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Variable Interest Entities (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
USD ($)
MW
Sep. 30, 2021
USD ($)
Sep. 30, 2022
USD ($)
MW
Sep. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Jan. 31, 2016
USD ($)
Results of Operations            
Operating revenues $ 729,888 $ 554,551 $ 1,673,736 $ 1,345,798    
Operating expenses 547,125 402,822 1,336,513 1,076,700    
Earnings attributable to non-controlling interest 4,172 4,229 10,897 11,643    
Financial Position            
Current assets 409,774   409,774   $ 324,600  
Assets 9,028,890 8,256,070 9,028,890 8,256,070 8,666,885  
Current liabilities 666,469   666,469   664,213  
Owners’ equity – non-controlling interest 53,847   53,847   55,405  
San Juan Generating Station | Coal supply            
Variable Interest Entity [Line Items]            
Cash used to support bank letter or credit arrangement           $ 30,300
PNM            
Results of Operations            
Operating revenues 597,337 435,523 1,312,800 1,030,685    
Operating expenses 457,422 320,960 1,078,434 831,305    
Earnings attributable to non-controlling interest 4,172 4,229 10,897 11,643    
Financial Position            
Current assets 331,221   331,221   266,689  
Assets 6,113,416   6,113,416   6,060,133  
Current liabilities 497,059   497,059   495,902  
Owners’ equity – non-controlling interest 53,847   53,847   55,405  
PNM | Valencia            
Variable Interest Entity [Line Items]            
Payment for fixed costs 5,000 5,000 14,600 14,900    
Payment for variable costs 700 700 $ 1,100 1,600    
Long-term contract option to purchase, ownership percentage (up to)     50.00%      
Long-term contract option to purchase, purchase price - percentage of adjusted NBV     50.00%      
Long-term contract option to purchase, purchase price - percentage of FMV     50.00%      
Results of Operations            
Operating revenues 5,640 5,719 $ 15,670 16,425    
Operating expenses 1,468 1,490 4,773 4,782    
Earnings attributable to non-controlling interest 4,172 $ 4,229 10,897 $ 11,643    
Financial Position            
Current assets 3,918   3,918   3,042  
Net property, plant, and equipment 50,780   50,780   52,908  
Assets 54,698   54,698   55,950  
Current liabilities 851   851   545  
Owners’ equity – non-controlling interest $ 53,847   $ 53,847   $ 55,405  
PNM | Purchased through May 2028 | Valencia            
Variable Interest Entity [Line Items]            
Number of megawatts purchased (in megawatts) | MW 155   155