El Paso Electric electric rates
Updated October 7, 2026 · Source: EIA Form 861 (2024)
Investor-owned utility serving 94,760 homes in New Mexico.
Your rate
Estimate your bill
It's on your bill, usually near the top. Starting at 740 kWh, the average for El Paso Electric homes.
This is an estimate. Uses the EIA average rate with a nominal $12 fixed charge; real tariffs have tiers, time-of-use pricing and riders. Your bill also includes taxes and fuel adjustments that change month to month.
Rate cases
No rate case on file for El Paso Electric right now. We check regulator dockets weekly; last check October 7, 2026. Know of one?
Rate history
El Paso Electric's average rate is down 5% since 2020, versus +28% for the U.S. average.
Average residential revenue per kWh, EIA-861. Includes delivery and, where the utility sells it, supply.
Rebates for heat pumps, batteries and EV chargers
We haven't found utility-level rebates for El Paso Electric yet. Check New Mexico programs or read what's left after the federal credits ended.
About El Paso Electric
- Ownership
- Investor Owned
- Homes served
- 94,760 residential customers (2024)
- Grid operator
- EPE
- Retail choice
- No — one bundled rate
- Data
- EIA-861 2024, released October 7, 2026; rate cases checked October 7, 2026
Other utilities in New Mexico
- PNM 15.57¢
- Xcel Energy New Mexico 11.98¢
- City of Farmington 12.69¢
- Jemez Mountains Elec Coop 15.36¢
- Kit Carson Electric Coop 18.18¢
- Continental Divide El Coop 16.02¢
- Central New Mexico El Coop 17.16¢
- Otero County Electric Coop 17.65¢