Public Service Company of New Mexico PFD 4.58% 8K Regulation FD Disclosure

UNITED STATES
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 (Date of earliest events reported)		October 15, 2004
		(September 30, 2004)


Commission	Name of Registrants, State of Incorporation,		I.R.S. Employer
File Number	Address and Telephone Number		Identification No.

333-32170	PNM Resources, Inc.		85-0468296
	(A New Mexico Corporation)
	Alvarado Square
	Albuquerque, New Mexico 87158
	(505) 241-2700

1-6986	Public Service Company of New Mexico		85-0019030
	(A New Mexico Corporation)
	Alvarado Square
	Albuquerque, New Mexico 87158
	(505) 241-2700

______________________________

(Former name, former address and former fiscal year, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)

[ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c)

Item 7.01 Regulation FD Disclosure

The Company is filing in this Form 8-K select Comparative Operating Statistics for the months of September 2004 and 2003 and the nine months ended September 2004 and 2003 to provide investors with key monthly business indicators. Readers of this Form 8-K should refer to the Management's Discussion and Analysis of Financial Condition and Results of Operations in the Company's annual and quarterly periodic reporting on Form 10-K and Form 10-Q, respectively, for a discussion of actual results of operations and any significant trends.

PNM Resources, Inc. and Subsidiaries
Comparative Operating Statistics

			Month Ended		Nine Months Ended
			September 30,			September 30,
			2004	2003		2004	2003
Electric Service:

Energy Sales - MWh (in thousands)
	Retail		639	622		5,671	5,539
	Wholesale
		Long Term Sales	253	209		2,216	1,784
		Forward Sales	390	391		2,795	2,580
		Short Term Sales	509	507		4,767	4,387

		Total Wholesale Sales	1,152	1,107		9,778	8,751

		Total Energy Sales	1,791	1,729		15,449	14,290

Weather:

Heating and Cooling Days - Albuquerque, NM

The heating degree-day value (HDD) is the accumulation in degrees that the daily mean temperature was below 65 degrees F. The cooling degree-day value (CDD) is the accumulation in degrees that the daily mean temperature was above 65 degrees F.

	HDD	28	1	2,330	2,163

	CDD	146	176	1,302	1,645

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	PNM RESOURCES, INC. AND
	PUBLIC SERVICE COMPANY OF NEW MEXICO
	(Registrants)


Date: October 15, 2004	/s/ Thomas G. Sategna
	Thomas G. Sategna
	Vice President and Corporate Controller
	(Officer duly authorized to sign this report)

Public Service Company of New Mexico PFD 4.58% (PNMXO) 8-KRegulation FD Disclosure