El Paso Electric Company is a public utility company that provides electricity to over 100,000 customers in southern New Mexico. The company was founded in 1901 and has since expanded its operations to include parts of Texas and other surrounding areas. El Paso Electric Company generates electricity primarily from natural gas and coal-fired power plants, with a smaller percentage coming from renewable sources such as wind and solar. The company has a strong commitment to improving energy efficiency and offers various programs and incentives to its customers to encourage them to use less electricity. El Paso Electric Company is regulated by the New Mexico Public Regulation Commission and is committed to providing reliable and affordable electricity to its customers in the state.
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epelectric.com
El Paso Electric Company - New Mexico's energy comes from natural gas, wind, and solar. Natural Gas is the largest source of electricity, providing 88% of El Paso Electric Company - New Mexico's energy. Wind is the second largest source, making up 6%. Solar provides 5% of El Paso Electric Company - New Mexico's electricity.
89%
Natural Gas
6%
Wind
5%
Solar
The average electricity rate for El Paso Electric Company - New Mexico customers is 11.84 cents/kWh. El Paso Electric Company - New Mexico has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| RS (Residential Service) Renewable Energy Rate | Fixed | 19¢ to 22¢ |
| RS - TOD Voluntary Renewable Energy Rider | TOU | 16¢ to 27¢ |
| RS - TOD Renewable Energy Rate | TOU | 19¢ to 30¢ |
| Residential Service | TOU | 11¢ to 26¢ |
| Residential Service | Fixed | 11¢ to 16¢ |
In 2021, the average El Paso Electric Company - New Mexico customer lost electricity one time for a duration of 149 minutes. In total, the average El Paso Electric Company - New Mexico customer had their electricity out for about 193 minutes during the whole year.
Either credited to customer's next bill at avoided cost rate or excess kWh generated are credited to the account and rolled over indefinitely (equivalent to retail rate) (e.g., available to PNM customers). If customer leaves the utility, unused credits are paid out at the avoided cost rate.
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