Electricity Price per kWh in New Mexico
In New Mexico, residential electricity costs about 15.15 ¢/kWh — about 22% below the national average of 19.32 ¢/kWh. At a typical 900 kWh of monthly use, that comes to about $136.35 a month at the all-in average rate — delivery, fixed charges, and utility fees are already inside it; locally billed taxes vary by area.
Key metrics
| Metric | Value |
|---|---|
| Current average rate | 15.15 ¢/kWh |
| Estimated 900 kWh cost | $136.35 |
| Data period | April 2026 |
Is electricity in New Mexico cheaper than the national average?
That's 4.17¢ less on every kilowatt-hour than the U.S. average.
Frequently asked questions
- How much is electricity per kWh in New Mexico?
- Residential electricity in New Mexico costs about 15.15 ¢/kWh on an all-in basis — delivery, fixed charges, and utility fees are already included — about 22% below the national average of 19.32 ¢/kWh.
- Is electricity in New Mexico cheaper than the national average?
- New Mexico electricity is about 22% cheaper than the U.S. average of 19.32 ¢/kWh (15.15 ¢/kWh in New Mexico).
- How much does 1,000 kWh of electricity cost in New Mexico?
- At New Mexico's average rate of 15.15 ¢/kWh, 1,000 kWh of electricity costs about $151.50.
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 — What a kWh of electricity costs in New Mexico
- New Mexico electricity rates — 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 — What a typical monthly bill looks like
- Electric bill estimator scenarios in New Mexico — Estimate your bill from your monthly usage
- 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 100 kWh in New Mexico — Cost for this usage amount in the same state
- Electricity cost for 300 kWh in New Mexico — Cost for this usage amount in the same state
- Electricity cost for 500 kWh in New Mexico — Cost for this usage amount in 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: April 2026. Estimates use the EIA all-in average residential rate — energy, delivery, fixed charges, and utility fees together, not just the electricity itself. Fees are inside the rate, not an extra on top; how your own bill splits fixed versus per-kWh charges varies by utility. For what's inside the all-in rate, see hidden electricity fees; for how rates and estimates are defined, see the methodology hub.