August 2006 - First Choice Power, a retail marketer subsidiary of PNM Resources, announced the availability of a fixed-price, 100% renewable energy option for customers in the Texas competitive retail electricity market. The Simply Better Renewable product is available on a 12-month contract for a fixed per kWh price and a $4.95 monthly fee. The renewable product is priced at a 1.0¢/kWh premium to First Choice Power's regular electricity product. There is a $150 fee for early contract cancellation.
News Release - First Choice Power Makes it Easier to Help the Environment with a Lower Cost, Fixed-Price Renewable Energy Plan