How Much Does 1,500 kWh Cost in New Mexico?

1,500 kWh of electricity costs about $227.25 in New Mexico at the state's average rate of 15.15 ¢/kWh. That uses the all-in average rate — delivery, fixed charges, and utility fees are already inside it; locally billed taxes vary by area.

New Mexico average rate
15.15 ¢/kWh
Estimated 1,500 kWh cost
$227.25
U.S. average cost
$289.80

Key metrics

MetricValue
New Mexico average rate15.15 ¢/kWh
Estimated 1,500 kWh cost$227.25
U.S. average cost$289.80

Compared to U.S. average

New Mexico (1,500 kWh)
$227.25
U.S. (1,500 kWh)
$289.80
Difference
-$62.55

1,500 kWh in New Mexico is less expensive by $62.55 compared to the U.S. average.

kWh cost calculator

Enter any kWh amount and pick your state (or U.S. average) to see estimated electricity cost using published residential average rates.

Estimated cost: $227.25

1,500 kWh × 15.15 ¢/kWh = $227.25 (New Mexico)

Per day (÷30)
$7.58
Per month
$227.25
Per year (×12)
$2727.00

For 1,500 kWh, the lowest state average is North Dakota ($185.25) and the highest is Hawaii ($699.30).

View electricity price per kWh in New Mexico

Source: U.S. Energy Information Administration (EIA) Retail Sales of Electricity. Updated: April 2026.

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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.

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