SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                             SHARES PURCHASED        AVERAGE
                                  DATE            SOLD(-)             PRICE(2)

           COMMON STOCK-EL PASO ELEC CO

                    GAMCO INVESTORS, INC.
                                 5/18/01            5,000-           15.4000
                                 5/09/01            2,000-           15.1000
                                 5/07/01            2,000-           15.1500
                                 4/30/01           34,000            14.0970
                                 4/27/01            1,000            14.0400
                                 4/27/01            1,000            14.0500
                                 4/26/01           12,000            14.0190
                                 4/16/01            1,500            13.2480
                                 4/12/01            2,000-           13.0550
                                 4/12/01           20,000            13.2000
                                 4/09/01            1,000            13.2000
                                 4/09/01            2,500            13.1000
                                 4/06/01            2,000            12.8500
                                 4/05/01            1,500            13.1800
                                 4/03/01            2,500-           13.0228
                                 3/29/01            3,500            12.9229
                                 3/28/01            3,000            12.7783
                    GABELLI ADVISERS, INC.
                                 5/17/01              100-           15.1539
                     GABELLI FUNDS, LLC.
                         GABELLI UTILITY TRUST
                                 5/21/01           28,000-           15.5147
                         GABELLI EQUITY INCOME FUND
                                 5/09/01            5,000-           15.1500
                         GABELLI CAPITAL ASSET FUND
                                 5/04/01            7,500-           14.9511
                         GABELLI ABC FUND
                                 5/17/01            6,900-           15.1539
                                 5/10/01              800-           15.1800
                                 5/09/01           15,000-           15.1500
                                 5/07/01            2,300-           15.1500


          (1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
              ON THE AMEX.

          (2) PRICE EXCLUDES COMMISSION.