PNM announces $100M in customer savings, early exit from Four Corners Power Plant

ALBUQUERQUE, N.M. (KRQE) – PNM and the Navajo Transitional Energy Company announced the signing of an agreement on Monday that PNM is exiting the Four Corners Power Plant seven years early. PNM states that the agreement unlocks about $100 million in customer savings and provides about $16 million in economic aid funds to the Navajo Nation if approved by regulators.