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Exhibit 107

Calculation of Filing Fee Tables

Form S-3

(Form Type)

PNM Resources, Inc.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

Security Type

Security Class Type(1)

Fee Calculation or Carry Forward Rule

Amount Registered(1)

Proposed Maximum Offering Price Per Unit(1)

Maximum Aggregate Offering Price(1)

Fee Rate (4)

Amount of Registration Fee(4)

Carry Forward Form Type

Carry Forward File Number

Carry Forward Initial Effective Date

Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward

Newly Registered Securities

Fees to be Paid

Debt

Debt Securities

Rule 456(b) and Rule 457(r)(4)

Equity

Common Stock, no par value

Rule 456(b) and Rule 457(r)(4)

Equity

Preferred Stock, no par value

Rule 456(b) and Rule 457(r)(4)

Other

Warrants(2)

Rule 456(b) and Rule 457(r)(4)

Other

Securities Purchase Contracts

Rule 456(b) and Rule 457(r)(4)

Other

Units(3)

Rule 456(b) and Rule 457(r)(4)

Fees Previously Paid

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Carry Forward Securities

Carry Forward Securities

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Total Offering Amounts

N/A

Total Fees Previously Paid

N/A

Total Fees Offsets

N/A

Net Fee Due

N/A

(1)An indeterminate aggregate initial offering price and number of shares or amount of securities of each identified class is being registered as may, from time to time, be offered at indeterminate prices. Separate consideration may or may not be received for securities that are issuable on exercise, conversion or exchange of other securities.

(2)The warrants covered by this registration statement may be warrants to purchase common stock, preferred stock or debt securities.

(3)Each unit will be issued under a unit agreement or indenture and will represent an interest in two or more securities registered hereby, which may or may not be separable.

(4)In accordance with Rules 456(b) and 457(r) of the Securities Act of 1933, as amended, PNM Resources, Inc. is deferring payment of all of the registration fee, which will be calculated based on the fee rate in effect at the time of such fee payment.