NewInsight: Investor-owned utilities charge 23% more for power

El Paso Electric electricity rates

What homes pay El Paso Electric for electricity, from EIA.

Investor-owned utility, 325,781 homes in Texas. EIA lists it as El Paso Electric Co.

Headlines

Average price
16.9¢ a kWh
Up 22% on a year ago
Average bill
$123 a month
Up 29% on a year ago
Average use
730 kWh
A month. Texas 1,113 kWh
Price rank in Texas
1 of 6
1 is the most expensive

Over the 12 months to August 2026, El Paso Electric homes paid 16.9¢ a kWh, against 16.0¢ across Texas.

Many homes in Texas buy power from a retail supplier. These figures cover El Paso Electric's own customers, who buy delivery and power from it.

El Paso Electric vs Texas

El Paso ElectricTexas
Average price, 12 months to August 202616.9¢16.0¢
Price in August 202617.3¢15.9¢
Average monthly bill, 12 months$123$178
Bill in August 2026$216$266
Average monthly use730 kWh1,113 kWh
Price change, past year+22%+4.8%
Price change since 2019+41%+36%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 2026

Average monthly bill

What an average home pays a month.

Up to and including August 2026