TX · electric · 52195
Closed case·Complete·Authorized
The final order authorized a 9.35% ROE and 51% regulatory equity layer, below the utility's requested 10.3% ROE. These remain the latest reviewed authorized capital terms while Docket 57568 is pending.
El Paso Electric filed June 1, 2021 for a $69.7 million gross Texas retail non-fuel revenue increase, or $41.8 million net of existing recovery riders. The PUCT approved an unopposed agreement on September 15, 2022 authorizing a $5.149 million net annual increase and capital terms effective November 3, 2021.
Sep 15, 2022
Not scheduled
Case stage
complete
Filed
Jun 1, 2021
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Sep 15, 2022
Rates effective
Nov 3, 2021
State rules
This docket is a full base-rate review. Selected charges can change on separate schedules without reopening every issue in this case.
Full base-rate review
At least every four years
A regulated electric utility generally must initiate a comprehensive base-rate proceeding at least once every four years, subject to the statutory waiver process.
Rate period: Historical test year in the comprehensive rate filing.
Governing rule ↗Between full reviews
Distribution Cost Recovery Factor
Up to twice per year
A DCRF updates distribution rates for eligible capital investment placed in service since the last comprehensive rate case. The investment is reconciled in a later base-rate proceeding.
Governing source ↗Commission decision
Utility request and Commission-authorized outcome.
| Metric | Utility request | Authorized outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | Multi-year Annual utility request | $5.15M PUCT-authorized net Texas base-rate and non-firm annual revenue increase. · Sep 15, 2022 | — Not compared: scope, period differ |
| Rate base | Not available Not captured in current case sources | Not available Authorized value not captured | — |
| Return on equity | 10.3% Historical test year ended December 31, 2020 · Jun 1, 2021 | 9.35% PUCT-authorized return on common equity, effective November 3, 2021. · Sep 15, 2022 | — Not compared: period differ |
| Common equity ratio | 51% Historical test year ended December 31, 2020 · Jun 1, 2021 | 51% PUCT-authorized regulatory equity capitalization; 49% long-term debt and 51% equity. · Sep 15, 2022 | — Not compared: scope, period differ |
| Residential bill impact | Not available Not captured in current case sources | Not available Authorized value not captured | — |
3 events · 2 documents · 5 citations
Material filings, hearings, orders, and effective dates.
Jun 1, 2021
El Paso Electric filed its Texas base-rate application
official commission · completed
Nov 3, 2021
Authorized rates effective
official commission · completed
Sep 15, 2022
Final order issued
official commission · completed
Docket and evidence documents linked to this proceeding.
PUCT filing interchange for Docket 52195
evidence · primary · Sep 15, 2022
PUCT Final Order — Docket 52195
evidence · direct · Sep 15, 2022
Field-level excerpts and review metadata supporting material facts.
PUCT Final Order — Docket 52195
commission order · Sep 15, 2022
PUCT Final Order — Docket 52195
commission order · Sep 15, 2022
PUCT Final Order — Docket 52195
commission order · Sep 15, 2022
PUCT Final Order — Docket 52195
commission order · Sep 15, 2022
PUCT filing interchange for Docket 52195
commission filing · Sep 15, 2022
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Common equity ratio | authorized | Public Utility Commission of Texas | — | 51% | |
| Common equity ratio | utility request | El Paso Electric Company | Historical test year ended December 31, 2020 | 51% | |
| Overall rate of return | authorized | Public Utility Commission of Texas | — | 7.5% | |
| Overall rate of return | utility request | El Paso Electric Company | Historical test year ended December 31, 2020 | 7.99% | |
| Annual revenue change | authorized | Public Utility Commission of Texas | — | $5.15M | |
| Annual revenue change | utility request | El Paso Electric Company | Historical test year ended December 31, 2020 | $69.7M | |
| Annual revenue change | utility request | El Paso Electric Company | Historical test year ended December 31, 2020 | $41.8M | |
| Return on equity | authorized | Public Utility Commission of Texas | — | 9.35% | |
| Return on equity | utility request | El Paso Electric Company | Historical test year ended December 31, 2020 | 10.3% |