Typical residential bills consist of the following tariff schedule components:
- NM Residential Service Rate No. 01
- Customer Charge: The customer charge recovers costs incurred in making service available including meter and meter reading costs, billing, record keeping and customer service costs.
- Energy Charge: The energy charge is to recover costs associated with producing and distributing electricity. Customers have two rate options:
- Standard – Seasonal energy charges, with the summer season (May through October) charge higher than in the winter season (November through April) charge.
- Time-of-Use – Customers that can easily reduce their energy use on weekdays (Monday through Friday), between 12 p.m. and 8 p.m., during the summer season (May through October) can benefit from this energy charge option due to its significantly lower price than the Standard rate option.
- Federal Tax Credit Factor (FTCF):
- Credit as a percent (%) factor applied to non-fuel base rate charges. The reduction will appear as a separate line item and titled "Federal Tax Credit".
- Fuel and Purchased Power Cost Adjustment (FPPCAC)
- This cost adjustment is to recover fuel and purchase power expenses. See below in Fuel & Purchased Power Cost Adjustments for current month FPPCAC and twelve month history.
- EUERF - Efficient Use of Energy Recovery Factor Rate No. 17
- This charge recovers the cost of energy efficiency programs from the customer classes that receive services under such programs. For information on energy efficiency programs, please click here.
- Renewable Portfolio Standard (RPS) Cost Rider Rate No. 38
- This rider is established to recover Renewable Portfolio Standard ("RPS") Compliance Costs.
- New Mexico Merger Rate Credit Factor - MRCF
- The MRCF is calculated as a kilowatt hour (kWh) credit factor multiplied by the billed energy component of the customer bill. The resulting merger rate credit amount will appear as a separate line item on the customer monthly bill and shall be titled "Merger Rate Credit".
- Franchise Fees
- This charge recovers the fee assessed by a governmental entity for the right or privilege of rendering utility service within its corporate boundaries.
- This charge recovers the tax assessed by a governmental entity for utility service rendered.
Below are all the tariff schedules applicable to all residential customers.
To view the tariffs, click the appropriate rate below. The tariff schedules are saved in PDF format, so you will need Adobe Acrobat Reader to view or print them. Adobe Acrobat Reader is available for free from the Adobe website. Click here to download.
You are entitled to receive information about the rates you are charged and the services available to you. Such information can be obtained by calling the El Paso Electric Customer Services Call Center at (915) 543-5970 or 1-800-351-1621. You may also make your request through e-mail to the following e-mail address: firstname.lastname@example.org
|Most Common Tariff Schedules for Residential Customers||Effective Date|
|NM Residential Service Rate No. 01||07/01/2016|
|Other Available Tariff Schedules|
|Private Area Lighting Rate No. 12||07/01/2016|
|Purchased Power Service Rate No. 16||03/01/2021|
|Small System Renewable Energy Certificate Purchase Rate No. 33||01/01/2017|
|Medium System Renewable Energy Certificate Purchase Rate No. 34||01/01/2017|
|NM Voluntary Renewable Energy Rate No. 32||07/01/2016|
|Riders and Rate Adjustments|
NM FPPCAC Rate No. 18
|EUERF - Efficient Use of Energy Recovery Factor Rate No. 17||03/06/2019|
|Miscellaneous Service Charges Rate No. 15||07/01/2016|
|eSMART Thermostat Program Rate No. 37||03/01/2017|
|Renewable Portfolio Standard (RPS) Cost Rider Rate No. 38||01/01/2021|
|Federal Tax Credit Factor (FTCF)||05/01/2018|
|Merger Rate Credit Factor (MRCF)||08/05/2020|
Fuel & Purchased Power Cost Adjustments
- Current Month
- Previous Twelve Months
- FPPCAC April 2021
- FPPCAC March 2021
- FPPCAC February 2021
- FPPCAC January 2021
- FPPCAC December 2020
- FPPCAC November 2020
- FPPCAC October 2020
- FPPCAC September 2020
Disclaimer: The tariff schedules provided above are for informational purposes only. The official tariff schedules are on file with the New Mexico Public Regulation Commission and prevail in the event of any differences. El Paso Electric Company makes no warranty or representation that a particular tariff schedule chosen by a customer is available to or suitable for that customer. Customers are encouraged to contact El Paso Electric Company directly to make certain of the applicability of a desired tariff schedule for their service requirements.
- Rates and Regulations