Natural Gas Costs Threatening to Swamp PNM

摘要

Public Service Co.of New Mexico (PNM),that state's largest utility,squeaked through an emergency rate increase hearing last week-but the regulators' approval of about 9 million more is only a stopgap,industry experts say.And the utility's proposed fuel clause remains undecided until May 15,when the New Mexico Public Regulation Commission (NMPRC) says it will rule on the 72 million proposal.