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Today, El Paso Electric is a regional electric utility providing generation, transmission, and distribution service to approximately 400,000 retail and wholesale customers in a 10,000-square-mile (26,000 km 2) area of the Rio Grande valley in west Texas and southern New Mexico.
Customer-generators, businesses and industrial operations can qualify for net metering. Customer-generators have the added benefit of selling renewable energy credits (REC) back to their utility. [2] (A customer-generator is a small producer—that is not an electric utility—of electricity which is net metered and connected to the electric grid.
This is a list of electricity-generating power stations in the U.S. state of New Mexico, sorted by type and name.In 2022, New Mexico had a total summer capacity of 10,230 MW through all of its power plants, and a net generation of 40,889 GWh. [2]
The largest power generator at El Paso Electric’s largest power plant is finally online. The $211 million generator began operating at the end of December, producing enough electricity to supply ...
El Paso Electric had electric sales of $1.24 billion and a profit of $113.3 million in 2022, the latest financial data available.The company is owned by the JP Morgan Chase-tied Infrastructure ...
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Originally, units 4 and 5 were owned by Southern California Edison Company (48%), APS (15%), Public Service Company of New Mexico (13%), Salt River Project (10%), Tucson Electric Power (7%), and El Paso Electric Company (7%). In 2013 Southern California Edison sold its 48% share to APS (and APS then immediately shut down units 1–3), and ...