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Adjustment Clause Defined

See CLAUSE, ADJUSTMENT.

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News and Features for Rio Rancho, New Mexico

Published October 11, 2008, 11:50 pm, The Observer

You might have to dig a little deeper into your pockets next summer to pay the bills. That’s because PNM is looking to raise its rates again. The power company asked state regulators on Monday to approve a $123.3 million increase in electric rates, which translates into an 18 percent hike.

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