New Mexico's electricity prices are some of the lowest in the country. Solar is to thank
Reported byYale Climate Connections ↗·Sourced by Goodlede
Public Service Company of New Mexico (PNM) delivered 80% carbon-free electricity in 2025 after investing in solar energy, batteries, and wind—a transformation from nearly 80% fossil fuels just five years earlier in 2021. The state's 2019 Energy Transition Act mandates 50% renewable energy by 2030 and 100% zero-carbon electricity by 2045; PNM is on track to meet the 2045 deadline five years early, by 2040.
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