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Comprehensive Local Electricity Guide

Socorro Electricity Rates

Commercial Electricity in Socorro

^ The average commercial electricity rate in Socorro, NM is 12.58¢/kWh.[1]

Residential Electricity in Socorro

^ The average residential electricity rate in Socorro, NM is 15.52¢/kWh.[1]

Industrial Electricity in Socorro

^ The average industrial electricity rate in Socorro, NM is 10.67¢/kWh.[1]

NM Electricity

Socorro, NM Electricity Statistics

Commercial electricity rates in Socorro


  • Commercial Electricity in Socorro
    • The average commercial electricity rate in Socorro is 12.58¢/kWh.[1]
    • This average (commercial) electricity rate in Socorro is 34.98% greater than the New Mexico average rate of 9.32¢/kWh.[2]
    • The average (commercial) electricity rate in Socorro is 24.68% 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 Socorro


  • Residential Electricity in Socorro
    • The average residential electricity rate in Socorro is 15.52¢/kWh.[1]
    • This average (residential) electricity rate in Socorro is 36.5% greater than the New Mexico average rate of 11.37¢/kWh.[2]
    • The average (residential) electricity rate in Socorro is 30.64% 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 Socorro


  • Industrial Electricity in Socorro
    • The average industrial electricity rate in Socorro is 10.67¢/kWh.[1]
    • This average (industrial) electricity rate in Socorro is 83.02% greater than the New Mexico average rate of 5.83¢/kWh.[2]
    • The average (industrial) electricity rate in Socorro is 59.97% 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 Socorro, NM

Socorro, NM Income Breakdown [4]


Income Summary for Socorro, NM


    • Household income: The city of Socorro has a median household income of $43,107, versus $62,843 for the U.S.[4]
    • Compared to the U.S.: Median household income in Socorro is approximately 31 percent less than the median income for the entire United States.[4]
    • Poverty level: Approximately 11.5 percent of Socorro 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: Socorro vs. Nation [4]


Additional information about Socorro

About Socorro

Socorro is a city located in Socorro County in the state of New Mexico, and has a population of approximately 9,051.[6]

NM Electricity

More about Socorro utilities

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

Did you know?

In 2011, space cooling accounted for approximately 19 percent of total U.S. residential electricity consumption.

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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