Electricity Cost: New Mexico vs Texas
Electricity costs about 14% more in Texas than in New Mexico. A typical monthly bill runs about $127 in New Mexico vs $148 in Texas.
Based on average residential rates from EIA data · 900 kWh of monthly use
New Mexico rate
14.12 ¢/kWh
Texas rate
16.44 ¢/kWh
New Mexico 900 kWh bill
$127.08
Texas 900 kWh bill
$147.96
Is electricity cheaper in New Mexico or Texas?
| State | Electricity rate | Estimated monthly bill |
|---|---|---|
| New Mexico | 14.12 ¢/kWh | $127.08 |
| Texas | 16.44 ¢/kWh | $147.96 |
What the difference adds up to
At a typical 900 kWh a month, a household in Texas pays about $20.88 more than one in New Mexico — about 14% higher, or roughly $251 a year for the same electricity.
Monthly Bill Comparison
Related Pages
- Energy comparison hub
- Compare states
- Electricity cost in New Mexico
- Electricity cost in Texas
- Average electricity bill in New Mexico
- Average electricity bill in Texas
- Electricity bill estimator in New Mexico · New Mexico apartment profile scenario
- Electricity bill estimator in Texas · Texas apartment profile scenario
- Electricity affordability in New Mexico
- Electricity affordability in Texas
- Appliance operating-cost pages in New Mexico
- Appliance operating-cost pages in Texas
- Compare electricity prices between states
Frequently Asked Questions
- Is electricity cheaper in New Mexico or Texas?
- New Mexico has cheaper electricity. At 900 kWh/month, the estimated bill is $127.08 in New Mexico vs $147.96 in Texas—about 14.1% less.
- How much more expensive is electricity in Texas?
- At 900 kWh/month, electricity in Texas costs about $20.88 more per month than in New Mexico—roughly 14.1% 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.