EL PASO, TEXAS (KFOX14/CBS4) — El Paso Electric customers could soon see higher monthly bills after the Public Utility Commission of Texas approved an amended proposed rate increase on Friday.
The PUCT staff reviewed recommendations on Friday for El Paso Electric’s initial proposal to raise rates by 23%, which would raise the average residential bill by about $22 a month and would generate an additional $93 million annually for the utility to fund new projects.
However, during Friday’s open meeting, PUCT amended parts of the proposal, reducing the initial proposed rate increase…