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

This usage-based electricity page estimates the energy-only cost of 1,500 kWh in New Mexico using the latest statewide residential average rate.

New Mexico average rate
14.81 ¢/kWh
Estimated 1,500 kWh cost
$222.15
U.S. average cost
$285.60

Key metrics

MetricValue
New Mexico average rate14.81 ¢/kWh
Estimated 1,500 kWh cost$222.15
U.S. average cost$285.60

Compared to U.S. average

New Mexico (1,500 kWh)
$222.15
U.S. (1,500 kWh)
$285.60
Difference
-$63.45

1,500 kWh in New Mexico is less expensive by $63.45 compared to the U.S. average.

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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.

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