El Paso Electric Seeks Rate Increase for New Mexico Customers

Want the full story?
Read the complete article at KTSM
AI Summary
El Paso Electric (EPE) has submitted a general rate case to the New Mexico Public Regulation Commission on March 27, aiming to adjust base rates for its New Mexico customers. This proposed increase is based on $400 million in investments made by the company, which are intended to enhance service and infrastructure. The outcome of this rate case could significantly impact customers' utility bills, making it a crucial issue for residents in the region. Stakeholders and customers are encouraged to stay informed about the proceedings and potential changes.
Key Details: • General rate case filed on March 27, 2023. • Proposed increase linked to $400 million in investments. • Impacts utility bills for New Mexico customers. • Stay updated on the New Mexico Public Regulation Commission's decisions.