pnm-20220629


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

Name of Registrant, State of Incorporation, Address Of Principal Executive Offices, Telephone Number, Commission File No., IRS Employer Identification No.

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 40.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 40.13e-4(c))


Registrant	Title of each class	Trading Symbol(s)	Name of exchange on which registered
PNM Resources, Inc.	Common Stock, no par value	PNM	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

On June 29, 2022, PNM Resources, Inc. (“PNMR”) issued a press release (the “Press Release”) with respect to the Order issued on June 29, 2022, by the New Mexico Public Regulation Commission (“NMPRC”) requiring Public Service Company of New Mexico (“PNM”), a wholly-owned subsidiary of PNMR, to issue rate credits related to the retirement of the San Juan Generating Station (“SJGS”). A copy of the Press Release is furnished and attached as Exhibit 99.1 hereto and is incorporated herein by reference.

The information furnished is not deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

On June 29, 2022, the NMPRC issued an Order requiring PNM to issue rate credits related to the retirement of SJGS. The Order calls for an immediate reduction to customer rates upon the retirement of each of the two remaining units of SJGS, as described in the Press Release. Following the NMPRC vote to issue the Order, PNM filed an Emergency Motion for a stay of the rate credits pending its appeal. In the filing, PNM indicated that if the NMPRC has not acted upon the Emergency Motion by the time PNM files its Notice of Appeal with the New Mexico Supreme Court (“Court”), PNM will file an emergency motion with the Court seeking an interim stay of the Order.

The Order, and PNM’s Emergency Motion filing, will be posted when available at https://www.pnmresources.com/investors/rates-and-filings.aspx.


Exhibit Number			Description

99.1			Press R elease, dated June 29, 2922 (furnished not filed)

104			Cover Page Interactive Data File (embedded within Inline XBRL document).

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: June 29, 2022			/s/ Henry E. Monroy
			Henry E. Monroy
			Vice President and Corporate Controller
			(Officer duly authorized to sign this report)


Date of Report (Date of earliest event reported)			June 29, 2022
			(June 29, 2022)