v3.26.3
Variable Interest Entities - Narrative (Details)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
USD ($)
MW
Sep. 30, 2025
USD ($)
Sep. 30, 2026
USD ($)
MW
Sep. 30, 2025
USD ($)
May 31, 2025
MW
San Juan Generating Station | Coal supply          
Variable Interest Entity [Line Items]          
Cash used to support bank letter or credit arrangement $ 19.3   $ 19.3    
PNM | Valencia          
Variable Interest Entity [Line Items]          
Payment for fixed costs 5.3 $ 5.2 15.7 $ 15.1  
Payment for variable costs $ 1.5 $ 1.7 $ 2.9 $ 3.1  
Long-term contract option to purchase, ownership percentage (up to)     50.00%    
Long-term contract option to purchase, purchase price - percentage of adjusted NBV     50.00%    
Long-term contract option to purchase, purchase price - percentage of FMV     50.00%    
PNM | Purchased through May 2028 | Valencia          
Variable Interest Entity [Line Items]          
Number of megawatts purchased (in megawatts) | MW 155   155   167