Average Electricity Bill in New Mexico
Estimated average electricity bills for New Mexico based on the state's residential rate and a standard 900 kWh monthly usage.
Electricity rate
15.29 ¢/kWh
Est. monthly bill (900 kWh)
$137.61
Est. annual bill (10,800 kWh)
$1651.32
Comparison to U.S. Average
New Mexico households pay approximately 13.0% less than the U.S. average.
Monthly Bill Comparison
More Data
- Need usage-based estimates? Try the electricity cost calculator for New Mexico.
- Electricity cost in New Mexico — Rates and cost breakdown
- Full New Mexico knowledge page — Rates, value score, affordability
- Average electricity bill by state
Related electricity pages
Frequently Asked Questions
- What is the average electricity bill in New Mexico?
- The average residential electricity rate in New Mexico is 15.29 cents per kWh. At 900 kWh per month, that translates to an estimated monthly bill of $137.61 and an annual bill of about $1651.32.
- Why are electricity bills higher in some states?
- Electricity bills vary by state due to differences in generation mix, transmission costs, regulations, and local demand. States with higher renewable mandates or limited fossil fuel resources often have higher rates.
- How much electricity does a typical home use per month?
- The U.S. Energy Information Administration reports that the average U.S. residential customer uses about 899 kWh per month. We use 900 kWh as a standard assumption for bill estimates.
- How does New Mexico compare to the U.S. average electricity bill?
- New Mexico households pay approximately 13.0% less than the U.S. average when using 900 kWh per month.