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El Paso Electric Co. Upgrades & Expands their Existing PowerPlan Suite

Atlanta, GA (December 28, 2012) El Paso Electric Co. upgraded their existing PowerPlan solutions to Version 10.3. In addition, El Paso will add PowerPlan’s Tax Repairs solution to their existing PowerTax and Provision system. The Tax Repairs module will give them with a complete system that allows them to realize of advanced tax benefits which increase cash flow while providing insulation from a compliance perspective.

About El Paso Electric Company:

El Paso Electric Company, a public utility company, engages in the generation, transmission, and distribution of electricity in west Texas and southern New Mexico. Its energy sources consist of nuclear fuel, natural gas, coal, and wind turbines, as well as purchased power. The company owns 6 electrical generating facilities with a net dependable generating capability of approximately 1,785 megawatts. It serves approximately 380,000 residential, commercial, industrial, public authority, and wholesale customers. The company distributes electricity to retail customers principally in El Paso, Texas and Las Cruces, New Mexico; and sells electricity to electric utilities and power marketers. El Paso Electric Company was founded in 1901 and is based in El Paso, Texas.

About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email info@powerplan.com or visit www.powerplan.com.

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For more information contact:
Tiffany Smith
678.223.2711
pr@powerplan.com

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