EXHIBIT 23.01

Consent of Independent Registered Public Accounting Firm

The Board of Directors

El Paso Electric Company:

We consent to the incorporation by reference in the registration statements (Nos. 333-17971, 333-82129, and 333-142557) on Form S-8 and (No. 333-151021) on Form S-3 of El Paso Electric Company of our report dated February 25, 2009, with respect to the consolidated balance sheets of El Paso Electric Company and subsidiary as of December 31, 2008 and 2007, and the related consolidated statements of operations, comprehensive operations, changes in common stock equity, and cash flows for each of the years in the three-year period ended December 31, 2008 and the effectiveness of internal control over financial reporting as of December 31, 2008, which report appears in the December 31, 2008 annual report on Form 10-K of El Paso Electric Company. Our report on the consolidated financial statements refers to a change in the Company’s accounting for income tax uncertainties in 2007.

/s/ KPMG LLP

Houston, Texas

February 25, 2009

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