El Paso Electric sets new record peak

El Paso Electric Company (“EPE”) (EE) set a new native system peak of 1,871 MW, which is 4.3% or 77 MW higher than the peak established in 2015. Although it will take time to verify, it appears that EPE has exceeded the June 23, 2016 record peak this week. EPE has set a new native peak in 11 out of the last 12 years.

El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately 400,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande valley in west Texas and southern New Mexico. El Paso Electric has a net dependable generating capability of 1,990 MW.