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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 RWiTXMhvIxgJBgJ0NLlhVkYEZqXUtffQol2t93yCkaGxmpuEJk16ulZ7XUn+LHd5
 QqbQsd4rJ7GQF17EUkhsBQ==

<SEC-DOCUMENT>0001181431-03-017613.txt : 20030806
<SEC-HEADER>0001181431-03-017613.hdr.sgml : 20030806
<ACCEPTANCE-DATETIME>20030806161337
ACCESSION NUMBER:		0001181431-03-017613
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030805
FILED AS OF DATE:		20030806

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EL PASO ELECTRIC CO /TX/
		CENTRAL INDEX KEY:			0000031978
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				740607870
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		303 N OREGON ST
		CITY:			EL PASO
		STATE:			TX
		ZIP:			79901
		BUSINESS PHONE:		9155435711

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HOLLAND BRANCH PATRICIA Z
		CENTRAL INDEX KEY:			0001192307

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14206
		FILM NUMBER:		03826397

	BUSINESS ADDRESS:	
		STREET 1:		123 W MILLS
		CITY:			EL PASO
		STATE:			TX
		ZIP:			79901
		BUSINESS PHONE:		9155435711

	MAIL ADDRESS:	
		STREET 1:		123 W MILLS
		CITY:			EL PASO
		STATE:			TX
		ZIP:			79901
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd15451.xml
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-08-05</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000031978</issuerCik>
        <issuerName>EL PASO ELECTRIC CO /TX/</issuerName>
        <issuerTradingSymbol>EE</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001192307</rptOwnerCik>
            <rptOwnerName>HOLLAND BRANCH PATRICIA Z</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>5051 MONTOYA</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>EL PASO</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>79922</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-05</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>5910</value></transactionShares><transactionPricePerShare><value>11.27</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>12001</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTab
le><ownerSignature><signatureName>Patricia Z. Holland-Branch</signatureName><signatureDate>2003-08-06</signatureDate></ownerSignature></ownershipDocument>



</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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