Posted on May 24, 2023

El Paso Electric New Mexico Customers to See $18 Monthly Savings in June Bills

EL PASO, Texas (May 24, 2023) – El Paso Electric (EPE) is committed to making energy more affordable in our region. In June of 2023, New Mexico customers can expect an average savings of $18 on their bills. Fuel and purchased power costs are adjusted monthly for New Mexico customers.

With a focus on affordability and reliability for customers, EPE has been able to achieve lower electricity costs by strategically selling energy generated by its resources and strategically purchasing energy from other utilities. 

"We are proud to provide our customers with approximately $1 million in savings, much of which has been achieved through our active participation in the Western Energy Imbalance Market," says Dave Hawkins, Vice President of System Operations and Resource Strategy at EPE. 

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