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Variable Interest Entities - Narrative (Details)
$ in Millions
3 Months Ended
Mar. 31, 2025
USD ($)
MW
Mar. 31, 2024
USD ($)
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 | Valencia      
Variable Interest Entity [Line Items]      
Payment for fixed costs $ 4.9 $ 5.1  
Payment for variable costs $ 0.5 $ 0.1  
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