EPE Rate Proposal Case

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EPE Rate Proposal Case Information

Case no. 25-00082-UT, In the matter of the application of El Paso Electric Company for revision of its retail electric rates pursuant to advice notice no. 317.

On March 27, 2026, El Paso Electric Company filed an application with the New Mexico Public Regulation Commission requesting approval to revise its retail electric base rates in its New Mexico service area. On August 6, 2026, EPE filed an amended application with the Commission.

About the Rate Proposal (REVISED)
EPE is requesting a net base rate increase of $70.5 million (reflecting a $70.7 million total deficiency offset by $240,955 in miscellaneous service revenues) to recover approximately $2.4 billion in total system investments, including $408.44 million in New Mexico. To minimize the immediate financial impact on customers, EPE proposes phasing in the base rate increase in two steps:

  • Phase 1 (January 1, 2027): A 26.8% average increase across affected rate classes.
  • Phase 2 (October 1, 2027): An additional 18.7% increase relative to Phase 1.

UPDATE:  Looking ahead, A public evidentiary hearing is scheduled for December 9 through December 22, beginning each day at 9:00 a.m. via Zoom.

Click Here to read the full amended rate proposal application submitted to the NMPRC.

Click Here to read EPE’s amended detailed proposal for a two‑phase rate increase, including sample residential summer and winter bills, a full pricing breakdown for all customer classes, and the exact wording of the planned Facebook and Instagram ads that will inform the public about the changes.

PUBLIC COMMENT OPPORTUNITIES
To provide feedback on the EPE Rate Proposal Case, you can participate in person or online during the Commission’s regular open meetings by following the open meeting schedule. To speak in person or remotely, you must sign up by emailing public.comment@prc.nm.gov or calling 505-490-7910 by 5 p.m. the business day prior.

Alternatively, you may submit written testimony electronically using the PRCe360 or by mailing your comments to the Commission Records Management Bureau at P.O. Box 1269, Santa Fe, NM 87504. You must reference case number 25-00082-UT.