[ El Paso Electric Co / NM ]
El Paso Electric Co electricity rates in New Mexico
NO RATE CASE ON FILE · DATA 2025
change in average rate, 2024→2025
What your bill becomes
Estimated at El Paso Electric Co's average effective residential rate (10.34¢/kWh, EIA, all charges included). Your tariff, fees and taxes differ.
Rate history 2015–2025
| Year | ¢/kWh | Change | Customers |
|---|---|---|---|
| 2015 | 12.13¢ | — | 83,939 |
| 2016 | 11.90¢ | −1.9% | 84,974 |
| 2017 | 12.31¢ | +3.5% | 85,891 |
| 2018 | 11.38¢ | −7.5% | 87,036 |
| 2019 | 10.47¢ | −8.0% | 88,405 |
| 2020 | 10.66¢ | +1.8% | 89,951 |
| 2021 | 11.84¢ | +11.1% | 91,554 |
| 2022 | 12.34¢ | +4.2% | 93,609 |
| 2023 | 9.61¢ | −22.1% | 94,061 |
| 2024 | 10.16¢ | +5.7% | 94,760 |
| 2025 | 10.34¢ | +1.8% | 97,258 |
How this compares
Serves 4 counties in New Mexico: Dona Ana, Luna, Otero, Sierra. 37 ZIP codes.
Questions
Is El Paso Electric Co raising rates in 2026?
No rate case for El Paso Electric Co is on file with the New Mexico Public Regulation Commission in our tracker. Its average residential rate moved +1.8% from 2024 to 2025. We check the commission docket monthly.
What does El Paso Electric Co charge per kWh?
El Paso Electric Co's average effective residential rate was 10.34¢ per kWh in 2025 (EIA-861, revenue divided by sales, all charges included). New Mexico's 2025 average was 14.85¢.
How much have El Paso Electric Co rates gone up in five years?
−3.0% between 2020 and 2025, against +11.8% for New Mexico as a whole over the latest five-year window.
How many customers does El Paso Electric Co have in New Mexico?
97,258 residential customers in 2025, across 4 counties including Dona Ana, Luna, Otero, according to the EIA-861 survey.
Where do these numbers come from?
Rates and customer counts are from the US Energy Information Administration's annual EIA-861 survey; rate-case facts are from the New Mexico Public Regulation Commission docket linked on this page. Nothing here is a utility bill; use it to understand the direction and size of changes.
Sources
- EIA-861 Sales to Ultimate Customers, 2015–2025 (released 2026-10-07)
- EIA-861M monthly state averages through Jul 2026
- NREL utility-by-ZIP lookup (2024)
