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Comprehensive Local Electricity Guide

Hope Electricity Rates

Commercial Electricity in Hope

^ The average commercial electricity rate in Hope, NM is 19.54¢/kWh.[1]

Residential Electricity in Hope

^ The average residential electricity rate in Hope, NM is 18.56¢/kWh.[1]

Industrial Electricity in Hope

^ The average industrial electricity rate in Hope, NM is 12.11¢/kWh.[1]

NM Electricity

Hope, NM Electricity Statistics

Commercial electricity rates in Hope


  • Commercial Electricity in Hope
    • The average commercial electricity rate in Hope is 19.54¢/kWh.[1]
    • This average (commercial) electricity rate in Hope is 109.66% greater than the New Mexico average rate of 9.32¢/kWh.[2]
    • The average (commercial) electricity rate in Hope is 93.66% 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 Hope


  • Residential Electricity in Hope
    • The average residential electricity rate in Hope is 18.56¢/kWh.[1]
    • This average (residential) electricity rate in Hope is 63.24% greater than the New Mexico average rate of 11.37¢/kWh.[2]
    • The average (residential) electricity rate in Hope is 56.23% 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 Hope


  • Industrial Electricity in Hope
    • The average industrial electricity rate in Hope is 12.11¢/kWh.[1]
    • This average (industrial) electricity rate in Hope is 107.72% greater than the New Mexico average rate of 5.83¢/kWh.[2]
    • The average (industrial) electricity rate in Hope is 81.56% 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 Hope, NM

Hope, NM Income Breakdown [4]


Income Summary for Hope, NM


    • Household income: The city of Hope has a median household income of $-666,666,666, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Hope is approximately 1060945 percent less than the median income for the entire United States.[4]
    • Poverty level: Approximately 3.4 percent of Hope 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: Hope vs. Nation [4]


Additional information about Hope

About Hope

Hope is a village located in Eddy County in the state of New Mexico, and has a population of approximately 105.[6]

NM Electricity

More about Hope utilities

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

Did you know?

The U.S. produces nearly half of its electricity from coal. In China, the percenttage is nearly three-fourths.

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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