Electricity Cost: New Mexico vs Texas

Electricity costs about 11% more in Texas than in New Mexico. A typical monthly bill runs about $136 in New Mexico vs $153 in Texas.

Based on average residential rates from EIA data · 900 kWh of monthly use

New Mexico rate
15.15 ¢/kWh
Texas rate
16.99 ¢/kWh
New Mexico 900 kWh bill
$136.35
Texas 900 kWh bill
$152.91

Is electricity cheaper in New Mexico or Texas?

StateElectricity rateEstimated monthly bill
New Mexico15.15 ¢/kWh$136.35
Texas16.99 ¢/kWh$152.91

What the difference adds up to

At a typical 900 kWh a month, a household in Texas pays about $16.56 more than one in New Mexico — about 11% higher, or roughly $199 a year for the same electricity.

Monthly Bill Comparison

Estimated monthly bill at 900 kWhEstimated monthly bill at 900 kWh. New Mexico vs Texas. New Mexico: $136.35; Texas: $152.91New Mexico$136.35Texas$152.91
New Mexico vs Texas

Related Pages

Frequently Asked Questions

Is electricity cheaper in New Mexico or Texas?
New Mexico has cheaper electricity. At 900 kWh/month, the estimated bill is $136.35 in New Mexico vs $152.91 in Texas—about 10.8% less.
How much more expensive is electricity in Texas?
At 900 kWh/month, electricity in Texas costs about $16.56 more per month than in New Mexico—roughly 10.8% 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.

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