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Audit Evaluates Compliance With Accounting And Reporting Regulations - The Division Of Audits Addresses Deficiencies In The AFUDC Rate Computation
On February 7, the Division of Audits of the Office of Enforcement of the Federal Energy Regulatory Commission (FERC) issued a report presenting the areas of noncompliance it identified during an audit of PNM Resources (PNMR), an energy holding company, and Public Service Company of New Mexico (PNM), a wholly owned public utility operating company subsidiary of PNMR.
Morgan Lewis
