PNM has carefully reviewed the written final order from the New Mexico Public Regulation Commission regarding the company's rate case. Based on the specific elements of the NMPRC ruling, we have calculated the average system increase and the bill impact for the average PNM residential customer:

Overall avg. system increase approved: 7%
PNM original request: 14%

Estimated monthly bill impact for average PNM residential customer for North: $6.89

North includes all PNM service territory except for Alamogordo, Ruidoso and Silver City areas. This number reflects the difference between what customers pay today versus what they will pay under the new rates.

Estimated monthly bill impact for average PNM residential customer in South: $1.26

The difference between North and South is due to the gradual integration of Southern customers into the overall PNM service territory after the company purchased TNMP, which had been serving customers in the South.

Key facts about PNM rate case:

-+ PNMG