TNMP Files 2025 - 2027 System Resiliency Plan
TNMP, a subsidiary of TXNM Energy, Inc. (NYSE: TXNM), has filed its first System Resiliency Plan (SRP) with the Public Utility Commission of Texas. The plan outlines $600 million in capital investments and $151 million in related costs over three years to enhance the resiliency of its distribution system. The SRP includes eight Resiliency Measures focusing on distribution system improvements, modernization, vegetation management, wildfire mitigation, flood mitigation, enhanced technology, and security. This data-driven approach aims to address various risks across TNMP's diverse service territory in Texas. The plan is subject to PUCT approval, with investments recoverable primarily through semi-annual Distribution Cost Recovery Factor filings.
TNMP, una filiale di TXNM Energy, Inc. (NYSE: TXNM), ha presentato il suo primo Piano di Resilienza del Sistema (SRP) alla Commissione dei Pubblici Servizi del Texas. Il piano prevede 600 milioni di dollari in investimenti di capitale e 151 milioni di dollari in costi correlati per un periodo di tre anni, per migliorare la resilienza del suo sistema di distribuzione. Il SRP include otto Misure di Resilienza focalizzate sul miglioramento del sistema di distribuzione, modernizzazione, gestione della vegetazione, mitigazione degli incendi, mitigazione delle inondazioni, tecnologia avanzata e sicurezza. Questo approccio basato sui dati mira ad affrontare vari rischi nel diverso territorio di servizio di TNMP in Texas. Il piano è soggetto all'approvazione del PUCT, con investimenti recuperabili principalmente attraverso presentazioni semestrali del Fattore di Recupero dei Costi di Distribuzione.
TNMP, una subsidiaria de TXNM Energy, Inc. (NYSE: TXNM), ha presentado su primer Plan de Resiliencia del Sistema (SRP) ante la Comisión de Servicios Públicos de Texas. El plan detalla 600 millones de dólares en inversiones de capital y 151 millones de dólares en costos relacionados durante tres años para mejorar la resiliencia de su sistema de distribución. El SRP incluye ocho Medidas de Resiliencia centradas en mejoras del sistema de distribución, modernización, gestión de la vegetación, mitigación de incendios, mitigación de inundaciones, tecnología avanzada y seguridad. Este enfoque basado en datos tiene como objetivo abordar varios riesgos en el diverso territorio de servicio de TNMP en Texas. El plan está sujeto a la aprobación del PUCT, con inversiones recuperables principalmente a través de presentaciones semestrales del Factor de Recuperación de Costos de Distribución.
TNMP는 TXNM Energy, Inc.(NYSE: TXNM)의 자회사로서 텍사스 공공 유틸리티 위원회에 첫 번째 시스템 회복력 계획(SRP)을 제출했습니다. 이 계획은 6억 달러의 자본 투자와 1억 5천1백만 달러의 관련 비용을 3년 동안 투입하여 배급 시스템의 회복력을 강화하는 내용을 담고 있습니다. SRP는 배급 시스템 개선, 현대화, 식생 관리, 산불 완화, 홍수 완화, 기술 향상 및 보안을 중심으로 한 8가지 회복력 조치를 포함하고 있습니다. 이 데이터 기반 접근법은 텍사스 내 TNMP의 다양한 서비스 지역에서 발생할 수 있는 다양한 위험을 해결하는 것을 목표로 하고 있습니다. 이 계획은 PUCT의 승인을 받아야 하며, 투자금 회수는 주로 반기별 배급 비용 회수 요소 제출을 통해 이루어집니다.
TNMP, une filiale de TXNM Energy, Inc. (NYSE : TXNM), a soumis son premier Plan de Résilience du Système (SRP) à la Commission des Services Publics du Texas. Le plan prévoit 600 millions de dollars d'investissements et 151 millions de dollars de coûts associés sur trois ans pour renforcer la résilience de son système de distribution. Le SRP comprend huit Mesures de Résilience axées sur les améliorations du système de distribution, la modernisation, la gestion de la végétation, la prévention des incendies, la prévention des inondations, la technologie avancée et la sécurité. Cette approche axée sur les données vise à traiter divers risques dans le territoire de service diversifié de TNMP au Texas. Le plan doit être approuvé par le PUCT, les investissements étant récupérables principalement par le biais de dépôts semestriels du Facteur de Récupération des Coûts de Distribution.
TNMP, eine Tochtergesellschaft von TXNM Energy, Inc. (NYSE: TXNM), hat ihren ersten Systemresilienzplan (SRP) bei der Texas Public Utility Commission eingereicht. Der Plan skizziert 600 Millionen Dollar an Investitionen und 151 Millionen Dollar an damit verbundenen Kosten über einen Zeitraum von drei Jahren, um die Resilienz ihres Verteilungssystems zu verbessern. Der SRP beinhaltet acht Resilienzmaßnahmen, die sich auf Verbesserungen des Verteilungssystems, Modernisierung, Vegetationsmanagement, Brandbekämpfung, Hochwasserminderung, verbesserte Technologie und Sicherheit konzentrieren. Dieser datengestützte Ansatz zielt darauf ab, verschiedene Risiken im vielfältigen Dienstgebiet von TNMP in Texas zu adressieren. Der Plan bedarf der Genehmigung durch die PUCT, wobei Investitionen hauptsächlich über halbjährliche Einreichungen des Verteilungs-Kostenrückgewinnungsfaktors zurückgewonnen werden.
- TNMP is investing $600 million in capital and $151 million in related costs over 3 years to improve system resiliency
- The plan includes eight comprehensive Resiliency Measures to enhance infrastructure and service reliability
- Investments are prioritized based on customer benefit and risk reduction
- The company can recover investments through semi-annual Distribution Cost Recovery Factor filings
- The $751 million total investment may impact the company's financial position in the short term
- The plan is subject to PUCT approval, which introduces regulatory uncertainty
- Recovery of some expenses will be deferred, potentially affecting near-term financial results
TNMP's $600 million capital investment and $151 million in related costs over three years represent a significant financial commitment. This
Investors should note the deferral of depreciation and certain expenses until recovery begins, which could affect short-term financial metrics. The
The System Resiliency Plan (SRP) demonstrates TNMP's proactive approach to infrastructure modernization. The eight Resiliency Measures outlined cover critical areas such as wildfire mitigation, flood mitigation and cybersecurity, addressing diverse risks across TNMP's non-contiguous service areas. This comprehensive strategy aligns with industry best practices for grid hardening and resilience.
The focus on customer benefit and lower-performing areas suggests a targeted approach that could lead to improved reliability metrics and customer satisfaction. The inclusion of operational and cybersecurity technologies indicates a forward-thinking stance on emerging threats. Overall, this plan positions TNMP well to meet future challenges in the evolving utility landscape.
The filing of the System Resiliency Plan with the Public Utility Commission of Texas (PUCT) is a significant regulatory step for TNMP. The 180-day approval process introduces a period of regulatory uncertainty, but aligns with Texas legislation. The plan's data-driven approach and focus on customer benefits could strengthen its case for approval.
The proposed semi-annual Distribution Cost Recovery Factor filings for investment recovery represent a balanced approach, potentially allowing for more timely cost recovery while maintaining regulatory oversight. This mechanism, if approved, could provide a more predictable path for future infrastructure investments. Investors should monitor the PUCT's response closely, as it will set a precedent for future resilience-focused regulatory filings in Texas.
ALBUQUERQUE, N.M., Aug. 29, 2024 /PRNewswire/ -- TNMP, the
The filed plan includes measures totaling
"Service to our customers is paramount and TNMP has been consistently increasing investments in system hardening and modernization to strengthen our service to customers," said Pat Vincent-Collawn, TXNM Energy Chairman and CEO. "This filing demonstrates TNMP's continued commitment to ensuring the reliability and resiliency of our infrastructure during high-risk events across each diverse region of our service territory."
TNMP's service territory includes non-contiguous areas across different regions of
Eight different Resiliency Measures are outlined in the SRP with associated programs and infrastructure impacts to improve the system's ability to prevent, withstand, mitigate and/or more promptly recover from resiliency events: Distribution System Resiliency, Distribution System Protection Modernization, Vegetation Management, Wildfire Mitigation, Flood Mitigation, Enhanced Operations System Technology, Cybersecurity and Physical Security Resiliency.
The SRP is subject to PUCT approval over 180 days as stated in
Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in
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