El Paso Electric’s move to stop the city from trying to force it to lower rates might be without precedent, but the city’s actions also are exceedingly rare.
Only twice in the memories of regulators, consumer representatives and a career utility attorney have cities ordered electric companies to show why their rates shouldn’t be cut. The local case appears to be the first in which a city accused a power company of taking excessive profits from its customers.
Read more from the Las Cruces Sun-News.