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)  April 12, 2001
                                                  ------------------
                                                   March 31, 2001
                                                  ------------------


                      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 March 2001 and 2000 and the three  months ended March 31, 2001
and 2000 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         Three Months Ended
                                         March 31,               March 31,
                                   ---------------------- ---------------------
                                      2001        2000       2001        2000
                                   ---------- ----------- ---------- ----------
Electric Service:

Energy Sales - MWh (in thousands)
     Retail                              573         555      1,718       1,655
     Wholesale
         Firm Sales                       40          16        123          48
         Firm Surplus                    123          85        355         267
         Short Term / Uncommitted        996       1,055      2,680       3,049
                                   ---------- ----------- ---------- ----------

         Total Wholesale Sales         1,159       1,156      3,158       3,364
                                   ---------- ----------- ---------- ----------

         Total  Energy Sales           1,732       1,711      4,876       5,019
                                   ========== =========== ========== ==========

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                     509           528         2,089         1,817
                          ============ ============= ============= =============

          CDD                       0             0             0             0
                          ============ ============= ============= =============


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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:  April 12, 2001                             /s/ John R. Loyack
                                         ------------------------------------
                                                    John R. Loyack
                                         Vice President, Corporate Controller
                                             and Chief Accounting Officer
                                              (Officer duly authorized
                                                to sign this report)




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