El Paso Electric Company

El Paso Electric's Whole-House EV Rate Plan is the primary tool for Texas EV owners who want to cut charging costs. It applies a bill credit of roughly 2.5 cents per kWh to all household energy used between midnight and 8 a.m., with no separate meter or special equipment required; the credit averages about $8 a month. Drivers who want a dedicated EV meter can instead take a separate-meter EV charging rate: Schedule EVC in Texas, or Rate No. 42 in New Mexico. Rate No. 42 sets a summer on-peak window of 3 p.m. to 7 p.m. on weekdays and the cheapest power overnight; the Texas Schedule EVC windows follow a similar time-differentiated structure.

Charger rebates are a New Mexico story. There, EPE's Transportation Electrification Plan funds a Smart Charging rebate of up to $500 for a Level 2 charger (up to $600 for income-qualified customers) and a Home Wiring rebate of up to $1,300 for a 240-volt outlet (up to $1,800 income-qualified, plus up to $2,500 for a needed panel upgrade). Those rebates require enrolling in EV Smart Rewards for at least 18 months. Texas customers get the rate plans and EV Smart Rewards but no charger rebate.

The split comes from EPE's two-state footprint and two regulators. New Mexico's commission approved a multi-year Transportation Electrification Plan that funds the rebates and commercial make-ready, while the Texas side, in a deregulated-generation but regulated-wires market, currently offers rate and managed-charging incentives only. An EV owner near the state line should confirm which jurisdiction their meter sits in, because the available rebates differ.