Electricity Inflation in New Mexico
Electricity prices in New Mexico have changed over time. This page summarizes historical price movement, current rate context, and how New Mexico compares to national trends.
Current Electricity Price
The average residential electricity rate in New Mexico is 15.29¢/kWh. At 900 kWh per month, that translates to an estimated bill of about $137.61.
See electricity cost in New Mexico and average electricity bill in New Mexico for more context.
Electricity Price Trend
Historical electricity price movement in New Mexico:
- 1-year change: +2.5%
- 5-year change: +20.2%
- 5-year annualized: +3.70% per year
Price momentum: rising.
Full price history in New Mexico — rate series, trends, and inflation metrics.
Rankings
New Mexico appears in several electricity price rankings. See where New Mexico ranks for price growth, volatility, and long-term trends:
- 1-Year Electricity Inflation — States ranked by 1-year price increase
- 5-Year Electricity Inflation — States ranked by 5-year price increase
- 25-Year Rate Growth (CAGR) — Long-term compound annual growth
- 5-Year Rate Volatility — Price stability over time
- Electricity Price Trend — States where prices are rising fastest
Related Pages
National Context
Explore national electricity inflation trends and how all states compare:
- Electricity Inflation in the United States — National hub for electricity price growth
- Electricity Trends — National price trends and affordability
- Electricity Insights — Most expensive and cheapest states
Explore more
Electricity Inflation | Electricity Trends | Price History | Knowledge Hub