Electricity Cost: New Mexico vs Texas
Electricity costs about 1% more in New Mexico than in Texas. A typical monthly bill runs about $145 in New Mexico vs $143 in Texas.
Based on average residential rates from EIA data · 900 kWh of monthly use
New Mexico rate
16.09 ¢/kWh
Texas rate
15.88 ¢/kWh
New Mexico 900 kWh bill
$144.81
Texas 900 kWh bill
$142.92
Is electricity cheaper in New Mexico or Texas?
| State | Electricity rate | Estimated monthly bill |
|---|---|---|
| New Mexico | 16.09 ¢/kWh | $144.81 |
| Texas | 15.88 ¢/kWh | $142.92 |
What the difference adds up to
At a typical 900 kWh a month, a household in New Mexico pays about $1.89 more than one in Texas — about 1% higher, or roughly $23 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?
- Texas has cheaper electricity. At 900 kWh/month, the estimated bill is $142.92 in Texas vs $144.81 in New Mexico—about 1.3% less.
- How much more expensive is electricity in New Mexico?
- At 900 kWh/month, electricity in New Mexico costs about $1.89 more per month than in Texas—roughly 1.3% 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.