TNMP, a wholly-owned subsidiary of TXNM Energy, has filed an unopposed settlement with the Public Utility Commission of Texas (PUCT) for its System Resiliency Plan. This settlement outlines significant capital investments aimed at enhancing the resilience of TNMP's distribution system.
The settlement includes $565.8 million in capital investments to be deployed over the period of 2025 through 2027, representing 94 percent of TNMP's originally proposed plan investments. These funds are designated for mitigating various resiliency events that pose risks to the safe and reliable operation of the system.
Additionally, the settlement encompasses $128.2 million in operations and maintenance expenses associated with several programs, including vegetation management and wildfire mitigation. These program costs may be deferred to the balance sheet and included in future Distribution Cost Recovery Factor filings, subject to PUCT approval.
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