For customers living in the Albuquerque metro area (including communities in Bernalillo, Sandoval & Valencia Counties), Santa Fe, Las Vegas, Clayton, Deming and tribal communities, the average residential customer will see an increase to their bill sometime next year, likely in July.

However, PNM customers are about to see two decreases in their electric bills in January 2016: a combined 7% reduction due to decreased fuel costs and savings related to the proposed partial shut-down of the San Juan coal plant.

The net bottom line increase to customers would be 8.31 percent – or about 20 cents per day on their electric bills, based on average usage.