Exhibit 15


El Paso Electric Company
El Paso, Texas

Ladies and Gentlemen:

Registration Statement Nos. 333-17971 and 333-82129

With respect to the subject registration statements, we acknowledge our
awareness of the use therein of our report dated April 23, 2002 related to our
review of interim financial information.

Pursuant to Rule 436(c) under the Securities Act of 1933, such a report is not
considered part of the registration statement prepared or certified by an
accountant or a report prepared or certified by an accountant within the meaning
of sections 7 and 11 of the Act.

                                            Very truly yours,

                                            KPMG LLP


El Paso, Texas
May 10, 2002