XML 79 R62.htm IDEA: XBRL DOCUMENT v3.20.2
Regulatory and Rate Matters - PNM (Details)
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Oct. 14, 2020
Jun. 01, 2020
USD ($)
May 28, 2020
USD ($)
Apr. 15, 2020
USD ($)
MMBTU
meter
Feb. 01, 2018
Jan. 10, 2018
USD ($)
Jul. 03, 2017
Dec. 07, 2016
USD ($)
Sep. 28, 2016
USD ($)
lease
MW
Aug. 27, 2015
USD ($)
Aug. 31, 2016
USD ($)
lease
MW
Sep. 30, 2020
USD ($)
MW
Sep. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Jun. 30, 2019
USD ($)
Sep. 30, 2020
USD ($)
MW
Sep. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
GWh
Dec. 31, 2017
Mar. 27, 2020
MW
May 16, 2019
MW
Sep. 30, 2016
MW
Jan. 31, 2016
MW
Public Utilities, Commitments And Contingencies [Line Items]                                              
Income taxes (benefit)                       $ (12,331,000) $ (9,188,000)     $ (14,726,000) $ 32,420,000            
Regulatory disallowances and restructuring costs                       $ 0 0     $ 0 150,599,000            
Percent of non-fuel revenue requirement change implemented         50.00%                                    
Excess return on jurisdictional equity that would require refund                       0.50%       0.50%              
PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Income taxes (benefit)                       $ (13,591,000) (9,525,000)     $ (16,127,000) 31,984,000            
Regulatory disallowances and restructuring costs                       $ 0 $ 0     $ 0 150,599,000            
Solar generation capacity (in megawatts) | MW                                       300      
Action plan, covered period             4 years                                
2015 Electric Rate Case | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Requested rate increase (decrease)                   $ 123,500,000                          
Requested rate increase (decrease) of non-fuel revenue                   $ 121,700,000                          
Approved rate increase (decrease)                 $ 61,200,000                            
Renewable Portfolio Standard | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Number of megawatts of Solar PV facilities | MW                       157       157              
Current output in the geothermal facility (in megawatts) | MW                       15       15              
Solar generation capacity (in megawatts) | MW                       145.0       145.0              
Energy Efficiency and Load Management Program | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Energy efficiency and load management programs targeted energy savings (in Gigawatts) | MMBTU       80                                      
Program costs related to energy efficiency, in year two       $ 31,400,000                                      
Program costs related to energy efficiency, in year three       31,000,000.0                                      
Program costs related to energy efficiency, in year four       $ 29,600,000                                      
Number of AMI meters to be installed | meter       5,000                                      
Program costs related to meter installation       $ 2,900,000                                      
Integrated Resource Plan, 2011 | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Frequency of IRP filings                               3 years              
Planning period covered of IRP                               20 years              
Integrated Resource Plan, 2017 | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Planning period covered of IRP             20 years                                
Integrated Resource Plan, 2020 | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Planning period covered of IRP                         20 years                    
NMPRC                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Requested rate increase (decrease)               $ 99,200,000                              
Requested return on equity               10.125%                              
Period of time for proposed return to customers the benefit of the reduction in New Mexico's corporate income tax rate                                     3 years        
Action plan, covered period                               4 years              
NMPRC | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Requested rate increase (decrease)           $ 10,300,000                                  
Requested return on equity           9.575%                                  
Period of time for proposed return to customers the benefit of the reduction in New Mexico's corporate income tax rate           3 years                                  
Proposed revision to rider that will allow for recovery                                   $ 49,600,000          
NMPRC | Renewable Energy Rider | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Proposed revision to rider that will allow for recovery   $ 67,800,000                                          
Revenue from renewable energy rider, year two                               $ 58,900,000              
Recorded revenues from renewable rider                       $ 12,000,000.0 $ 11,900,000     $ 42,300,000 $ 37,400,000            
NMPRC | Renewable Energy Rider, Sky Blue Energy Program | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Proposed revision to rider that will allow for recovery   $ 2,300,000                                          
Renewable energy procurement plan, carrying charges, percent   8.64%                                          
Renewable energy procurement plant, carrying charges   $ 700,000                                          
NMPRC | Renewable Energy Rider, Sky Blue Energy Program | PNM | Subsequent event                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Renewable energy procurement plan, carrying charges, percent 4.00%                                            
Required Percentage by 2011 | Renewable Portfolio Standard | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Required percentage of renewable energy in portfolio to electric sales                       10.00%       10.00%              
Required Percentage by 2015 | Renewable Portfolio Standard | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Required percentage of renewable energy in portfolio to electric sales                       15.00%       15.00%              
Required Percentage by 2020 | Renewable Portfolio Standard | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Required percentage of renewable energy in portfolio to electric sales                       20.00%       20.00%              
Minimum | Renewable Portfolio Standard | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Profit incentive sliding scale multiplier       0.071                           0.071          
Energy efficiency and load management programs targeted energy savings (in Gigawatts) | MMBTU       80                                      
Maximum | Renewable Portfolio Standard | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Reasonable cost threshold in megawatts per hour                       $ 60       $ 60              
Palo Verde Nuclear Generating Station, Unit 2 Leases | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Number of megawatts purchased (in megawatts) | MW                 64.1   64.1                     64.1 64.1
Number of megawatts nuclear generation (in megawatts) | MW                 114.6   114.6                   114.6 114.6  
Number of leases under which assets were purchased | lease                 3   3                        
Public utilities, aggregate annual rent expense                     $ 18,100,000                        
Palo Verde Nuclear Generating Station, Unit 2 Leases | 2015 Electric Rate Case | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Hearing examiner's proposed disallowance of recovery                     $ 163,300,000                        
Initial rate base value                 $ 83,700,000                            
Disallowance of the recovery undepreciated costs of capitalized leasehold improvements                 $ 43,800,000                            
Pre-tax regulatory disallowance                           $ 19,700,000                  
New Mexico Wind | Renewable Portfolio Standard 2014 | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Number of megawatts for wind energy | MW                               204              
Red Mesa Wind | Renewable Portfolio Standard 2014 | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Number of megawatts for wind energy | MW                               102              
La Joya Wind | Renewable Portfolio Standard | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Number of megawatts for wind energy | MW                               140              
Four Corners                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Regulatory disallowances and restructuring costs           $ 47,600,000                                  
Regulatory disallowance           $ 148,100,000                                  
New Mexico 2015 Rate Case | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Pre-tax impairment of investments                           $ 1,300,000 $ 150,600,000                
Undepreciated capitalized improvements                       $ 39,700,000       $ 39,700,000              
New Mexico 2015 Rate Case | Palo Verde Nuclear Generating Station, Unit 2 Leases | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Number of megawatts purchased (in megawatts) | MW                       64.1       64.1         64.1    
Portion of purchase price                               $ 73,200,000              
Income taxes (benefit)                               45,700,000              
New Mexico 2015 Rate Case | Palo Verde Nuclear Generating Station, Unit 1 and 4 Leases | PNM | Leaseholds and Leasehold Improvements                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Undepreciated capitalized improvements                       $ 37,700,000       $ 37,700,000              
Disincentives and Incentives Added | 2017 Energy Efficiency and Load Management Program | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Energy efficiency and load management programs profit incentive, minimum                                   $ 1,800,000          
Energy efficiency and load management programs targeted energy savings (in Gigawatts) | GWh                                   59          
Energy efficiency and load management programs additional incentive targeted energy savings (in Gigawatts) | GWh                                   68          
Disincentives and Incentives Added | 2019 Energy Efficiency and Load Management Program | PNM                                              
Public Utilities, Commitments And Contingencies [Line Items]                                              
Energy efficiency and load management programs profit incentive, minimum     $ 500,000