El Paso Electric files two-year, electric vehicle infrastructure incentivization plan in New Mexico

Regional electric utility El Paso Electric (EPE) filed its Transportation Electrification Plan (TEP) with the New Mexico Public Regulation Commission (NMPRC) last week, providing a two-year idea for increasing electric vehicle (EV) use through new smart infrastructure programs.

The company intends to grow EV usage among its more than 440,000 customers through incentivization efforts that include rebate and pilot rate programs. It also intends to challenge preconceived notions or lack of awareness on the benefits of EVs through a customer outreach program meant to improve familiarity with and knowledge of electrification.

“The filing of our Transportation Electrification Plan is another example of how we are transforming the energy landscape to meet the evolving needs of our customers in a safe, reliable, and sustainable way,” Kelly Tomblin, EPE CEO, said. “We are excited to work with the NMPRC Staff and Stakeholders as we move through the approval process to deliver the services our customers expect and deserve. Our plan will allow us to provide new incentives and benefits that will help support the electrification transportation evolution that is occurring for the benefit of both our customers and a cleaner environment.”

These incentives include customer rebate pilot programs for smart charging infrastructure among both residential and commercial customers, pilot rate options that will allow customers to save money if they charge during off-peak times, and the commissioning of an Electrification Grid Impact Study to help determine the best way to meet a projected increase of EV adoption and electricity consumption on a systemwide level.

If all goes well with the NMPRC, the plan could spring into action by the third quarter of this year. Currently, EPE predicts final approval in the second quarter.