Proposed Sale of NMGC to Bernhard Capital Partners

About the Sale

On July 30, 2026, the New Mexico Public Regulation Commission (NMPRC) approved the sale of New Mexico Gas Company to Bernhard Capital Partners. This change in ownership does not impact your natural gas service. Rates, billing cycles, how you receive your bill, how or where you pay your bill, and the services and programs we offer are all unchanged. 

This commission's final order, which gives approval for the sale, represents the final step in the regulatory process at this time. All parties are working diligently to complete the sale and transfer the business. Our employees and leadership team, with the support of Bernhard, remain focused on providing safe, reliable and affordable natural gas service to you.

Frequently Asked Questions

WHAT IS THE FINAL ORDER?

The final order is the official approval from the NMPRC for New Mexico Gas Company to be sold to Bernhard Capital Partners. This represents the final step in the regulatory process at this time. With approval in place, all parties are working diligently to complete the sale and transfer the business.

DOES THIS CHANGE ANYTHING FOR CUSTOMERS?
No. The final order is a regulatory action and does not impact NMGC’s operations or your natural gas service.

WHAT’S NEXT?
At this time, all parties are working diligently to complete the sale and transfer the business. Please know that the sale will not impact your service and customers do not need to take any action to continue service with NMGC. You can expect proactive communication from NMGC with any information important to customers.

WILL THE SALE IMPACT MY NATURAL GAS SERVICE?
No. Your service will continue seamlessly, and there will be no changes to your account number, rates, bill, billing cycle, payment options or programs available to you.

NMGC will continue to serve its customers just as it always has. After the sale is complete, the local employees who serve you today will continue to do so in their same roles, working from the same offices across our state. Our passion for safety and customer service is unchanged. 

HOW DOES THIS SALE BENEFIT CUSTOMERS AND OUR COMMUNITIES? 
As a part of the sale, Bernhard has committed nearly $87 million in benefits for customers and the communities NMGC serves, including:

  • Money back to customers: $22.4 million in rate credits will be applied to customer accounts, which equals more than $40 for a typical household.
  • No changes to rates: Your base rates will not increase or change because of this sale. Additionally, rates will continue to be set by the NMPRC - just as they always have been.
  • Up to $40 million in customer savings: With no changes to rates, customers are expected to see up to $40 million in total savings on energy costs.
  • Financial relief for low-income households: $7 million dedicated to bill assistance programs like HEAT NM, helping customers manage their energy costs.
  • Investing in New Mexico: $15 million dedicated to economic development initiatives, workforce programs, and other community priorities across New Mexico.
  • Supporting local causes: $2.5 million in charitable giving to local nonprofits.

HOW DO I CONTACT CUSTOMER SERVICE?
NMGC’s Customer Service contact information remains the same.

  • Phone: 1-888-NM-GAS-CO (1-888-664-2726) or 505-697-3335 
  • Email: customerservice@nmgco.com
  • In Person: Any of our 22 walk-in offices across the state. Find the location nearest you here.