El Paso Electric Co Rates: Average Bill & Price per kWh
Residential rates for El Paso Electric Co and how they compare to the New Mexico average — 2024 EIA-861 annual data.
Residential customers of El Paso Electric Co average $75.16/month at 10.16¢/kWh — below the New Mexico average of $121.22.
Where El Paso Electric Co rates are heading
Annual residential figures from Form EIA-861, 2019–2024.
| Year | Rate | Avg bill | Res. customers |
|---|---|---|---|
| 2019 | 10.47¢/kWh | $71.08/mo | 88,405 |
| 2020 | 10.66¢/kWh | $77.90/mo | 89,951 |
| 2021 | 11.84¢/kWh | $82.22/mo | 91,554 |
| 2022 | 12.34¢/kWh | $87.68/mo | 93,609 |
| 2023 | 9.61¢/kWh | $71.33/mo | 94,061 |
| 2024 | 10.16¢/kWh | $75.16/mo | 94,760 |
Rate context in New Mexico
Statewide residential price trend (12 months) — context for El Paso Electric Co's 2024 annual figure.
El Paso Electric Co vs its state
Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.
| Measure | El Paso Electric Co | New Mexico (latest month) |
|---|---|---|
| Avg bill | $75.16/mo | $121.22/mo |
| Rate | 10.16¢/kWh | 15.06¢/kWh |
Cities served by El Paso Electric Co
Common questions
How much is the average electric bill with El Paso Electric Co?
El Paso Electric Co residential customers averaged $75.16 per month in 2024 (EIA-861 annual data) — about $901.94 per year.
What does El Paso Electric Co charge per kWh?
El Paso Electric Co averaged 10.16¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.
How does El Paso Electric Co compare to the New Mexico average?
El Paso Electric Co bills average $75.16 — lower than the New Mexico average of $121.22 (latest EIA month).
How many customers does El Paso Electric Co serve?
El Paso Electric Co served 94,760 residential customers in 2024, per EIA-861 — one of the largest utilities we track in NM.
Data: Form EIA-861, 2024 annual residential figures for El Paso Electric Co. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.