Approval of TNMP application for incremental rate base recovery – TXNM Energy (NYSE:TXNM)

ALBUQUERQUE, N.M., March 26, 2025 /PRNewswire/ — TNMP, the wholly-owned Texas subsidiary of TXNM Vitality, Inc. TXNM acquired approval from the Public Utility Fee of Texas (PUCT) for its latest Transmission Price of Service (TCOS) software.

On March 25, 2025, the Public Utility Fee of Texas (PUCT) authorised TNMP’s Utility for Interim Replace of Wholesale Transmission Charges via a TCOS submitting. The authorised annual charge improve of $11.5 million recovers $83.5 million of incremental transmission charge base. The related charges grew to become efficient upon approval.

The submitting will be discovered at https://www.txnmenergy.com/buyers/rates-and-filings/tnmp-puct-filings.aspx.

Background:
TXNM Vitality TXNM, an power holding firm based mostly in Albuquerque, New Mexico, delivers power to greater than 800,000 houses and companies throughout Texas and New Mexico via its regulated utilities, TNMP and PNM. For extra data, go to the corporate’s web site at www.TXNMEnergy.com.

Protected Harbor Assertion underneath the Non-public Securities Litigation Reform Act of 1995
Statements made on this information launch for TXNM Vitality, Inc. (“TXNM”), Public Service Firm of New Mexico (“PNM”), or Texas-New Mexico Energy Firm (“TNMP”) (collectively, the “Firm”) that relate to future occasions or expectations, projections, estimates, intentions, targets, targets, and methods, together with the unaudited monetary outcomes and earnings steerage, are made pursuant to the Non-public Securities Litigation Reform Act of 1995. Readers are cautioned that every one forward-looking statements are based mostly upon present expectations and estimates and apply solely as of the date of this report. TXNM, PNM, and TNMP assume no obligation to replace this data. As a result of precise outcomes could differ materially from these expressed or implied by these forward-looking statements, TXNM, PNM, and TNMP warning readers to not place undue reliance on these statements. TXNM’s, PNM’s, and TNMP’s enterprise, monetary situation, money stream, and working outcomes are influenced by many components, which are sometimes past their management, that may trigger precise outcomes to vary from these expressed or implied by the forward-looking statements. For a dialogue of threat components and different necessary components affecting forward-looking statements, please see the Firm’s Type 10-Okay, Type 10-Q filings and the data included within the Firm’s Varieties 8-Okay with the Securities and Change Fee, which components are particularly integrated by reference herein.

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SOURCE TXNM Vitality, Inc.