EE Description: El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. It generates electricity through nuclear fuel, natural gas, coal, solar photovoltaic panels, and wind turbines. The company owns or has ownership interests in various electrical generating facilities with a net dependable generating capability of approximately 2,055 megawatts; four 345 Kilovolt (kV) transmission lines in New Mexico; and three 500 kV lines in Arizona. It distributes electricity to retail customers principally in El Paso, Texas; and Las Cruces, New Mexico. The Company serves approximately 404,500 residential, commercial, industrial, public authority, and wholesale customers. El Paso Electric Company was founded in 1901 and is based in El Paso, Texas. |