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New Mexico Supreme Court Denies El Paso Electric's Rate Recovery Request

KVIA••Gabrielle Lopez
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The New Mexico Supreme Court has ruled against El Paso Electric Company (EPE), preventing the utility from recovering losses associated with rates that were invalidated in a 2023 decision. This unanimous ruling supports the Public Regulation Commission's earlier denial of EPE's proposal to recoup losses incurred between 2021 and 2023. The Court emphasized that EPE failed to take necessary actions, such as requesting a stay or interim rates, during its appeal process. This decision is significant as it upholds protections against retroactive rate changes, ensuring that customers are not charged differently for past transactions without prior notice.

Key Details: • EPE's request to recover rate losses from June 2021 to June 2023 was denied. • The ruling reinforces the importance of due process in utility rate setting. • Effective date for any new rates will not be retroactively changed.

el-paso-electric utilities supreme-court public-regulation rate-changes

People & Organizations

Las CrucesNew MexicoEl Paso Electric CompanyPublic Regulation Commission

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