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Variable Interest Entities - Narrative (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
USD ($)
MW
Sep. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
MW
Sep. 30, 2023
USD ($)
Dec. 05, 2022
MW
Jan. 31, 2016
USD ($)
San Juan Generating Station | Coal supply            
Variable Interest Entity [Line Items]            
Cash used to support bank letter or credit arrangement           $ 30.3
PNM            
Variable Interest Entity [Line Items]            
Number of megawatts purchased (in megawatts) | MW         64.1  
PNM | Valencia            
Variable Interest Entity [Line Items]            
Payment for fixed costs $ 5.2 $ 5.1 $ 15.3 $ 15.2    
Payment for variable costs $ 1.5 $ 1.4 $ 2.0 $ 4.1    
Long-term contract option to purchase, ownership percentage (up to)     50.00%      
Long-term contract option to purchase, purchase price - percentage of adjusted NBV     50.00%      
Long-term contract option to purchase, purchase price - percentage of FMV     50.00%      
PNM | Purchased through May 2028 | Valencia            
Variable Interest Entity [Line Items]            
Number of megawatts purchased (in megawatts) | MW 155   155