":"TXNM Energy"},"translate_title":"批准TNMP增量费率基数恢复申请","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TXNM":0.9},"content_text":"ALBUQUERQUE, N.M., March 26, 2025 /PRNewswire/ -- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc. (NYSE: TXNM) received approval from the Public Utility Commission of Texas (PUCT) for its recent Transmission Cost of Service (TCOS) application.\n\n  \n\nOn March 25, 2025, the Public Utility Commission of Texas (PUCT) approved TNMP's Application for Interim Update of Wholesale Transmission Rates through a TCOS filing. The approved annual rate increase of $11.5 million recovers $83.5 million of incremental transmission rate base. The associated rates became effective upon approval.\nThe filing can be found at https://www.txnmenergy.com/investors/rates-and-filings/tnmp-puct-filings.aspx.\nBackground:TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company's website at www.TXNMEnergy.com.\n\n\n\n\nCONTACTS: \n\n\n\n\n\nAnalysts \nMedia \n\n\n\nLisa Goodman \nCorporate Communications \n\n\n\n(505) 241-2160 \n(505) 241-2783 \n\n\n\n\nSafe Harbor Statement under the Private Securities Litigation Reform Act of 1995Statements made in this news release for TXNM Energy, Inc. (\"TXNM\"), Public Service Company of New Mexico (\"PNM\"), or Texas-New Mexico Power Company (\"TNMP\") (collectively, the \"Company\") that relate to future events or expectations, projections, estimates, intentions, goals, targets, and strategies, including the unaudited financial results and earnings guidance, are made pursuant to the Private Securities Litigation Reform Act of 1995. Readers are cautioned that all forward-looking statements are based upon current expectations and estimates and apply only as of the date of this report. TXNM, PNM, and TNMP assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by these forward-looking statements, TXNM, PNM, and TNMP caution readers not to place undue reliance on these statements. TXNM's, PNM's, and TNMP's business, financial condition, cash flow, and operating results are influenced by many factors, which are often beyond their control, that can cause actual results to differ from those expressed or implied by the forward-looking statements. For a discussion of risk factors and other important factors affecting forward-looking statements, please see the Company's Form 10-K, Form 10-Q filings and the information included in the Company's Forms 8-K with the Securities and Exchange Commission, which factors are specifically incorporated by reference herein.\n View original content to download multimedia:https://www.prnewswire.com/news-releases/approval-of-tnmp-application-for-incremental-rate-base-recovery-302411591.html\nSOURCE TXNM Energy, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.33.2","shortVersion":"4.33.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2522382757"}