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Variable Interest Entities - Schedule of Operations for Valencia (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Results of Operations          
Electric Operating Revenues $ 569,256 $ 505,851 $ 1,494,235 $ 1,527,084  
Operating Expenses 378,176 419,199 1,116,882 1,249,011  
Earnings Attributable to Non-controlling Interest 5,064 5,058 11,891 14,172  
Financial Position          
Current assets 495,694   495,694   $ 475,543
Net utility plant 8,211,382   8,211,382   7,609,862
Total assets 10,843,481 10,050,841 10,843,481 10,050,841 10,252,605
Current liabilities 1,369,643   1,369,643   1,230,760
Equity – Non-controlling Interest 48,069   48,069   49,958
Public Service Company of New Mexico          
Results of Operations          
Electric Operating Revenues 406,519 350,334 1,048,305 1,118,741  
Operating Expenses 272,510 319,638 805,255 955,726  
Earnings Attributable to Non-controlling Interest 5,064 5,058 11,891 14,172  
Financial Position          
Current assets 375,217   375,217   377,837
Net utility plant 5,045,650   5,045,650   4,739,702
Total assets 7,164,439   7,164,439   6,813,065
Current liabilities 900,237   900,237   839,194
Equity – Non-controlling Interest 48,069   48,069   49,958
Valencia | Public Service Company of New Mexico          
Results of Operations          
Electric Operating Revenues 6,659 6,679 17,324 19,427  
Operating Expenses 1,595 1,621 5,433 5,255  
Earnings Attributable to Non-controlling Interest 5,064 $ 5,058 11,891 $ 14,172  
Financial Position          
Current assets 3,859   3,859   3,422
Net utility plant 45,122   45,122   47,253
Total assets 48,981   48,981   50,675
Current liabilities 912   912   717
Equity – Non-controlling Interest $ 48,069   $ 48,069   $ 49,958