We are asking our regulators for a rate adjustment to recover costs associated with upgrading the electric grid. We anticipate the new rates will go into effect in late 2025 or early 2026.
Key Improvements to Power the Local Economy
- Modernize technology
- Automate processes
- Expand and upgrade the grid
Watch our video to learn more about the rate review process.
New rates will allow El Paso Electric to:
- Maintain reliability and resiliency during severe weather events.
- Recover costs associated with capital investments that have already been made.
- Deploy programs to support electric growth.
- Replace aging infrastructure and build in areas with limited infrastructure.
- Invest in a diverse and clean energy mix.
- Implement new technologies to increase efficiency.