PNM’s annual shareholders’ meeting sparks protest

PNM Protest
PNM Protest

ALBUQUERQUE, N.M. (KRQE) – PNM is holding its annual shareholders’ meeting and local protesters say they’ll be watching.

PNM officials will hold their meeting in Lewisville, Texas.

Protest organizers held a rally in Albuquerque calling for the company to use more renewable energy sources.

Right now, PNM is seeking a nearly 14 percent rate increase for customers. The new rate request would raise more than $120 million. The company says it will pay for investments they’ve made over the past five years.

The state’s public regulation commission is still deciding if they’ll even allow the hike. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s