PNM Resources (FRA:98P) Total Electric Distribution Line Miles : 0.00 (As of . 20)

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What is PNM Resources Total Electric Distribution Line Miles?

The Distribution line carries electricity from the substation to consumers. Longer electric distribution line miles indicate more customers the company would serve, which might lead to more electricity delivery and a higher revenue.

The historical rank and industry rank for PNM Resources's Total Electric Distribution Line Miles or its related term are showing as below:

FRA:98P's Total Electric Distribution Line Miles is not ranked ^*
in the Utilities - Regulated industry.
Industry Median:
* Ranked among companies with meaningful Total Electric Distribution Line Miles only.

PNM Resources Total Electric Distribution Line Miles Historical Data

The historical data trend for PNM Resources's Total Electric Distribution Line Miles can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
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PNM Resources Total Electric Distribution Line Miles Chart

PNM Resources (FRA:98P) Total Electric Distribution Line Miles Explanation

Distribution lines carry electricity from the substations to the end users for residential and commercial use. Unlike transmission lines, distribution lines are low voltage lines. Longer electric distribution line miles indicate more customers the company would serve, which might lead to more electricity delivery and a higher revenue.

The origin of the electricity that consumers purchase varies. Some electric utilities generate all the electricity they sell using just the power plants they own. Other utilities purchase electricity from others such as power marketers and independent power producers or from a wholesale market organized by a regional transmission reliability organization.

Another similar term is Total Electric Transmission Line Miles. The difference between a transmission and a distribution line is that a transmission line helps in the movement of electricity from a power plant or power station to the various substations whereas the distribution line carries electricity from the substation to consumers.

PNM Resources Total Electric Distribution Line Miles Related Terms

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PNM Resources (FRA:98P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PNM Resources Inc (FRA:98P) » Definitions » Total Electric Distribution Line Miles

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Traded in Other Exchanges

PNM:USA

Address

414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289

Website

https://www.pnmresources.com

PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.

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