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 events reported)

 March 17, 2005      

(February 28, 2005)

  

 

Commission

 

Name of Registrants, State of Incorporation,

 

I.R.S. Employer

File Number

  

Address and Telephone Number

  

Identification No.
         

333-32170

   PNM Resources, Inc.   85-0468296
  (A New Mexico Corporation)    
  Alvarado Square    
  Albuquerque, New Mexico  87158    
  (505) 241-2700    
       

1-6986

   Public Service Company of New Mexico   85-0019030
  (A New Mexico Corporation)    
  Alvarado Square    
  Albuquerque, New Mexico  87158    
  (505) 241-2700    

______________________________

 

(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:

[ ]   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

[ ]   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 (the "Company") is filing in this Form 8-K select Comparative Operating Statistics for the months of February 2005 and 2004 and the two months ended February 28, 2005 and February 29, 2004 to provide investors with key monthly business indicators.  Readers of this Form 8-K should refer to the Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's annual and quarterly periodic reporting on Form 10-K and Form 10-Q, respectively, for a discussion of actual results of operations and any significant trends.

PNM Resources, Inc. and Subsidiaries

Comparative Operating Statistics

Month Ended

Twelve Months Ended

February 28/29,

 

February 28/29,

2005

 

2004

 

2004

 

2003

Electric Service:

Energy Sales - MWh (in thousands)

Retail

557

578

1,192

1,207

Wholesale

Long Term Sales

226

233

479

480

Forward Sales

192

248

369

375

Short Term Sales

421

512

879

1,104

Total Wholesale Sales

839

993

1,727

1,959

Total Energy Sales

1,396

1,571

2,919

3,166

Forward sales, by their nature, are entered into prior to the month in which they are reported.  The decrease in Forward Sales volume for December 2004 from 2003 is attributed to minimal market spreads in the Forward Sales market.

Weather:

Heating and Cooling Days - Albuquerque, NM

The heating degree-day value (HDD) is the accumulation in degrees that the daily mean temperature was below 65 degrees Fahrenheit.  The cooling degree-day value (CDD) is the accumulation in degrees that the daily mean temperature was above 65 degrees Fahrenheit.

 

 

HDD

598

787

1,314

1,605

CDD

0

0

0

0

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. AND

PUBLIC SERVICE COMPANY OF NEW MEXICO

(Registrants)
 

Date:  March 17, 2005

/s/ Thomas G. Sategna

Thomas G. Sategna

Vice President and Corporate Controller

(Officer duly authorized to sign this report)