New Mexico Electricity Price History
Updated monthly • Last reviewed January 15, 2026 • Methodology
This monthly series shows the state-level average residential electricity price in cents per kWh and is intended for trend context.
Trend: Up from 2024-02 (13.73¢/kWh) to 2026-01 (14.70¢/kWh)
Source: U.S. Energy Information Administration (EIA) (updated January 2026)
Showing 24 of 301 months. All history
| Month | Avg rate (¢/kWh) |
|---|---|
| 2024-02 | 13.73 |
| 2024-03 | 14.15 |
| 2024-04 | 13.81 |
| 2024-05 | 13.63 |
| 2024-06 | 14.06 |
| 2024-07 | 14.89 |
| 2024-08 | 14.91 |
| 2024-09 | 15.04 |
| 2024-10 | 14.08 |
| 2024-11 | 13.98 |
| 2024-12 | 14.30 |
| 2025-01 | 13.66 |
| 2025-02 | 14.53 |
| 2025-03 | 14.78 |
| 2025-04 | 14.35 |
| 2025-05 | 14.50 |
| 2025-06 | 14.68 |
| 2025-07 | 15.80 |
| 2025-08 | 16.19 |
| 2025-09 | 16.52 |
| 2025-10 | 14.95 |
| 2025-11 | 15.61 |
| 2025-12 | 14.66 |
| 2026-01 | 14.70 |