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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

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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.

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.

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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 $48,778, versus $58,522 for the U.S.[4]
    • Compared to the U.S.: Median household income in New Mexico is approximately 17 percent less than the median income for the U.S. as a whole.[4]
    • Poverty level: Approximately 20 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?

Seven southern states (AL, FL, GA, SC, TN, TX & VA) are often in the top ten in electricity consumption due to high cooling demand.

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

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