El Paso Electric Files First Texas Rate Case in 15 Years
EL PASO, Texas–(BUSINESS WIRE)–El Paso Electric (NYSE:EE) today filed its first Texas rate case in 15 years with the Public Utility Commission of Texas. The filing requests a net increase in rates of $38.4 million or 6.9 percent, including a $50.8 million increase in Texas base rates offset by a $12.3 million reduction in costs recovered through its fixed fuel factor. The requested base rate increase reflects costs related to additional power generation and infrastructure necessary to meet gro
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El Paso Electric Files First Texas Rate Case in 15 Years
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