Electricity Cost: New Mexico vs Texas
New Mexico rate
15.29 ¢/kWh
Texas rate
15.83 ¢/kWh
New Mexico 900 kWh bill
$137.61
Texas 900 kWh bill
$142.47
Comparison
| State | Electricity rate | Estimated monthly bill |
|---|---|---|
| New Mexico | 15.29 ¢/kWh | $137.61 |
| Texas | 15.83 ¢/kWh | $142.47 |
Difference Summary
Electricity in Texas costs approximately 3% more than in New Mexico based on typical household electricity use.
Difference: $-4.86 (-3.4%) at 900 kWh/month
Monthly Bill Comparison
Related Pages
Frequently Asked Questions
- Which state has cheaper electricity: New Mexico or Texas?
- New Mexico has cheaper electricity. At 900 kWh/month, the estimated bill is $137.61 in New Mexico vs $142.47 in Texas—about 3.4% less.
- How much more expensive is electricity in Texas?
- At 900 kWh/month, electricity in Texas costs about $4.86 more per month than in New Mexico—roughly 3.4% higher.
- 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.