0001108426-11-000055.txt : 20110812 0001108426-11-000055.hdr.sgml : 20110812 20110811183434 ACCESSION NUMBER: 0001108426-11-000055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110811 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20110812 DATE AS OF CHANGE: 20110811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUBLIC SERVICE CO OF NEW MEXICO CENTRAL INDEX KEY: 0000081023 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC & OTHER SERVICES COMBINED [4931] IRS NUMBER: 850019030 STATE OF INCORPORATION: NM FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06986 FILM NUMBER: 111028832 BUSINESS ADDRESS: STREET 1: ALVARADO SQUARE CITY: ALBUQUERQUE STATE: NM ZIP: 87158 BUSINESS PHONE: 5058482700 MAIL ADDRESS: STREET 1: ALVARADO SQUARE CITY: ALBUQUERQUE STATE: NM ZIP: 87158 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PNM RESOURCES INC CENTRAL INDEX KEY: 0001108426 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 850019030 STATE OF INCORPORATION: NM FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32462 FILM NUMBER: 111028831 BUSINESS ADDRESS: STREET 1: ALVARADO SQUARE STREET 2: NEW MEXICO CITY: ALBUQUERQUE STATE: NM ZIP: 87158 BUSINESS PHONE: 5052412700 MAIL ADDRESS: STREET 1: ALVARADO SQUARE CITY: ALBUQUERQUE STATE: NM ZIP: 87158 FORMER COMPANY: FORMER CONFORMED NAME: MANZANO CORP DATE OF NAME CHANGE: 20000303 8-K 1 a201108118-kpnmacceptsorder.htm 20110811 8-K PNM accepts order


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
CURRENT REPORT
 
 
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
 
Date of Report (Date of earliest event reported)
August 11, 2011
 
 
(August 11, 2011)
 
 
Commission
 
Name of Registrants, State of Incorporation,
 
I.R.S. Employer
File Number
 
Address and Telephone Number
 
Identification No.
 
 
 
 
 
001-32462
 
PNM Resources, Inc.
 
85-0468296
 
 
(A New Mexico Corporation)
 
 
 
 
Alvarado Square
 
 
 
 
Albuquerque, New Mexico 87158
 
 
 
 
(505) 241-2700
 
 
 
 
 
 
 
001-06986
 
Public Service Company of New Mexico
 
85-0019030
 
 
(A New Mexico Corporation)
 
 
 
 
Alvarado Square
 
 
 
 
Albuquerque, New Mexico 87158
 
 
 
 
(505) 241-2700
 
 
 
 
 
 
 
______________________________
 
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))





Item 8.01 Other Events.
 
On August 11, 2011, PNM Resources, Inc. (the “Company”) issued a press release (“August 11 Release”) regarding the electric rate case of the Company's wholly owned subsidiary, Public Service Company of New Mexico (“PNM”).

The August 11 Release reported that the required filing had been made with the New Mexico Public Regulation Commission (“NMPRC”) to allow PNM to implement the previously disclosed $72.1 million rate increase that had been approved by the NMPRC subject to such filing being made. The August 11 Release is furnished herewith as Exhibit 99.1 and incorporated by reference herein.
 


 


 
 

2


Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits:
 
Exhibit Number Description
 
99.1 Press Release dated August 11, 2011.


 

3


SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.
 
 
PNM RESOURCES, INC.
 
PUBLIC SERVICE COMPANY OF NEW MEXICO
 
 
 
(Registrants)
 
 
 
 
Date: August 11, 2011
/s/ Terry R. Horn
 
Terry R Horn
 
Vice President and Treasurer
 
(Officer duly authorized to sign this report)


 


4
 EX-99.1 2 a20110811exhibit991.htm EXHIBIT 99.1 20110811 Exhibit 99.1


Exhibit 99.1

For Immediate Release
Aug. 11, 2011
PNM Makes Necessary Filing to Increase Rates
$72.1M revenue increase to be effective Aug. 21
(ALBUQUERQUE, N.M.) -PNM Resources' (NYSE: PNM) electric utility, Public Service Co. of New Mexico, and other key parties today filed a response to the N.M. Public Regulation Commission's recent rate order, allowing for a $72.1 million increase to annual base revenues.
“We have thoroughly reviewed the order, and while we are disappointed that the Commission did not approve the original stipulation, we will implement the new rates as they are another step toward PNM earning its allowed regulated return,” said Pat Vincent-Collawn, PNM Resources president and CEO. “As a result of the Commission's decision, PNM will need to further align its planned expenses with revenues.
“The response also provides opportunity for PNM to file another case for new rates to be effective as early as July 2013,” she said. “PNM still remains committed to earning its allowed return while providing its customers with affordable rates and reliable electricity.”
Today's filing reflects the collaborative effort of the utility and the six key parties that reached a rate increase agreement with PNM in February. Consistent with the terms of the order allowing the rates to go into effect, the filing indicates that the utility and the key parties are taking no position on the modifications made by the Commission.
PNM today also provided regulators with advice notices of the rate changes and new rate schedules. New electric rates will go into effect on Aug. 21.

Background:
PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2010 consolidated operating revenues of $1.7 billion. Through its utility and energy subsidiaries, PNM Resources has approximately 2,630 megawatts of generation capacity and serves electricity to more than 875,300 homes and businesses in New Mexico and Texas. The company also has a 50-percent ownership of Optim Energy, which owns nearly 1,200 megawatts of generation resources in Texas. For more information, visit the company's Web site at www.PNMResources.com.

CONTACTS:
Analysts                        Financial Media
Gina Jacobi                        Frederick Bermudez
Director, Investor Relations            (505) 241-4831
(505) 241-2211            


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