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El Paso Electric Co (Texas)

El Paso Electric Co is an investor-owned utility, regulated by the state commission, serving 312,576 residential accounts in Texas. Everything below comes from its own 2024 filing with the US Energy Information Administration — the numbers the company reported about itself.

Average residential rate
$0.135/kWh

2024 annual average

Homes with solar
25,266

8.1% of residential accounts

Rooftop capacity
134 MW

residential, net-metered

What households here pay

Residential customers on El Paso Electric Co's own supply paid an average of $0.135 per kWh across 2024 — total residential revenue divided by total residential kilowatt-hours sold, so it includes the fixed monthly charge, riders and fuel adjustments, not just the headline energy rate. It is the number your own bill would produce if you divided the annual total by the kWh.

Texas's statewide average was $0.159/kWh in June 2026 on EIA's monthly series. This utility's 2024 average ran about 16% below that. The two figures are measured differently and are two years apart, so read the gap as direction, not as a precise difference.

That made it the 30th cheapest of the 63 Texas utilities on this site in 2024.

What it did between 2020 and 2024

El Paso Electric Co's all-in residential rate went from $0.121 in 2020 to $0.135 in 2024 — a rise of 11.6%. Each year is that year's own Form 861 filing, worked out the same way as the figure above.

Across the 505 utilities on this site the middle one moved up 15.7% over the same years, so El Paso Electric Co moved with the pack. Rates rose almost everywhere in this window; the comparison is what says whether a number is unusual.

$0.121 2020
$0.130 2021
$0.153 2022
$0.135 2023
$0.135 2024

Residential revenue over residential sales, bundled service only, from each year's EIA Form 861.

How many neighbours already did it

25,266 homes on this system had a net-metered solar array at the end of 2024 — 80.8 per thousand residential accounts, or 8.1% of them. That is about 6.7× the median US utility on this site, so solar here is common rather than unusual.

That ranks 1 of 27 Texas utilities reporting net-metered solar.

202 of those systems — 1% — also report a paired battery. Battery attach rates rise where exports earn less than retail, because storing a kilowatt-hour and using it later is worth more than selling it. Exports here earn about 60% of retail, which is why.

Those systems sent 36,484 MWh back to the grid over the year — an average of 1,444 kWh exported per household.

The rule that decides this, and it changed

The 30% federal residential credit (§25D) expired for systems placed in service after 31 December 2025. Every payback figure written before 2026 — including anything quoted at you by an installer working from an old spreadsheet — is overstated by roughly a third for a purchase. Leases and PPAs still reach §48E until the end of 2027, which is why the ownership question now decides more than the hardware does.

Run the Texas numbers on 2026 rules →

Other Texas utilities

Utility Accounts Avg rate Solar per 1,000
Reliant Energy Retail Services 1,548,250 $0.174 —
TXU Energy Retail Co, LLC 1,446,391 $0.187 —
City of San Antonio - (TX) 865,914 $0.124 53.6
Austin Energy 507,291 $0.126 —
Entergy Texas Inc. 457,369 $0.137 11.7
US Retailers, LLC 412,301 $0.146 —
Just Energy 407,723 $0.152 —
Pedernales Electric Coop, Inc 405,587 $0.122 30.8
Ambit Energy Holdings, LLC 360,476 $0.188 —
Denton County Elec Coop, Inc 298,734 $0.138 29.9
Green Mountain Energy Company 292,172 $0.175 —
Direct Energy Services 266,249 $0.164 —

Where these numbers come from

US Energy Information Administration, Form EIA-861, data year 2024 — the annual filing every US electric utility makes. Rates are residential revenue divided by residential sales on bundled service; solar counts are from the net-metering schedule of the same filing. Utility number 5701. Download the source archive and check any figure here against it.

Form 861 is annual and publishes roughly eleven months after the year it covers, so 2024 is the most recent utility-level data that exists anywhere. It is not today's tariff. For a current price, read your own bill; for a current rate structure, read the utility's tariff sheet. This page is for scale and comparison — what a typical household on this system pays, and how many of them have already installed solar.

Written and maintained by . Last reviewed 2026-08-19.