EL PASO, Texas — At least two members of El Paso City Council believe Wednesday’s release of third quarter 2011 earnings for El Paso Electric further justifies the current rate case the council has filed against the utility with the Public Utility Commission.
Council members Cortney Niland and Steve Ortega think that El Pasoans are paying way too much for their electricity and claim the third quarter earnings statement from EPE is proof of that.
“Their revenue and their earnings continue to increase,” said City Representative Cortney Niland, who is not backing off when it comes to challenging El Paso Electric’s rates. “It’s important for them to document to us why we shouldn’t roll back the rates given the fact their earnings and their profitability continues to soar.”
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Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.