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El Paso Electric Seeks Rate Increase to Enhance Grid Reliability

KVIA•Saturday, March 28, 2026 at 2:24 AM•Yvonne Suarez

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El Paso Electric (EPE) has filed a general rate case with the New Mexico Public Regulation Commission to address a base revenue deficiency of approximately $70 million. This proposal, which includes a daily increase of 49 cents for residential customers, aims to recover costs from $400 million in investments made since 2020 to improve grid reliability and safety. EPE emphasizes that the rate adjustments will be phased in to ease the financial impact on customers, particularly low-income households, which may qualify for new Low-Income Riders to eliminate monthly charges. Community meetings are scheduled for April 7-8 to gather public input, as the review process by the NMPRC typically spans up to a year.

Key Details: • Proposed daily increase of 49 cents for residential customers during Phase I. • Community meetings on April 7-8 for public input. • New Low-Income Riders to waive charges for qualifying households. • Total of $400 million invested in grid improvements since 2020. • Rate adjustments will be phased to ease transitions for customers.

rate-increase utility new-mexico electricity community-meetings

People & Organizations

El Paso ElectricNew MexicoKelly TomblinNew Mexico Public Regulation Commission

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