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El Paso Electric rate increase

Electric · Texas, New Mexico · Investor-owned utility · part of IIF US Holding 2 LP

Proposed

Last checked

In New Mexico, El Paso Electric has a pending increase of about +$19.75/month for a typical 750 kWh home starting January 1, 2027, if regulators approve the request.

Further step: +$30.38/month from October 1, 2027.

Details and sources · Estimate for your home

Rate changes, newest first

El Paso Electric 2026 New Mexico base rate case

Base rate case · New Mexico · Electric

Proposed

Typical residential bill (750 kWh/month)

  • +$19.75/mostarting January 1, 2027 (+22.5%)Proposed Phase 1, summer month. $107.63 minus $87.88 from the PRC notice table; base plus fuel/RPS charges only, net of an expected RPS cost cut; excludes other riders and taxes.
  • +$30.38/mothen from October 1, 2027 (+28.2%)Proposed Phase 2, summer month. $138.01 minus $107.63 from the PRC notice table.

Combined: +$50.13/mo (+57% total)

Typical bill before the change: $87.88/month

Proposed amounts; regulators may change them.

Filed
March 27, 2026
Decision expected
Not disclosed
Requested effective
January 1, 2027
Requested increase
$70.4 million
Approved increase
Pending
Docket
25-00082-UT

EPE asked New Mexico regulators for a $70.4 million base-rate increase, phased in January and October 2027, plus a low-income discount and a peak-time rebate pilot. The PRC puts the average household increase at $15.01 and then $26.81 a month. Residents at a June 2026 public hearing objected to the size of the increase, KFOX14 reported. An evidentiary hearing was set for Sept. 21 to Oct. 2, 2026.

Utility's stated reasons

  • Recover $408.44M of NM investment since the 2020 rate case
  • Move advanced meters and battery storage capacity costs into base rates
  • Utility seeks a 10.7% return on equity
Sources (4) · Verified against regulator or utility filings

Last verified Oct 2, 2026

El Paso Electric Texas relate-back revenue surcharge

Rider · Texas · Electric

In effect

Typical residential bill

Not stated for a specific usage level. Any figures the sources give are in the summary below.

Filed
June 1, 2026
Decided
July 29, 2026
Effective
August 1, 2026
Requested increase
Not disclosed
Approved increase
Not disclosed
Docket
59368

A temporary surcharge recovers the difference between old and new Texas base rates for usage from July 1, 2025 until the new rates began May 1, 2026. For residential customers it is $0.01924 per kWh for 12 months starting with August 2026 bills, collecting a class balance of $48,959,313. The PUCT found the revised tariff compliant in July 2026.

Utility's stated reasons

  • Collect new base rates for usage from July 1, 2025 to May 1, 2026
  • Required by the final order in Docket 57568
Sources (3) · Verified against regulator or utility filings

Last verified Oct 2, 2026

El Paso Electric 2025 Texas base rate case

Base rate case · Texas · Electric

In effect

Typical residential bill

Not stated for a specific usage level. Any figures the sources give are in the summary below.

Filed
January 27, 2025
Decided
April 2, 2026
Effective
May 1, 2026
Requested increase
$129.02 million
Approved increase
Not disclosed
Docket
57568

EPE sought a $129.0 million Texas base-rate increase ($85.7 million net of existing riders) and a 10.7% return on equity. The PUCT's April 2026 order, modified on rehearing in June, set a 9.4% return; new rates started May 1, 2026 and relate back to July 2025 usage. El Paso Matters reported the average home bill rising about $13 a month, from roughly $98 to $111.

Utility's stated reasons

  • Recover cost of the Newman Unit 6 generating unit
  • Distribution and transmission investment since the last case
  • Utility sought a 10.7% return on equity
  • Residential customer charge raised from $9.25 to $13.71
Sources (6) · Verified against regulator or utility filings

Last verified Oct 2, 2026

What it could mean for your bill

Sources state the impact for one typical home. Enter your own usage or bill for a rough estimate.

For: El Paso Electric 2026 New Mexico base rate case (proposed)

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Who decides

Utility website: www.epelectric.com

Related

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Last checked Oct 2, 2026. Spotted something out of date? Tell us.