El Paso City Requests Rehearing on Electric Rate Increase Decision

The City of El Paso has officially requested a rehearing regarding the recent decision made by the Public Utility Commission of Texas (PUCT) on El Paso Electric's rate increase. In February, the PUCT approved a smaller rate hike than what El Paso Electric initially sought, resulting in an estimated $60 million reduction in base-rate revenue. The city's motion highlights concerns over how FERC Transmission revenue credits are applied and the impact of the rate increase on residential customers. City Attorney Karla Nieman emphasized the city's commitment to ensuring customers benefit from available credits to potentially lower their bills. This move is crucial for residents who may face increased utility costs.

Key Details: • City of El Paso filed a motion for rehearing on the rate case. • PUCT approved a reduced rate increase in February, impacting customer bills. • City seeks reconsideration of FERC revenue credits and residential rate decisions. • Final PUCT order will determine the exact customer impact.