Where are New Mexico's Electricity Sources?
New Mexico in 1994: 70\% from coal, 25\% from nuclear, 1\% from gas turbines and
small internal combustion engines, and 4\% from hydroelectric,
geothermal, solar, wind, and biomass.
New Mexico electric customers are served by:
four private (``investor-owned'') utilities,
sixteen rural electric cooperatives incorporated in New Mexico
additional rural electric cooperatives, two incorporated in Arizona and one
utility (half the NM market) is PNM (Public Service Company of New Mexico). PNM
is an ``investor-owned utility'', with stockholders owning more than 44 million shares
in common stock. Its primary legal obligation is to make profits for
its stock holders.
Most of PNM's power comes from the San Juan Generating Plant in the four corner's area of New Mexico:
Some of PNM's power comes from the Palo Verde Nuclear Power Generating Plant, 55 miles west of Phoneix Arizona, the largest power producer of any kind in the country (3810 megawatts).