Your El Paso Electric Bill Could Go Up Twice This Year – Here’s Why
Your El Paso Electric bill is going to go up about $3.50 a month, and it could go up again later this year.
The first increase is happening because of a fixed fuel charge that EP Electric is passing along to customers. The increase will allow EP Electric to recover their fuel costs, but not allow it to make a profit on those fuel charges.
In March of last year, El Paso Electric got a 10 percent increase on customer’s electric bills, but dropped a controversial surcharge on homes with rooftop solar panels. Later this spring, EPE will be pursuing that surcharge on solar panels again, as well as asking for a rate increase.
They have not released details about the proposed rate increase, but when they were given a rate increase last year, it was 44 million dollars less than the increase they were asking for.