Electricity Cost: Florida vs New Mexico

Electricity in Florida and New Mexico cost about the same based on typical household electricity use. Florida averages 14.86¢/kWh and New Mexico averages 14.81¢/kWh, putting a typical 900 kWh monthly bill at $134 vs $133.

Based on average residential rates from EIA data · 900 kWh standard usage benchmark

Florida rate
14.86 ¢/kWh
New Mexico rate
14.81 ¢/kWh
Florida 900 kWh bill
$133.74
New Mexico 900 kWh bill
$133.29

Comparison

StateElectricity rateEstimated monthly bill
Florida14.86 ¢/kWh$133.74
New Mexico14.81 ¢/kWh$133.29

Difference Summary

Electricity in Florida and New Mexico cost about the same based on typical household electricity use.

Difference: +$0.45 (+0.3%) at 900 kWh/month

Monthly Bill Comparison

Estimated monthly bill at 900 kWhEstimated monthly bill at 900 kWh. Florida vs New Mexico. Florida: $133.74; New Mexico: $133.29Florida$133.74New Mexico$133.29
Florida vs New Mexico

Related Pages

Frequently Asked Questions

Which state has cheaper electricity: Florida or New Mexico?
New Mexico has cheaper electricity. At 900 kWh/month, the estimated bill is $133.29 in New Mexico vs $133.74 in Florida—about 0.3% less.
How much more expensive is electricity in Florida?
Electricity costs about the same in both states at 900 kWh/month.
Why do electricity prices vary between states?
Electricity prices vary due to generation mix (coal, gas, nuclear, renewables), transmission costs, regulations, taxes, and demand. States with more hydropower or natural gas often have lower rates; those relying on imported power or with higher renewable mandates may have higher rates.

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