Judges in El Paso Electric rate case recommend smaller rate increase, less profit for utility
Judges proposed reducing El Paso Electric's shareholder profit margin to 9.4% and lowering the monthly customer charge, potentially cutting the $22 rate increase significantly.
4 Articles
4 Articles
The bill increase proposed by El Paso Electric, which could come into effect next year, could be reduced after a panel of judges who oversee the utility’s tariff case would agree with and suggest that customers should be moderated. The final decision on the increase in tariffs by the state’s Public Services Commission will probably not be known until February. However, on December 7, the judges issued a proposal for a decision—a recommendation f…
Judges in El Paso Electric rate case recommend smaller rate increase, less profit for utility
EL PASO, Texas (EL PASO MATTERS) -- The proposed bill increase by El Paso Electric that could take effect next year may be decreased after a panel of judges overseeing the utility’s rate case sided with customers and suggested moderating it. A final decision on the rate increase by the state’s Public Utility Commission likely [...]
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