El Paso Electric has filed with various cities with original jurisdiction and the Public Utility Commission of Texas (PUCT) a request for an increase in non-fuel base revenues of approximately $42.5 million.

Under the proposed rates, a residential customer using 635 kilowatt-hours per month will see an average bill increase of $8.25 per month when new rates are implemented.

“As we’ve previously indicated, the 2017 rate case is needed to recover the costs to complete the Montana Power Station (MPS) and other investments to meet our customers’ growing needs,” said Mary Kipp, El Paso Electric CEO.

Approximately $151.3 million was invested in MPS Units 3 and 4 and the related common plant.

Additional investment has included $59.4 million for Palo Verde Nuclear Generating Station plant and $50.3 million in existing local generation

Tags:
El Paso Electric   Ratebased Generation   Vertically Integrated Utilities   Texas  

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