What is the largest utility in New Mexico?
Public Service Company of New Mexico, commonly known as PNM and operating as a major subsidiary of PNM Resources, is the largest electricity utility company in the state of New Mexico. Providing reliable power generation, transmission, and retail distribution services to hundreds of thousands of residential and commercial customers, the utility manages diverse energy resources while navigating major regional transitions toward sustainable renewable energy infrastructure and coal-free power generation mandates.
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Electrical and gas utility services were officially established in Albuquerque in 1882, when early local business leaders launched foundational operations to supply lighting and power to the expanding New Mexico territorial railway hub.
TXNM Energy, a major regulated electric utility holding company providing power infrastructure across the American Southwest, operated for many decades under the corporate name PNM Resources, Inc.
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Before becoming known as Albuquerque, the area that is now New Mexico's largest city was initially established and named La Villa de Alburquerque by the Spanish colonial governor of Santa Fe de Nuevo Mexico, Francisco Cuervo y Valdes, in 1706.
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