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El Paso Electric to buy new solar plant's power

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The El Paso utility has made a 20-year agreement with NRG Energy, a New Jersey power-generating company, to buy all of the power from the 92-megawatt solar power plant, which NRG will build and operate.

That’s enough power to supply about 30,000 homes, El Paso Electric reported. Earlier, NRG said the project would provide enough power for about 74,000 homes. Most of the electricity will go to New Mexico customers, but some will go to El Paso customers, El Paso Electric CEO David Stevens said.

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