New Mexico utility outlines rate increase for customers

SANTA FE, N.M. (AP) – Residential customers of New Mexico’s largest electric provider can expect to see an average increase of about 46 cents on their monthly bill beginning next month.
Public Service Co. of New Mexico calculated the increase as part of a compliance filing made Tuesday with the New Mexico Public Regulation Commission.
The filing marks one of the final steps in a contentious rate case that began last year. Regulators last week ended up adopting a revamped version of a