COVID PNM RELIEF

·    $500 assistance for PNM customers in arrears (recently increased from $200)

·    A total of $500,000 can be awarded to small business customers

·    Deadline to apply is March 31, 2021

·    Fill out an application online here

What are the Requirements for a Small Business to Qualify?

·    On Small Power Service (PNM 2A or 2B rate).

·    Be a nonprofit 501(c)3 or a small business in one of the following industries: restaurant, retail, hospitality, services (e.g. salon, massage business, small automotive garage), or leisure/entertainment with 50 or fewer employees.

·    An active non-residential PNM Electric customer for the past 6 months.

·    Experiencing financial hardships due to COVID-19, with a past due account.

·    PNM customer must pay at least 25% of the past due balance and enter a payment arrangement for the remaining past due balance.