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El Paso Electric Company engages in the generation, transmission, and distribution of electricity. It serves retail customers in west Texas and southern New Mexico; and wholesale customers in Texas. The company owned or had ownership interests in six electrical generating facilities, as of December 31, 2003. Its energy sources consist of nuclear fuel, natural gas, coal, wind powered resources, and purchased power. In addition, the company owned or had ownership interests in four 345 kV transmission lines and three 500 kV transmission lines utilized to transfer power from Palo Verde and Four Corners, and owned the transmission and distribution network within its retail service territory, as of the above date. El Paso Electric was incorporated in 1901 and has its principal executive offices in El Paso, Texas.
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