El Paso Electric Customers Face Rate Hike and New Charges Starting May

Beginning in May, El Paso Electric customers will experience an average monthly bill increase of approximately $13, raising typical residential charges from $98 to $111. This change follows the approval of a new pricing structure by the Public Utility Commission of Texas, which aims to recover $85 million annually for investments made in infrastructure since the last rate hike in 2021. Notably, the fixed monthly fee for residential customers will rise from $9.25 to $13.71, impacting those who conserve energy the most. Additionally, customers with rooftop solar systems will see an increase of about $7.50 per month as the utility adjusts fees to better align with maintenance costs. The changes could also affect local taxpayers, as public entities will no longer receive discounted rates.

Key Details: • Rate increase effective May 2024, average residential bill rising from $98 to $111. • Fixed monthly fee for residential customers increasing from $9.25 to $13.71. • Rooftop solar customers will see an additional charge of approximately $7.50 per month. • Public entities like school districts will face higher electricity rates without discounts.