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Variable Interest Entities - Narrative (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
MW
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
MW
Jun. 30, 2024
USD ($)
May 31, 2025
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 | Valencia            
Variable Interest Entity [Line Items]            
Payment for fixed costs $ 5.0 $ 5.1 $ 9.9 $ 10.2    
Payment for variable costs $ 0.9 $ 0.4 $ 1.4 $ 0.5    
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   167