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Comprehensive Local Electricity Guide

Folsom Electricity Rates

Commercial Electricity in Folsom

^ The average commercial electricity rate in Folsom, NM is 12.23¢/kWh.[1]

Residential Electricity in Folsom

^ The average residential electricity rate in Folsom, NM is 17.28¢/kWh.[1]

Industrial Electricity in Folsom

^ The average industrial electricity rate in Folsom, NM is 6.74¢/kWh.[1]

NM Electricity

Folsom, NM Electricity Statistics

Commercial electricity rates in Folsom


  • Commercial Electricity in Folsom
    • The average commercial electricity rate in Folsom is 12.23¢/kWh.[1]
    • This average (commercial) electricity rate in Folsom is 31.22% greater than the New Mexico average rate of 9.32¢/kWh.[2]
    • The average (commercial) electricity rate in Folsom is 21.21% greater than the national average rate of 10.09¢/kWh. Commercial rates in the U.S. range from 6.86¢/kWh to 34.88¢/kWh.[2]

Residential electricity rates in Folsom


  • Residential Electricity in Folsom
    • The average residential electricity rate in Folsom is 17.28¢/kWh.[1]
    • This average (residential) electricity rate in Folsom is 51.98% greater than the New Mexico average rate of 11.37¢/kWh.[2]
    • The average (residential) electricity rate in Folsom is 45.45% greater than the national average rate of 11.88¢/kWh. Residential rates in the U.S. range from 8.37¢/kWh to 37.34¢/kWh.[2]

Industrial electricity rates in Folsom


  • Industrial Electricity in Folsom
    • The average industrial electricity rate in Folsom is 6.74¢/kWh.[1]
    • This average (industrial) electricity rate in Folsom is 15.61% greater than the New Mexico average rate of 5.83¢/kWh.[2]
    • The average (industrial) electricity rate in Folsom is 1.05% greater than the national average rate of 6.67¢/kWh. Industrial rates in the U.S. range from 4.13¢/kWh to 30.82¢/kWh.[2]
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New Mexico Electricity Rates & Consumption

Commercial electricity in New Mexico


  • Commercial electricity rates in NM [3]
    • The average commercial electricity rate in New Mexico is 9.32¢/kWh, which ranks 27th in the nation and is 7.63% less than the national average rate of 10.09¢/kWh.[3]
  • Commercial electricity consumption in NM [3]
    • Commercial electricity consumption in New Mexico averages 5,558 kWh/month, which ranks 27th in the nation and is 10.9% less than the national average of 6,238 kWh/month.
  • Commercial electricity bills in NM [3]
    • The average monthly commercial electricity bill in New Mexico is $518, which ranks 31st in the nation and is 17.65% less than the national average of $629.
  • electricity Learn more about commercial electricity in New Mexico

Residential electricity in New Mexico


  • Residential electricity rates in New Mexico [3]
    • The average residential electricity rate in New Mexico is 11.37¢/kWh, which ranks 25th in the nation and is 4.29% less than the national average rate of 11.88¢/kWh.
  • Residential electricity consumption in NM [3]
    • Residential electricity consumption in New Mexico averages 656 kWh/month, which ranks 42nd in the nation and is 27.35% less than the national average of 903 kWh/month.
  • Residential electricity bills in NM [3]
    • The average monthly residential electricity bill in New Mexico is $75, which ranks 51st in the nation and is 29.91% less than the national average of $107 per month.
  • electricity Learn more about residential electricity in New Mexico

Industrial electricity in New Mexico


  • Industrial electricity rates in New Mexico [3]
    • The average industrial electricity rate in New Mexico is 5.83¢/kWh, which ranks 38th in the nation and is 12.59% less than the national average rate of 6.67¢/kWh.
  • Industrial electricity consumption in NM [3]
    • Industrial electricity consumption in New Mexico averages 73,331 kWh/month, which ranks 38th in the nation and is 34.62% less than the national average of 112,158 kWh/month.
  • Industrial electricity bills in NM [3]
    • The average monthly industrial electricity bill in New Mexico is $4,276, which ranks 41st in the nation and is 42.86% less than the national average of $7,483.
  • electricity Learn more about industrial electricity in New Mexico

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Household Income in Folsom, NM

Folsom, NM Income Breakdown [4]


Income Summary for Folsom, NM


    • Household income: The city of Folsom has a median household income of $69,583, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Folsom is approximately 11 percent greater than the median income for the entire United States.[4]
    • Poverty level: Approximately 0.0 percent of Folsom households have incomes below 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]

Income: Folsom vs. Nation [4]


Additional information about Folsom

About Folsom

Folsom is a village located in Union County in the state of New Mexico, and has a population of approximately 56.[6]

NM Electricity

More about Folsom utilities

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

Did you know?

One way to produce electricity is by hydropower, where electricity is generated by water spinning turbines attached to generators.

Additional Cities in NM

References

1. ^ National Renewable Energy Laboratory

2. ^ U.S. Department of Energy

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

4. ^ United States Census Bureau

5. ^ U.S. Energy Information Administration

6. ^ United States Census Bureau

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