El Paso Electric Co - Company Profile
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El Paso Electric Co (El Paso) is a vertically integrated electric utility. It generates, transmits, and distributes power. The company produces energy using nuclear, natural gas, and coal sources; and procures electricity from conventional and renewable energy producers. It has ownership and operational interest in various power generation facilities. El Paso retails electricity to residential, commercial, industrial, public authority, and other customers in Texas and New Mexico; and sells it for resale to other electric utilities and power marketers on a wholesale basis. The company’s service area extends from Hatch in New Mexico to Van Horn in Texas and includes connections to Juarez in Mexico and its national utility, Comision Federal de Electricidad. El Paso is headquartered in El Paso, Texas, the US.
El Paso Electric Co premium industry data and analytics
Products and Services
Products |
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Product: |
Electricity |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In September, the company entered into an agreement with EDF Renewables North America for 150 MWac Milagro Solar and the 75 MW / 300 MWh milagro storage project. |
2023 | New Products/Services | The company upgraded its customer information system to Oracle utilities customer cloud service to enable smart meters, improve customer experience, and simplify technology infrastructure. |
2021 | Regulatory Approval | In December, the company secured approval from New Mexico Public Regulation Commission (NMPRC) to expand electric vehicle infrastructure and outreach across its Southern New Mexico service territory. |
Competitor Comparison
Key Parameters | El Paso Electric Co | Edison International | CenterPoint Energy Inc | Oncor Electric Delivery Co LLC | Southwestern Electric Power Co |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | El Paso | Rosemead | Houston | Dallas | Columbus |
State/Province | Texas | California | Texas | Texas | Ohio |
No. of Employees | 1,100 | 13,388 | 8,986 | 4,561 | 1,372 |
Entity Type | Private | Public | Public | Private | Private |
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Edward Escudero | Chairman | Executive Board | 2023 | - |
Kelly A. Tomblin | President; Director; Chief Executive Officer | Executive Board | - | - |
Richard Ostberg | Chief Financial Officer | Senior Management | - | - |
Cynthia S. Prieto | Vice President; Controller | Senior Management | 2020 | - |
Omar A. Gallegos | Vice President - Transmission & Distribution | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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