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

MALAYSIA, JUN 30 – Malaysia's Energy Commission raised tariffs to 45.4 sen per kWh, prompting concerns from industry groups about increased costs and potential investor deterrence.

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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…

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"We have come from the position of exporters to a situation where we have to take other measures so that this country has enough electricity," said EP BiH Executive Director Nevad Ikanović.

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Free Malaysia Today News broke the news in Kuala Lumpur, Malaysia on Sunday, June 29, 2025.
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