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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 WuBmbXLZdkgt81kF9+97vFNuujmvn/+PBLlT7Y6sch3dKy19ODrJeVxglrbYZm8s
 BVesUzR6YNo4S4i7nRGl6A==

<SEC-DOCUMENT>0001181431-03-025643.txt : 20031003
<SEC-HEADER>0001181431-03-025643.hdr.sgml : 20031003
<ACCEPTANCE-DATETIME>20031003121038
ACCESSION NUMBER:		0001181431-03-025643
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031001
FILED AS OF DATE:		20031003

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:			CICCONI JAMES W
		CENTRAL INDEX KEY:			0001168018

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14206
		FILM NUMBER:		03926973

	BUSINESS ADDRESS:	
		STREET 1:		1120 20TH STREET NW
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036-3406
		BUSINESS PHONE:		202-457-2233
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd19922.xml
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-10-01</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000031978</issuerCik>
        <issuerName>EL PASO ELECTRIC CO /TX/</issuerName>
        <issuerTradingSymbol>EE</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001168018</rptOwnerCik>
            <rptOwnerName>CICCONI JAMES W</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>7019 D'EVEREUX CIRCLE DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ALEXANDRIA</rptOwnerCity>
            <rptOwnerState>VA</rptOwnerState>
            <rptOwnerZipCode>22315</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>2003-10-01</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>779</value></transactionShares><transactionPricePerShare><value>11.55</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>18279</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTabl
e><ownerSignature><signatureName>Hilda Vargas as attorney in fact for James W. Cicconi</signatureName><signatureDate>2003-10-03</signatureDate></ownerSignature></ownershipDocument>



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</TEXT>
</DOCUMENT>
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