PNM: Changing Stand on Wind Power

Forbes - FARMINGTON, N.M. -- Public Service Company of New Mexico is challenging a directive from state regulators that it buy more wind power for its electricity customers. A PNM spokeswoman initially said the utility would comply with a state Public Regulation Commission order by spending up to $6 million annually for wind power from a New Mexico plant. But the company, which is a unit of Albuquerque, N.M.-based PNM Resources Inc. ( PNMPRA - news - people ), changed course last week and now says it will fight the commission's order. Read full story here: News New Mexico