NMPRC Form CH-3 (Revised 6 19) Page 1 of 6 APPLICATION 2025

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The Financial Institutions Division is responsible for supervision and regulation of New Mexico credit unions organized under the Credit Union Act 58-11-1, et seq., NMSA 1978.
The New Mexico Public Regulation Commission is constitutionally created and is charged by the Legislature with regulating public utilities, telecommunications companies, and insurance companies to the extent necessary to provide just and reasonable rates and to assure reasonable, adequate and efficient service for the
We also serve the New Mexico tribal communities of the Tesuque, Cochiti, Santo Domingo, San Felipe, Santa Ana, Sandia, Isleta and Laguna Pueblos (portions of the Eastern reservation area). PNM is regulated by the New Mexico Public Regulation Commission and the Federal Energy Regulatory Commission.
NMPRC Mission Statement What We Do The Public Regulation Commission serves New Mexico by ensuring safe operations and reliable utility services at fair, just, and reasonable rates consistent with the States legal, economic, environmental, and social policies.
In New Mexico, anyone engaged in mortgage loan business activities, whether a company or individual, must hold a license. The mortgage licenses are regulated and issued by the New Mexico Financial Institutions Division.
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In 1946, the Albuquerque Gas and Electric Company changed its corporate name to the Public Service Company of New Mexico (PNM) and acquired the properties of utilities in other New Mexico cities, including New Mexico Power Company, Deming Ice and Electric Company, and Las Vegas Light and Power Company.
The New Mexico Public Regulation Commission or PRC is an independent agency created by the New Mexico Constitution.

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