TX · electric · 57568
Active case·Commission consideration·Utility request
The active request seeks a 10.7% ROE and 56.4% equity capitalization. Those are utility positions, not authorized outcomes; the existing 9.35% ROE and 51% equity layer remain the latest reviewed authorizations.
El Paso Electric filed January 27, 2025 to increase annual Texas retail base-rate and miscellaneous revenues by $129 million, or $83.47 million net of existing riders that would be reset in the case. The filing uses a September 30, 2024 historical test year and asserts a $3.6 billion total-company rate base.
Jan 27, 2025
Not scheduled
Case stage
commission consideration
Filed
Jan 27, 2025
Testimony
Not recorded
Hearings
Not recorded
Briefing
Not recorded
Decision
Current stage
Rates effective
Not recorded
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 ↗Current case economics
Filed request and any outcome captured in this docket.
| Metric | Utility request | Current case outcome | Like-for-like difference |
|---|---|---|---|
| Annual revenue increase | Multi-year Annual utility request | Not available No outcome yet | — |
| Rate base | $3,600M Historical test year ended September 30, 2024 · Jan 27, 2025 | Not available No outcome yet | — |
| Return on equity | 10.7% Historical test year ended September 30, 2024 · Jan 27, 2025 | Not available No outcome yet | — |
| Common equity ratio | 56.4% Historical test year ended September 30, 2024 · Jan 27, 2025 | Not available No outcome yet | — |
| Residential bill impact | Not available Not captured in current case sources | Not available No outcome yet | — |
Prior authorizations, mechanism values, actuals, and company projections are shown separately because they are not default like-for-like case comparisons.
Annual revenue change
authorized · PUCT-authorized net Texas base-rate and non-firm annual revenue increase. · Sep 15, 2022
$5.15M
Common equity ratio
authorized · PUCT-authorized regulatory equity capitalization; 49% long-term debt and 51% equity. · Sep 15, 2022
51%
Overall rate of return
authorized · PUCT-authorized weighted average cost of capital, effective November 3, 2021. · Sep 15, 2022
7.5%
Return on equity
authorized · PUCT-authorized return on common equity, effective November 3, 2021. · Sep 15, 2022
9.35%
1 event · 2 documents · 1 citation
Material filings, hearings, orders, and effective dates.
Jan 27, 2025
El Paso Electric filed its Texas base-rate application
official commission · completed
Docket and evidence documents linked to this proceeding.
PUCT filing interchange for Docket 57568
official docket · primary · —
PUCT Preliminary Order — Docket 57568
evidence · direct · Mar 13, 2025
Field-level excerpts and review metadata supporting material facts.
PUCT Preliminary Order — Docket 57568
commission order · Mar 13, 2025
Stage-preserving economics and party positions as published in the canonical record.
| Metric | Stage | Party | Period | Value | Evidence |
|---|---|---|---|---|---|
| Common equity ratio | utility request | El Paso Electric Company | Historical test year ended September 30, 2024 | 56.4% | |
| Overall rate of return | utility request | El Paso Electric Company | Historical test year ended September 30, 2024 | 8.36% | |
| Rate base | utility request | El Paso Electric Company | Historical test year ended September 30, 2024 | $3,600M | |
| Annual revenue change | utility request | El Paso Electric Company | Historical test year ended September 30, 2024 | $129M | |
| Annual revenue change | utility request | El Paso Electric Company | Historical test year ended September 30, 2024 | $83.47M | |
| Return on equity | utility request | El Paso Electric Company | Historical test year ended September 30, 2024 | 10.7% |