Form 8-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM 8-K
CURRENT REPORT
 
 
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 

Date of Report (Date of earliest event reported)
    April 18, 2006
  
  
   (March 31, 2006)
  

Commission
 
Name of Registrants, State of Incorporation,
  
I.R.S. Employer
File Number
  
Address and Telephone Number
  
Identification No.
         
001-32462
  
PNM Resources, Inc.
  
85-0468296
   
(A New Mexico Corporation)
    
   
Alvarado Square
    
   
Albuquerque, New Mexico 87158
    
   
(505) 241-2700
    
         
001-06986
  
Public Service Company of New Mexico
  
85-0019030
   
(A New Mexico Corporation)
    
   
Alvarado Square
    
   
Albuquerque, New Mexico 87158
    
   
(505) 241-2700
    
         
002-97230
  
Texas-New Mexico Power Company
  
75-0204070
   
(A Texas Corporation)
    
   
4100 International Plaza,
   
   
P.O. Box 2943
    
   
Fort Worth, Texas 76113
    
   
(817) 731-0099
    
______________________________
 
(Former name, former address and former fiscal year, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

o Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c)
 

Item 7.01 Regulation FD Disclosure.

PNM Resources, Inc. and Subsidiaries (“PNMR” or the "Company") is furnishing in this Current Report on Form 8-K select Comparative Operating Statistics for the months of March 2006 and 2005 and the three months ended March 31, 2006 and March 31, 2005 to provide investors with key monthly business indicators. Readers of this Current Report on Form 8-K should refer to the Management’s Discussion and Analysis of Financial Condition and Results of Operation in the Company’s annual and quarterly periodic reports on Form 10-K and Form 10-Q, respectively, for a discussion of actual results of operations and any significant trends.

The Company’s principal operating subsidiaries are Texas-New Mexico Power Company (“TNMP”), a regulated utility operating in Texas and New Mexico, First Choice Power (“First Choice”), a certified retail electric provider operating in Texas, and Public Service Company of New Mexico (“PNM”), a regulated utility subsidiary operating in New Mexico. Select Comparative Operating Statistics for these subsidiaries are included in the information presented below.

 
Month Ended
  
Three Months Ended
  
 
March 31,
  
March 31,
  
 
2006
  
2005
  
2006
  
2005
  
     
(In thousands)
      
Energy Sales - MWh (1)
                
Regulated Sales:
                
PNM Electric
616
  
597
  
1,861
  
1,789
  
TNMP Electric
515
  
522
  
1,594
  
1,618
  
                 
Total Regulated Sales
1,131
  
1,119
  
3,455
  
3,407
  
                 
Unregulated Sales:
                
PNM Wholesale Long Term
164
  
247
  
583
  
725
  
PNM Wholesale Short Term
913
  
876
  
2,221
  
2,125
  
First Choice
241
  
244
  
739
  
880
  
                 
Total Unregulated Sales
1,318
  
1,367
  
3,543
  
3,730
  


(1) Megawatt hours are presented on a segment basis only. The sum of segment megawatt hours is not presented as it includes intersegment activity and would not properly reflect total megawatt hours for the consolidated Company.



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Heating Degree Day (“HDD”) values and Cooling Degree Day (“CDD”) values represent the accumulation in degrees that the daily mean temperature was below or above, respectively, 65 degrees Fahrenheit during a period of time, typically corresponding to a calendar month.

Statistics on HDD and CDD are taken from the service territories of the service provider. PNM’s HDD and CDD statistics are based on weather in Albuquerque, New Mexico. TNMP’s HDD and CDD statistics are based on data from Waco, Houston, Wink, Dallas and Fort Worth, Texas and Alamogordo and Deming, New Mexico. HDD and CDD statistics for First Choice are based on data from Waco, Houston, Wink, Dallas and Fort Worth, Texas.

Weather - Cycle-Weighted HDD and CDD:

 
Month Ended
  
Three Months Ended
  
 
March 31,
  
March 31,
  
 
2006
  
2005
  
2006
  
2005
  
PNM
                
                 
HDD
575
  
597
  
2,100
  
2,088
  
                 
CDD
-
  
-
  
-
  
-
  
                 
TNMP (1)
                
HDD
245
  
253
  
939
  
1,029
  
                 
CDD
51
  
27
  
74
  
65
  
                 
First Choice (1)
                
HDD
234
  
235
  
887
  
973
  
                 
CDD
56
  
30
  
81
  
72
  


(1) Effective for the month of March 31, 2006 and the three months ended March 31, 2006, the Company changed the source data used for TNMP and First Choice HDD and CDD to be consistent with that used for PNM; therefore, the three months ended March 31, 2006 will not agree to a sum of previously reported 2006 amounts.




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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 
PNM RESOURCES, INC.
 
PUBLIC SERVICE COMPANY OF NEW MEXICO
 
TEXAS-NEW MEXICO POWER COMPANY
 
(Registrants)
   
   
Date: April 18, 2006
/s/ Thomas G. Sategna
 
Thomas G. Sategna
 
Vice President and Corporate Controller
 
(Officer duly authorized to sign this report)

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