New Mexico · Investor-owned utility · EIA data, final 2025
El Paso Electric commercial electricity rates in New Mexico
What El Paso Electric billed its commercial customers, year by year since 2015, with the average bill, the other customer classes, meters, reliability and territory. Official figures, and context for a bill rather than a quote.
El Paso Electric billed its 12,908 commercial customers in New Mexico an average of 8.39¢ per kWh in 2025, 24% below the state’s commercial average of 11.01¢. The average customer used about 5,886 kWh a month and was billed about $494. It is an average over every size of customer, not a rate.
Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data) · 2026-10-29
- Average commercial price, 20258.39¢per kWh, all commercial customers
- vs New Mexico average−24%state commercial average 11.01¢
- Commercial customers12,9083rd largest of 16 in New Mexico
- Average use5,886 kWha month per commercial customer
- Average bill$494a month per commercial customer
- Since 2015−19%from 10.35¢ per kWh
- Outages116 mina year per customer · US average 124
El Paso Electric is an investor-owned utility serving 4 counties in New Mexico. Among the 16 New Mexico utilities in EIA’s 2025 sales data with 500 or more commercial customers, it is the 3rd largest, with about 8.7% of the state’s commercial customers. EIA lists it as El Paso Electric Co.
El Paso Electric commercial electricity prices, 2015 to 2025
In 2015 El Paso Electric billed its commercial customers an average of 10.35¢ per kWh. In 2025 the figure was 8.39¢, so it fell 19% over 10 years. The average for all commercial customers in New Mexico rose 6.9% over the same period. The highest year was 2022, at 10.80¢. Between 2024 and 2025 it was unchanged.
| Year | Commercial customers | Average price per kWh | New Mexico average per kWh | Average use a month | Average bill a month |
|---|---|---|---|---|---|
| 2025 | 12,908 | 8.39¢ | 11.01¢ | 5,886 kWh | $494 |
| 2024 | 12,614 | 8.40¢ | 10.54¢ | 5,949 kWh | $500 |
| 2023 | 12,423 | 7.98¢ | 10.68¢ | 5,973 kWh | $476 |
| 2022 | 12,346 | 10.80¢ | 11.07¢ | 5,906 kWh | $638 |
| 2021 | 12,249 | 10.30¢ | 10.80¢ | 5,829 kWh | $601 |
| 2020 | 12,185 | 9.21¢ | 10.28¢ | 5,783 kWh | $533 |
| 2019 | 12,021 | 8.95¢ | 9.79¢ | 6,082 kWh | $544 |
| 2018 | 11,940 | 9.76¢ | 10.02¢ | 6,261 kWh | $611 |
| 2017 | 11,648 | 10.61¢ | 10.19¢ | 6,309 kWh | $669 |
| 2016 | 11,455 | 10.25¢ | 9.75¢ | 6,492 kWh | $665 |
| 2015 | 11,276 | 10.35¢ | 10.30¢ | 6,690 kWh | $692 |
Average use and average bill are the utility’s commercial sales and revenue divided by its commercial customers and by twelve. The bill is an all-in figure: energy, delivery, demand and fixed charges together. A few very large customers pull both averages up, so most businesses use and pay less than the average.
Residential, commercial and industrial prices at El Paso Electric
In 2025 the average commercial price at El Paso Electric was 19% below the residential figure and 18% above the industrial one. Larger customers take power at a higher voltage and use it more steadily, so at most utilities the average falls from residential to commercial to industrial. Which class an account falls in is the utility’s decision, and the line between commercial and industrial is drawn differently from one utility to the next.
| Customer class | Customers | Sales (MWh) | Average price per kWh | Average use a month | Average bill a month |
|---|---|---|---|---|---|
| Residential | 97,258 | 838,284 | 10.34¢ | 718 kWh | $74 |
| Commercial | 12,908 | 911,643 | 8.39¢ | 5,886 kWh | $494 |
| Industrial | 12 | 79,110 | 7.09¢ | 549,375 kWh | $38,965 |
How El Paso Electric’s commercial rates are set
El Paso Electric is investor-owned, so its rates are set in cases before the New Mexico Public Regulation Commission and published in a tariff, which is a public document. A commercial account is billed on a rate schedule, chosen by the size of the account and the voltage it takes power at, and a schedule usually combines a fixed monthly charge, a charge per kWh and, above a certain size, a demand charge on the highest rate of draw in the month. The schedule code is printed on the bill. There is no competitive supply market for ordinary commercial accounts in New Mexico, so the levers are the schedule, the peak and the amount used.
Meters, time-varying rates and net metering at El Paso Electric
EIA counts 13,021 commercial meters at El Paso Electric in 2025, and 12,942 of them (99%) are advanced meters (AMI), which record use at least hourly and report it to the utility at least daily. Of the rest, 26 are automated-reading (AMR) meters, which send a reading to the utility for billing only, and 53 are standard meters. An advanced meter is what makes interval data possible, and interval data is what shows when a building’s peak demand happens.
At El Paso Electric, 216 commercial customers were on a time-varying rate in 2025, about 1.7% of its commercial customers. A time-varying rate charges more in some hours than in others, so when a business uses power matters as well as how much. The kinds El Paso Electric reports offering commercial customers are time-of-use pricing.
EIA records 202 commercial net-metered generating systems at El Paso Electric in 2025, with 7.88 MW of capacity between them: about 16 for every 1,000 commercial customers. Net metering credits a customer for power its own system sends to the grid; the terms are in the utility’s tariff.
How reliable is El Paso Electric’s electric service?
El Paso Electric customers went without power for an average of 116 minutes in 2025, excluding major storms, with about 1.24 interruptions per customer. The average across U.S. utilities reporting the same way is 124 minutes. These are averages over every customer of every class, so they describe the system and not any one street.
Where El Paso Electric serves
EIA records El Paso Electric serving customers in 4 New Mexico counties: Dona Ana, Luna, Otero, Sierra. A county can be shared between utilities, so this does not tell you who serves a given address. The utility that serves an address is the one named on its bill.
EIA lists El Paso Electric as its balancing authority, the body that keeps supply and demand matched minute by minute across the area.
Other utilities in New Mexico
The average each billed its commercial customers in 2025. The New Mexico page has the state’s own figures and every utility with 500 or more commercial customers.
- PNM (12.46¢)
- Xcel Energy New Mexico (8.76¢)
What these figures can and cannot tell you
- They are averages over every commercial customer. A utility whose commercial customers are mostly large averages fewer cents per kWh than one serving mostly small shops, so a lower figure can mean larger customers and not a lower rate.
- They are not a rate schedule. None of these figures is a charge printed in El Paso Electric’s tariff, and nothing here works out a bill from one. The tariff index lists the utilities whose filed schedules are quoted on this site.
- They are annual and final. EIA publishes utility figures once a year. The New Mexico page carries the state’s trailing 12 months, which is more recent and still preliminary.
For one building, the cost estimator gives a range by building type, size and state, and price by utility sets every utility side by side. Commercial vs residential vs industrial compares the classes in every state.
Data: every year of these figures, for this utility and every other with a page, is in one CSV, free to use with credit to the U.S. Energy Information Administration and this site. To cite this page: El Paso Electric commercial electricity rates, CommercialElectricityRates.com, from EIA Form EIA-861 final 2025 data.
Common questions about El Paso Electric
- What is the average commercial electricity rate at El Paso Electric?
- El Paso Electric billed its commercial customers in New Mexico an average of 8.39¢ per kWh in 2025, according to the U.S. Energy Information Administration. That is 24% below the New Mexico commercial average of 11.01¢. It is the utility’s commercial revenue divided by its commercial sales, so it describes the whole class and is not the rate on any one schedule.
- How much is the average commercial electric bill at El Paso Electric?
- About $494 a month in 2025, on average use of about 5,886 kWh a month. That is El Paso Electric’s commercial revenue divided by its 12,908 commercial customers. A few very large accounts pull the average up, so most businesses pay less than this.
- Have El Paso Electric’s commercial electricity rates gone up?
- The average El Paso Electric billed commercial customers fell 19% between 2015 and 2025, from 10.35¢ to 8.39¢ per kWh. The New Mexico commercial average rose 6.9% over the same period.
- How reliable is El Paso Electric’s electric service?
- El Paso Electric customers averaged 116 minutes without power in 2025, excluding major storms, against a 124-minute average for U.S. utilities reporting the same way (EIA).
- Does El Paso Electric use smart meters for businesses?
- EIA counts 12,942 advanced (AMI) meters among El Paso Electric’s 13,021 commercial meters in 2025, which is 99%. An advanced meter records use at least hourly, which is what makes interval data and time-varying rates possible.
- Is this the rate my business will pay El Paso Electric?
- No. It is an average over every commercial customer, from a corner shop to a campus. What one business pays depends on its rate schedule, how much it uses and how hard it draws at its peak. The schedule code is printed on the bill, and the schedule itself is in El Paso Electric’s tariff.
A utility average cannot tell you whether your bill is right. The bill itself can, and it takes three numbers. Nobody calls unless you ask.