Electricity Cost When Moving to New Mexico
If you are moving to New Mexico, here is what to expect for electricity costs. Average residential rates and estimated bills below are based on EIA data and assume 900 kWh monthly usage.
Electricity rate
15.29 ¢/kWh
Est. monthly (900 kWh)
$137.61
Est. annual (10,800 kWh)
$1651.32
Compared to National Average
Households moving to New Mexico pay approximately 13.0% less for electricity than the national average.
Monthly Cost Comparison
More Data & Comparisons
- Electricity cost in New Mexico — Rates, value score, affordability
- Average electricity bill in New Mexico — Monthly and annual bill estimates
- Explore electricity cost of living in New Mexico
- Full New Mexico knowledge page — Rates, value score, affordability, trends
- Electricity Cost by State
- Knowledge Hub