Electricity LocalElectricity Local
Comprehensive Local Electricity Guide

New Mexico Electricity Rates & Consumption

Electricity Rates in NM

^ The average residential electricity rate in New Mexico is 11.37¢/kWh, which ranks 25th in the U.S. [1]

Electricity Rates in NM by City

Select a city for local information:
Go

Electricity Consumption in NM

^ Electricity consumption by New Mexico residents averages 656 kWh per month, which ranks 42nd in the nation.[1]

NM Electricity

Residential Electricity Rates & Consumption in New Mexico

Residential electricity bills in New Mexico


  • Residential electricity bills in NM [1]
    • The average monthly residential electricity bill in New Mexico is $75, which ranks 51st in the U.S.
    • This average monthly residential electricity bill in New Mexico is 29.91% less than the national average monthly bill of $107.
    • Average monthly residential electricity bills in the U.S. range from approximately $75 to $203.

Residential electricity rates in New Mexico


  • Residential electricity rates in NM [1]
    • Residential electricity rates in New Mexico average 11.37¢/kWh, which ranks the state 25th in the nation.
    • The average residential electricity rate of 11.37¢/kWh in NM is 4.29% less than the national average residential rate of 11.88¢/kWh.
    • The approximate range of residential electricity rates in the U.S. is 8.37¢/kWh to 37.34¢/kWh.

Residential electricity consumption in New Mexico


  • Residential electricity consumption in NM [1]
    • Residential electricity consumption in New Mexico averages 656 kWh/month, which ranks 42nd in the U.S.
    • This average monthly residential electricity consumption in NM is 27.35% less than the national average monthly consumption of 903 kWh/month.
    • Monthly residential electricity consumption in the U.S. ranges from approximately 531 kWh/mo. to 1,254 kWh/mo.
Solar Quotes
Solar Quotes

Commercial Electricity Rates & Consumption in New Mexico

Commercial electricity bills in New Mexico


  • Commercial electricity bills in NM [2]
    • The average monthly commercial electricity bill in New Mexico is $518, which ranks 31st in the nation.
    • This average monthly commercial electricity bill in New Mexico is 17.65% less than the national average monthly bill of $629.
    • Average monthly commercial electricity bills in the U.S. range from approximately $334 to $3,288.

Commercial electricity rates in New Mexico


  • Commercial electricity rates in NM [2]
    • Commercial electricity rates in New Mexico average 9.32¢/kWh, which ranks the state 27th in the nation.
    • The average commercial electricity rate of 9.32¢/kWh in NM is 7.63% less than the national average commercial rate of 10.09¢/kWh.
    • The approximate range of commercial electricity rates in the U.S. is 6.86¢/kWh to 34.88¢/kWh.

Commercial electricity consumption in New Mexico


  • Commercial electricity consumption in NM [2]
    • Commercial electricity consumption in New Mexico averages 5,558 kWh/month, which ranks 27th in the nation.
    • This average monthly commercial electricity consumption in NM is 10.9% less than the national average consumption of 6,238 kWh/month.
    • Monthly commercial electricity consumption in the U.S. ranges from approximately 3,244 kWh/mo. to 27,352 kWh/mo.

How Does Your Electricity Rate Compare?

How Does Your Electricity Rate Compare? Enter Your Rate
& Click "Compare"
to Find Out
Enter your rate (numbers only) from your electricity bill. Example: 9.63

Industrial Electricity Rates & Consumption in New Mexico

Industrial electricity bills in New Mexico


  • Industrial electricity bills in NM [3]
    • The average monthly industrial electricity bill in New Mexico is $4,276, which ranks 41st in the nation.
    • This average monthly industrial electricity bill in New Mexico is 42.86% less than the national average monthly bill of $7,483.
    • Average monthly industrial electricity bills in the U.S. range from approximately $1,285 to $993,225.

Industrial electricity rates in New Mexico


  • Industrial electricity rates in NM [3]
    • Industrial electricity rates in New Mexico average 5.83¢/kWh, which ranks the state 38th in the nation.
    • The average industrial electricity rate of 5.83¢/kWh in NM is 12.59% less than the national average industrial rate of 6.67¢/kWh.
    • The approximate range of industrial electricity rates in the U.S. is 4.13¢/kWh to 30.82¢/kWh.

Industrial electricity consumption in New Mexico


  • Industrial electricity consumption in NM [3]
    • Industrial electricity consumption in New Mexico averages 73,331 kWh/month, which ranks 38th in the nation.
    • This average monthly industrial electricity consumption in NM is 34.62% less than the national average consumption of 112,158 kWh/month.
    • Monthly industrial electricity consumption in the U.S. ranges from approximately 18,333 kWh/mo. to 18,198,000 kWh/mo.

Household Income in New Mexico

Income Breakdown in New Mexico [4]


Income Summary for New Mexico


    • Household income: The state of New Mexico has a median household income is $49,754, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in New Mexico is approximately 21 percent less than the median income for the U.S. as a whole.[4]
    • Poverty level: Approximately 14.5 percent of households in NM have incomes below the poverty level.[4]
    • Electric bills: The average residential electricity bill in New Mexico is about $75/month, ranking 51st in the U.S. and 29.91% less than the national average of $107.[5]

Household Income: New Mexico vs. Nation [4]



Additional information about New Mexico

About New Mexico

The state of New Mexico has a population of approximately 2,059,179, ranking 36th in the nation.[6]

NM Electricity

More about New Mexico utilities

For more information about New Mexico electricity, or for additional resources regarding electricity & utilities in your state, visit the Energy Information Administration.

Did you know?

The world’s largest source for producing electricity is coal. Coal generates nearly half of the electricity in the U.S.

New Mexico Cities

References

1. ^ U.S. Energy Information Administration (2012)

2. ^ U.S. Department of Energy

3. ^ U.S. Energy Information Administration

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau

[ X ]

Is solar right for your home?

Take the first step toward powering your home with solar energy.

Start now with an online solar savings estimate.