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Variable Interest Entities (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
USD ($)
MW
Sep. 30, 2022
USD ($)
Sep. 30, 2023
USD ($)
MW
Sep. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Jan. 31, 2016
USD ($)
Results of Operations            
Operating revenues $ 505,851 $ 729,888 $ 1,527,084 $ 1,673,736    
Operating expenses 419,199 547,125 1,249,011 1,336,513    
Earnings attributable to non-controlling interest 5,058 4,172 14,172 10,897    
Financial Position            
Current assets 489,227   489,227   $ 410,978  
Assets 10,050,841 9,028,890 10,050,841 9,028,890 9,257,377  
Current liabilities 1,478,573   1,478,573   890,370  
Owners’ equity – non-controlling interest $ 51,173   $ 51,173   52,994  
San Juan Generating Station | Coal supply            
Variable Interest Entity [Line Items]            
Cash used to support bank letter or credit arrangement           $ 30,300
PNM            
Variable Interest Entity [Line Items]            
Number of megawatts purchased (in megawatts) | MW 64.1   64.1      
Results of Operations            
Operating revenues $ 350,334 597,337 $ 1,118,741 1,312,800    
Operating expenses 319,638 457,422 955,726 1,078,434    
Earnings attributable to non-controlling interest 5,058 4,172 14,172 10,897    
Financial Position            
Current assets 414,625   414,625   345,645  
Assets 6,731,852   6,731,852   6,272,166  
Current liabilities 1,028,881   1,028,881   692,155  
Owners’ equity – non-controlling interest 51,173   51,173   52,994  
PNM | Valencia            
Variable Interest Entity [Line Items]            
Payment for fixed costs 5,100 5,000 15,200 14,600    
Payment for variable costs 1,400 700 $ 4,100 1,100    
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 6,679 5,640 $ 19,427 15,670    
Operating expenses 1,621 1,468 5,255 4,773    
Earnings attributable to non-controlling interest 5,058 $ 4,172 14,172 $ 10,897    
Financial Position            
Current assets 4,162   4,162   3,429  
Net property, plant, and equipment 47,963   47,963   50,094  
Assets 52,125   52,125   53,523  
Current liabilities 952   952   529  
Owners’ equity – non-controlling interest $ 51,173   $ 51,173   $ 52,994  
PNM | Purchased through May 2028 | Valencia            
Variable Interest Entity [Line Items]            
Number of megawatts purchased (in megawatts) | MW 155   155