EPE's Notice of Application to Implement Fuel Refund

EPE's Notice of Application to Implement Fuel Refund NOTICE OF APPLICATION TO IMPLEMENT AN INTERIM FUEL REFUND On February 13, 2026, El Paso Electric Company (EPE or Company) filed an Application with the Public Utility Commission of Texas (PUC or Commission) to implement an interim refund of a net over-recovery of fuel costs incurred through December 2025. The docket number assigned to this proceeding is PUC Docket No. 59373. This application was made under 16 Texas Admin. Code § 25.237(a)(3)(B) and, if granted, will affect all EPE Texas retail customers who take service under a tariff rate schedule having a Fixed Fuel Factor clause. The total amount of the net over-recovery balance to be returned to customers through the proposed refund is $40,054,380, inclusive of interest through the end of the refund period. EPE proposes a refund period of three months and requests that the proposed refund be effective with the first billing cycle for the March 2026 billing month and conclude with the final billing cycle for the May 2026 billing month for any customer that will be refunded through a factor applied to their kilowatt-hour usage over the refund period. Transmission level customers and seasonal agriculture customers in Rate Class 34 will receive the amount to be refunded in the March billing month. The effect of the refund on customers' bills will vary depending on the rate schedule under which they take service. The bill impact on a typical residential customer is based on the historical average consumption in the months of March, April, and May 2026. The monthly total bill credit for an average consumption of 464 kWh during the non-summer months of March and April is $16.14, representing a 23.32% reduction in total bills. For an average consumption of 904 kWh during the summer month of May, the bill credit is $31.44, representing a 23.28% reduction in total bills for May 2025. This refund will be subject to final review by the Commission in EPE's next fuel reconciliation. Persons with questions or who want more information on this petition may contact El Paso Electric Company at 100 N. Stanton, El Paso, Texas 79901, or call (915) 543-5970 during normal business hours and request additional information concerning the EPE fuel refund beginning in March 2026. A complete copy of the petition is also available for inspection at the address listed above. Persons who wish to formally participate in this proceeding, or who wish to express their comments concerning this petition, should contact the Public Utility Commission of Texas, Office of Customer Protection, P.O. Box 13326, Austin, Texas 78711-3326, or call (512) 936-7120 or toll-free at (888) 782-8477. Hearing and speech-impaired individuals with text telephones (TTY) may call (512) 936-7100 or use Relay Texas (toll-free) 1-800-735-2989. February 23 2026 LACO0463510