TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc., has received approval from the Public Utility Commission of Texas (PUCT) for its recent Transmission Cost of Service (TCOS) application. This approval allows for the recovery of incremental transmission rate base.
On March 25, 2025, the PUCT approved TNMP's Application for Interim Update of Wholesale Transmission Rates. This decision results in an approved annual rate increase of $11.5 million.
The rate increase is designed to recover $83.5 million of incremental transmission rate base, with the associated rates becoming effective immediately upon approval. This regulatory action supports TNMP's ongoing investments in its transmission infrastructure.
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