Fight over El Paso Electric’s Proposed Rate Increase Plows On

Fight over El Paso Electric’s proposed rate increase plows on

by Diego Mendoza-Moyers June 30, 2025 Sign up for essential news about El Paso. Delivered to your inbox — completely free. The El Paso City Council recently rejected a proposed rate increase by El Paso Electric that would spike household electricity bills by more than $22 per month — and likely generate millions of dollars of additional profit for the J.P. Morgan-backed investment fund that owns the utility.  But the unanimous vote by the counci…

Fight over El Paso Electric's proposed rate increase plows on

The El Paso City Council recently rejected a proposed rate increase by El Paso Electric that would spike household electricity bills by more than $22 per month — and likely generate millions of dollars of additional profit for the J.P. Morgan-backed investment fund that owns the utility.  But the unanimous vote by the council on Tuesday was largely symbolic and doesn’t mean rates won’t increase to some extent by next year.  Over the next few mon…

Industries want dialogue with govt over revised electricity rates

The new rates could increase operations costs and deter investors, says the Data Centre Association Malaysia.