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PNM Files Green Pricing Tariff

March 2003 - Public Service Company of New Mexico (PNM) has filed a tariff with the Public Regulation Commission to offer its 385,000 New Mexico-based electricity customers a wind energy option. Under the proposal, residential and small business customers could purchase wind energy in 100-kWh blocks or to meet 90% of their monthly electricity needs. In either case, the extra cost would be 2.5¢/kWh. The average PNM residential customer uses about 550 kWh of electricity each month. Large business customers would also be able to participate in the program by purchasing wind energy for 1% or more of their monthly electricity needs at the same 2.5¢/kWh premium. Power for the program will be supplied from the 204-MW New Mexico Wind Energy Center, which is expected to be operational later this year. PNM hopes to begin subscribing customers later this year or in early 2004.

News Release - PNM Seeks to Offer Wind Power to Customers

PNM Media Contact: Don Brown (505) 241-0837

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