EL PASO, Texas (KTSM) — El Paso Electric will issue a $40 million refund to Texas customers through the fuel charge with an automatic bill credit that will appear over the March, April, and May billing cycles.

The utility says the refund will be reflected as a line-item credit on eligible customers’ bills, and credits will be applied automatically.

Here’s what customers can expect:

Automatic bill credits in March through May 2026 bills.

Credit amounts vary by customer usage and rate classes.

For a typical residential customer, El Paso Electric estimates an average credit of about $16.14 in March and April, and about $31.44 in May (based on seasonal average usage).

“This refund is a result of selling generation to other utilities during those periods when EPE has excess generation and access to lower cost fuel not available in other markets. EPE continually explores ways to optimize our system to benefit our customers,” the utility said.

For more information, click here.

Copyright 2026 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

For the latest news, weather, sports, and streaming video, head to KTSM 9 News.