El Paso Electric Company

About El Paso Electric Company

With their main offices in El Paso, Texas, El Paso Electric Company provides electricity to 2 states in the United States and is considered an investor owned entity. El Paso Electric Company's average residential electricity rate per kilowatt hour is 13.23 cents per kilowatt hour. Luckily for their customers, this rate is below the United States average rate of 16.13 cents per kilowatt hour. The supplier had total sales and disposition of 14,026,770 megawatt hours in 2023, of which 8,672,525 megawatt hours were via retail sales and 4,827,061 were from wholesale sales. Electricity generation plants owned by the company generated 73.87% of the megawatt hours sourced by the provider and an additional 27.61% was purchased by way of wholesale channels. In 2023 they had total electricity related revenue of $1,203,159,000, with 73.55% from retail sales and 21.81% from wholesale customers.

Customers of the supplier have an average monthly residential electricity bill of $95.43. This is 32.44% less than the nationwide average bill of $141.25. By total customers, El Paso Electric Company is the 103rd largest supplier out of 3530 in the US. Customers of the company experience 0.94 power outages a year with outages lasting an average of 71.94 minutes. Of the 3530 companies in the United States, El Paso Electric Company has the 38th highest total electricity generation from nuclear power.