NM utility: New rates needed for growing demand (AP)

Tuesday September 23, 10:31 am ET PNM: New higher electricity rates needed to prepare New Mexico for its energy future ALBUQUERQUE, N.M. (AP) -- New Mexico's largest utility announced that it has proposed new electric rates to help the state prepare for future demand and the need for cleaner energy sources. "New Mexico's economy and its population are growing rapidly, and so is its need for more electricity,"... [read full story]