Electric Operating Revenues (Tables)

9 Months Ended

Sep. 30, 2023

A disaggregation of revenues from contracts with customers by the type of customer is presented in the table below.


	PNM		TNMP		PNMR Consolidated
Three Months Ended September 30, 2023	(In thousands)
Electric Operating Revenues:
Contracts with customers:
Retail electric revenue
Residential	$	111,406	$	69,556	$	180,962
Commercial	106,237		41,662		147,899
Industrial	19,891		10,665		30,556
Public authority	6,099		1,708		7,807
Economy energy service	4,958		—		4,958
Transmission	37,466		34,980		72,446
Wholesale energy service	62,804		—		62,804

Miscellaneous	1,507		984		2,491
Total revenues from contracts with customers	350,368		159,555		509,923
Alternative revenue programs	(939)		(4,038)		(4,977)
Other electric operating revenues	905		—		905
Total Electric Operating Revenues	$	350,334	$	155,517	$	505,851


Nine Months Ended September 30, 2023
Electric Operating Revenues:
Contracts with customers:
Retail electric revenue
Residential	$	339,307	$	147,413	$	486,720
Commercial	309,560		114,357		423,917
Industrial	65,524		36,359		101,883
Public authority	15,822		4,996		20,818
Economy energy service	24,999		—		24,999
Transmission	124,396		100,100		224,496
Wholesale energy sales	213,098		—		213,098

Miscellaneous	4,293		2,832		7,125
Total revenues from contracts with customers	1,096,999		406,057		1,503,056
Alternative revenue programs	9,963		2,286		12,249
Other electric operating revenues	11,779		—		11,779
Total Electric Operating Revenues	$	1,118,741	$	408,343	$	1,527,084


	PNM		TNMP		PNMR Consolidated
Three Months Ended September 30, 2022	(In thousands)
Electric Operating Revenues:
Contracts with customers:
Retail electric revenue
Residential	$	150,683	$	60,878	$	211,561
Commercial	136,314		41,705		178,019
Industrial	25,609		9,450		35,059
Public authority	6,893		1,720		8,613
Economy energy service	11,784		—		11,784
Transmission	44,513		28,881		73,394
Wholesale energy sales	220,219		—		220,219
Miscellaneous	1,368		961		2,329
Total revenues from contracts with customers	597,383		143,595		740,978
Alternative revenue programs	(599)		(11,044)		(11,643)
Other electric operating revenues	553		—		553
Total Electric Operating Revenues	$	597,337	$	132,551	$	729,888

Nine Months Ended September 30, 2022
Electric Operating Revenues:
Contracts with customers:
Retail electric revenue
Residential	$	368,159	$	146,367	$	514,526
Commercial	325,492		111,365		436,857
Industrial	68,351		27,388		95,739
Public authority	16,063		4,806		20,869
Economy energy service	31,726		—		31,726
Transmission	114,699		83,731		198,430
Wholesale energy sales	365,554		—		365,554

Miscellaneous	4,043		2,887		6,930
Total revenues from contracts with customers	1,294,087		376,544		1,670,631
Alternative revenue programs	1,039		(15,608)		(14,569)
Other electric operating revenues	17,674		—		17,674
Total Electric Operating Revenues	$	1,312,800	$	360,936	$	1,673,736