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. A total of 396,206 residential customers, 51,052 commercial customers and 46 industrial customers are provided electricity by the company. On average, El Paso Electric Company bills their patrons a residential electricity rate of 24.98 cents per kilowatt hour , which is above the national average price of 13.67 cents per kilowatt hour. They sold 8,099,460 megawatt hours in 2020 via traditional retail sales and 3,735,986 megawatt hours by way of wholesale sales to other electricity companies. The megawatt hours sourced by the supplier came from a mix of electricity generation from power facilities owned by El Paso Electric Company and additional megawatt hours that they procured via wholesale channels. They produced 9,794,115 megawatt hours and purchased 2,453,776 on the wholesale market. In 2020, the provider made a total of $917,510,100 from business activities relating to the sale and transfer of electricity. They had revenue of $777,533,000 coming from retail sales to end users and $88,885,900 from wholesale electricity sales.

Customers of the supplier have an average monthly residential electricity bill of $169.7. This is 40.28% more than the nationwide average bill of $120.97. El Paso Electric Company is ranked as the 125th highest electricity producer out of 3510 suppliers in the country. El Paso Electric Company is the 121st largest provider out of 3510 suppliers in the US based on megawatt hours sold. They rank 451st out of the 3510 companies we track in the US for their ratio of renewable versus non-renewable fuel types used.