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: JUNE 3, 1994
TEXAS-NEW MEXICO POWER COMPANY
(Exact name of Registrant)
Texas
(State of Incorporation)
2-97230 75-0204070
(Commission File No.) (IRS Employer
Identification No.)
4100 International Plaza
Fort Worth, Texas 76109
(Address of principal (Zip Code)
executive offices)
(817) 731-0099
(Registrant's telephone number)
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TEXAS-NEW MEXICO POWER COMPANY
FORM 8-K
ITEM 5. Other Events
Texas-New Mexico Power Company (TNP) announced on June 2, 1994, that the
Court of Appeals, Third District of Texas, has denied all motions for
rehearing of the decision rendered on August 25, 1993. The August 1993
ruling related to the 53rd District Court of Texas' decision on appeals of
the Public Utility Commission of Texas' (the Commission) final order in
Docket No. 9491 (TNP's application to include Unit 1 of TNP One, TNP's
Robertson County, Texas, generating facility, in its rate base).
The Court of Appeals' denial of motions for rehearing affirms the
court's positions that:
1 TNP is entitled to an additional $9.1 million in its rate base;
2 TNP One Unit 2 costs were not at issue in Docket No. 9491;
3 the Commission's disallowances of $30.4 million should be upheld; and
4 the Commission erred in failing to pass on to ratepayer's TNP's
federal income tax savings for expenses disallowed by the Commission.
The Court of Appeals' action clears the way for TNP to appeal unfavorable
positions, including the disallowances of $30.4 million and the federal
income tax issue, to the Texas Supreme Court.
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SIGNATURE OF REGISTRANT
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
TEXAS-NEW MEXICO POWER COMPANY
BY /s/ M. D. Blanchard
M. D. BLANCHARD
Corporate Secretary
Date: June 3, 1994
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