Posted earlier:
>
> With fossil fuel energy (Heating, Cooling & Motor Fuel) cost heading toward
> $3.00/therm or $30.00/million BTU,
>
With Distribution, Transmission, Access, and franchise fees Natural Gas is running about $.90 per therm. Add 30% to 40% for heat out the chimney
Coal Generated Electricity @ $0.09/kw-hr is costing about $2.75 per therm.
PNM is traded at NYSE. They own a share of the Palo Verde Nuclear facility too.
Frederick
