Skip to content
Tariff data · 2026-08-26

NM · Investor Owned · serves 185 ZIP codes

El Paso Electric Co rate plans

5 residential plans are currently open to new customers. Some charge different prices depending on the hour — which is where most of the savings hide.

How much does the plan you pick actually matter here?

Run the same three-bedroom house with central air through every plan El Paso Electric Co files, and the bill lands anywhere between $790 and $1,325 a year. That $535 spread is not a difference in electricity — it is the same kilowatt-hours, from the same wires, priced under different rules. Nobody sends you a letter when you are on the wrong side of it.

The plan most households land on by default, Residential Service, comes to about $1,305. The cheapest option here, RS - TOD, comes to $790 — a gap of about $515 a year for a household that never changed a single habit. Whether you can actually capture that depends on when you use power, which is what the calculator below is for.

2 of these 5 plans price by the hour. Those are the ones where moving laundry, dishes, or car charging into the cheap window changes the bill; on the rest, the clock is irrelevant and only the total matters. Which camp you belong in is the first question worth settling, because it decides whether shifting your day is worth anything at all.

Watch the fixed charges too. Across these plans they run from $84 to $111 a year before a single kilowatt-hour is counted. For a small household that difference alone can outweigh the per-kWh price, which is why comparing cents per kilowatt-hour on its own quietly misleads.

Which plan would cost you least?

No bill upload, no sign-up. Tell us roughly what you use and what runs on electricity — we price every plan against the same household and show you the gap.

What else runs on electricity

That adds up to 7,914 kWh a year. Compare it to the total on your bill and adjust until it’s close.

Same usage, different plan

$455a year

That is the gap between the cheapest plan you could be on — RS - TOD — and the priciest. Not by using less power. By being billed differently for the same power.

PlanPer yearVs best
RS - TODPeak hits midnight–midnight in Oct–May; 3pm–7pm in Jun–Sep — every day.$641
Residential Service - TOUPeak hits midnight–midnight in Oct–May; noon–6pm in Jun–Sep — every day.$881+$239
Residential Service Low IncomeThe hour never matters here — only the season. Rates peak May–October.$1,053+$411
Residential Service - TOU (Alternative)Peak hits midnight–midnight in Oct–May; noon–6pm in Jun–Sep — every day.$1,084+$443
Residential ServiceThe hour never matters here — only the season. Rates peak May–October.$1,097+$455

An estimate, not a quote. Supply charges move month to month, and your real usage pattern is not exactly this one. What it does show reliably is the gap between plans — both are priced off the same assumptions.

Before you switch anything

Every plan, in detail

Hour-by-hour schedules, tier thresholds, and the tariff each one comes from.