UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                         SECURITES EXCHANGE ACT OF 1934


Date of Report (Date of earliest events reported) January 18, 2001
                                                  ------------------
                                                  December 31, 2000
                                                  ------------------


                      PUBLIC SERVICE COMPANY OF NEW MEXICO
             (Exact name of registrant as specified in its charter)


         New Mexico                                          85-0019030
 ---------------------------     Commission              ----------------------
(State or Other Jurisdiction     File Number 1-6986        (I.R.S. Employer
     of Incorporation)                       ------      Identification) Number)



  Alvarado Square, Albuquerque, New Mexico                      87158
  ----------------------------------------                      -----
  (Address of principal executive offices)                    (Zip Code)



                                 (505) 241-2700
                                 --------------
              (Registrant's telephone number, including area code)


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






Item  9.   Regulation FD Disclosure

The Company is filing in this Form 8-K select Comparative  Operating  Statistics
for the months of December  2000 and 1999 and the twelve  months ended  December
31, 2000 and 1999 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.

              Public Service Company of New Mexico And Subsidiaries
                        Comparative Operating Statistics

                                          Month Ended       Twelve Months Ended
                                          December 31,           December 31,
                                     -------------------    --------------------
                                       2000       1999        2000        1999
                                     --------   --------    --------    --------
Electric Service:

Energy Sales - MWh (in thousands)
     Retail                             580        554        7,089       6,804
     Wholesale
         Firm Sales                      17         17          194         179
         Firm Surplus                   142         77        1,358       1,007
         Short Term / Uncommitted       771        972       10,800       9,986
                                     --------   --------    --------    --------

         Total Wholesale Sales          930      1,066       12,352      11,172
                                     --------   --------    --------    --------

         Total  Energy Sales          1,510      1,620       19,441      17,976
                                     ========   ========    ========    ========

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

          HDD                           858        902        3,990       3,767
                                     ========   ========    ========    ========

          CDD                             0          0        1,700       1,118
                                     ========   ========    ========    ========



                                       2



SIGNATURES

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 thereunto duly authorized.
                                       PUBLIC SERVICE COMPANY OF NEW MEXICO
                                                    (Registrant)


Date:  January 18, 2001                          /s/ John R. Loyack
                                         ------------------------------------
                                                    John R. Loyack
                                         Vice President, Corporate Controller
                                             and Chief Accounting Officer
                                              (Officer duly authorized
                                                to sign this report)




                                       3