Electricity Price per kWh in New Mexico
This page shows the latest statewide residential electricity price per kWh for New Mexico, along with usage-based cost estimates and national comparison context.
Current average rate
14.81 ¢/kWh
Estimated 900 kWh cost
$133.29
Data period
March 2026
Published monthly
Key metrics
| Metric | Value |
|---|---|
| Current average rate | 14.81 ¢/kWh |
| Estimated 900 kWh cost | $133.29 |
| Data period | March 2026 |
How New Mexico compares nationally
New Mexico rate
14.81 ¢/kWh
U.S. average
19.04 ¢/kWh
Difference
-22.2%
Category
lower than national average
New Mexico is below the U.S. average by 4.23¢ per kWh.
Compare electricity options in New Mexico
Explore savings options, plan types, and provider offers for New Mexico.
State cost and bill pathways for New Mexico
- Average power price in New Mexico — Residential rate benchmark used in scenario estimates
- New Mexico electricity overview — Core authority page with statewide pricing context
- Electricity cost in New Mexico — State-level cost, affordability, and value overview
- New Mexico monthly electricity bill estimate — Bill-focused context for household usage
- Electric bill estimator scenarios in New Mexico — Household profile bill scenarios with fixed monthly kWh assumptions
- New Mexico data profile — Machine-readable state profile and metrics
Historical and trend pages
- Historical electricity prices in New Mexico — Historical context and trend interpretation
- Electricity inflation in New Mexico — State electricity inflation analysis
- New Mexico electricity price volatility — Volatility and rate movement profile
Fixed-usage and calculator pathways
- Electricity cost for 500 kWh in New Mexico — Usage-tier estimate for the same state
- Electricity cost for 1,000 kWh in New Mexico — Usage-tier estimate for the same state
- 1,500 kWh cost in New Mexico — Usage-tier estimate for the same state
- Custom usage calculator for New Mexico — Custom kWh and scenario cost calculation
Appliance and estimator pathways
- Refrigerator cost in New Mexico — Appliance operating-cost page for this state
- Refrigerator calculator in New Mexico — Calculator page for adjusting wattage and usage for this appliance
- Space Heater cost in New Mexico — Appliance operating-cost page for this state
- Space Heater calculator in New Mexico — Calculator page for adjusting wattage and usage for this appliance
- Window Ac cost in New Mexico — Appliance operating-cost page for this state
- Window Ac calculator in New Mexico — Calculator page for adjusting wattage and usage for this appliance
State comparison pathways for New Mexico
- Compare New Mexico with other states — State-to-state comparison hub
- New Mexico vs California electricity cost — Head-to-head comparison page
- New Mexico vs Florida electricity cost — Head-to-head comparison page
Discovery and navigation hubs
- New Mexico electricity hub — Guide to this state's electricity rate, usage, comparison, and tool pages
- Electricity cost scenario hub — Entry point for residential and industry scenario pages
- New Mexico electricity cost overview — State-level electricity cost page with rates and typical bill context
- New Mexico average electricity bill benchmark — Typical monthly bill estimate using a standard household usage assumption
- New Mexico electricity bill estimator — Household profile bill scenarios for this state
- Electricity usage hubs — Browse cost pages by common household usage tiers
Consumer electricity drivers
- Price drivers in New Mexico — Understand what influences state electricity prices
Source & Method
Source: U.S. Energy Information Administration (EIA) Retail Sales of Electricity. Updated: March 2026. Estimates are energy-only and exclude delivery charges, taxes, and fixed utility fees. For how rates and estimates are defined, see the methodology hub.