Good Neighbor Fund Application - PNM 2025

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Monthly electric bills are a product of how much electricity you use per month and your electric rate. In Albuquerque, NM, the average monthly electric bill for residential customers is $178/month, which is calculated by multiplying the average monthly consumption by the average electric rate: 1,122.00 kWh * 16 /kWh.
Request a payment extension online Make your request online by logging into your PNM Online Account, or if you do not have an online account, sign up for one today. Once you are logged in, look for and select these links in this order: View Detailed Bill, Make a Payment and then Payment Extension.
Use a Programmable Thermostat. Consider using a programmable thermostat to automatically have it do all the work for you. Set your cooling thermostat as high as comfort permits. The higher the setting, the more energy youll save which will cost you less in energy bills.
Unpaid balance or other charges There may be other charges beyond electric service such as any additional service fees (i.e. deposits, connection/disconnection fees or returned check fees), or if the price of electricity for residential service increased due to a recent PNM rate or fuel case.
Benefits of Budget Billing include: Its predictable - you always know what your bill will be. It helps you stay on budget. The program is free, and youll only pay for the energy that you actually use.
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Applications are accepted October 1st through August 31st, as long as funds are available. Here is how to apply: 1. Visit a New Mexico Human Services office or visit the YesNM Portal.
The most common causes for sudden and dramatic increases in energy usage are either faulty appliances or corroded/damaged wiring. If you know where your electrical meter is, you can perform a simple test. Turn off every circuit breaker in the breaker panel, and look at the meter to see if its still registering usage.
Eligibility guidelines To be eligible, your annual household income must be within 60-80% of the state median income level and you must not qualify for any federally funded assistance programs.

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