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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
August 16, 2002
El Paso Electric Company
(Exact name of registrant as specified in its charter)
Texas 0-296 74-0607870
(State or other (Commission (I.R.S. Employer
jurisdiction of File Number) Identification No.)
incorporation)
Stanton Tower, 100 North Stanton, El Paso, Texas 79901
(Address of principal executive offices) (Zip Code)
(Registrant's telephone number, including area code): (915) 543-5711
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Item 9. Regulation FD Disclosure
The El Paso Electric Company (the "Company") is subject to regulation by
the Federal Energy Regulatory Commission ("FERC") in certain matters, including
rates for wholesale power sales, transmission of electric power and the issuance
of securities. FERC is currently conducting an investigation into potential
manipulation of prices for electricity in the western United States during 2000
and 2001.
On August 13, 2002, FERC issued an order initiating investigation and
establishing hearing procedures and refund effective date (the "order") in
Docket No. EL02-113-000, the effect of which was to further the investigation
into instances of possible misconduct by the Company, and if so, to determine
remedies, including possibly refunds and/or revocation of the Company's and/or
Enron's market-based rate authority.
As with previous orders from the FERC, the Company stands ready to
cooperate in full with the FERC and to respond to all portions of its most
recent order. The intent of the Company is to answer all questions raised by the
FERC candidly, openly and completely.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
EL PASO ELECTRIC COMPANY
By: /s/ Terry Bassham
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Terry Bassham
Executive Vice President,
Chief Financial and
Administrative Officer
(Duly Authorized Officer and
Principal Financial Officer)
Dated: August 16, 2002