The city of El Paso, Texas, has moved to block El Paso Electric from following through on a proposed $93 million rate hike, the El Paso Times reported.
According to the Times, the hike would increase the bills of individual customers by an average of $22.39 per month, costing residents hundreds of dollars extra each year for the same service — just when they need power to deal with record temperatures.
The proposed increase comes on the heels of Proposition K, a climate charter for the city that was put to the vote in 2023 and that would have checked the utility’s activities. El Paso Electric spent millions campaigning against it…