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Home > Company Index > Utilities > Electric Utilities > El Paso Electric Company

El Paso Electric Company
AMEX: EE
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 PROFILE
El Paso Electric creates currents in the Rio Grande Valley. The utility generates and distributes electricity to more than 300,000 customers in West Texas and southern New Mexico. More than half of the company's sales come from its namesake city. The firm has 1,500 MW of generating capacity, half of which comes from the Palo Verde nuclear power plant. El Paso Electric also sells wholesale power in the southwestern US and in northern Mexico, and offers energy efficiency services. El Paso Electric will be exempt from Texas deregulation until 2005, and has delayed plans to separate generation operations from transmission and distribution operations due to conflicting restructuring requirements in New Mexico and Texas.

 COMPETITION
Public Service Company of New Mexico (PNM)
Southern Union Company (SUG)
TNP Enterprises, Inc. (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 701.60
1-Yr. Sales Growth: 23.0%
Employees: 1,000
Revenue per employee: $701,600.00

 KEY PEOPLE
• James Haines
    CEO
• Gary R. Hedrick
    CFO

 CONTACT INFO
Kayser Center, 100 N. Stanton
El Paso, TX 79901
US
Phone: 915-543-5711
Fax: 915-521-4787
Online: Web Site

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