Electric Rates to Remain the Same, For Now
POSTED: Tuesday, November 15, 2011 - 4:09pm
UPDATED: Tuesday, November 15, 2011 - 5:19pm
EL PASO- Your electric rates will stay the same, at least for now.
Today City Council voted to lock the current rates into place. In the meantime, the city wants El Paso Electric to submit a report justifying the rates it already charges. City Representative Courtney Niland says the power company's rates are too high. El Paso Electric says the rates are fair and should be higher.
"I believe that our rates are going to prove to be lower than what we should be receiving and we expect an increase at the end of this process which would be in August," says Richard Fleager, El Paso Electric.
"I find it hard to believe that the Public Utility Commission of Texas which is responsible for making sure municipalities have reasonable rates would raise what are already amongst the highest in the state," says Niland.
The Public Utility Commission will eventually have to set a new permanent rate.