Exhibit 16
[Deloitte & Touche LLP Phoenix letterhead]
March 4, 2013
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549-7561
Dears Sirs/Madams:
We have read Item 4.01 of PNM Resources, Inc.'s Form 8-K dated March 4, 2013, and have the following comments:
1. | We agree with the statements made in the last sentence of the first paragraph, and in the second and third paragraphs. |
2. | We have no basis on which to agree or disagree with the statements made in the first sentence of the first paragraph and in the fourth paragraph. |
Yours truly,
/s/ Deloitte & Touche LLP