New Mexico residential electricity rates
16.51 USD cents per kWh
The latest covered residential electricity price for New Mexico is 16.51 USD cents per kilowatt-hour, for Aug 2026. That is 3.3% higher than the same reporting period a year earlier.
Residential revenue per kWh sold. A state or national average; individual bills and tariffs differ. EIA monthly values can be revised.
Official U.S. Energy Information Administration data ↗ · Source checked: 2026-11-08 · Cached official feed
What does electricity usage cost in New Mexico?
These examples multiply electricity usage by the published average. They are illustrations, not bill quotes; fixed charges, tariff bands and subsidies may affect actual bills.
| Monthly electricity usage | Illustrative cost in USD |
|---|---|
| 500 kWh | 82.55 USD |
| 1,000 kWh | 165.10 USD |
| 1,500 kWh | 247.65 USD |
New Mexico electricity price history
Prices remain in the source currency so exchange-rate movements do not alter this comparison.
| Observation period | USD cents per kWh | Source flag |
|---|---|---|
| Aug 2026 | 16.51 | — |
| Jul 2026 | 16.09 | — |
| Jun 2026 | 15.06 | — |
| May 2026 | 14.12 | — |
| Apr 2026 | 15.15 | — |
| Mar 2026 | 14.81 | — |
| Feb 2026 | 15.07 | — |
| Jan 2026 | 14.70 | — |
| Dec 2025 | 14.47 | — |
| Nov 2025 | 15.38 | — |
| Oct 2025 | 14.72 | — |
| Sep 2025 | 16.26 | — |
| Aug 2025 | 15.98 | — |
| Jul 2025 | 15.61 | — |
| Jun 2025 | 14.50 | — |
| May 2025 | 14.28 | — |
| Apr 2025 | 14.14 | — |
| Mar 2025 | 14.38 | — |
| Feb 2025 | 13.98 | — |
| Jan 2025 | 13.65 | — |
| Dec 2024 | 14.30 | — |
| Nov 2024 | 13.98 | — |
| Oct 2024 | 14.08 | — |
| Sep 2024 | 15.04 | — |
| Aug 2024 | 14.91 | — |
| Jul 2024 | 14.89 | — |
| Jun 2024 | 14.06 | — |
| May 2024 | 13.63 | — |
| Apr 2024 | 13.81 | — |
| Mar 2024 | 14.15 | — |
| Feb 2024 | 13.73 | — |
| Jan 2024 | 13.08 | — |
| Dec 2023 | 13.37 | — |
| Nov 2023 | 14.20 | — |
| Oct 2023 | 14.12 | — |
| Sep 2023 | 14.88 | — |
| Aug 2023 | 14.41 | — |
| Jul 2023 | 14.39 | — |
| Jun 2023 | 13.58 | — |
| May 2023 | 12.96 | — |
| Apr 2023 | 13.43 | — |
| Mar 2023 | 13.05 | — |
| Feb 2023 | 13.75 | — |
| Jan 2023 | 13.27 | — |
| Dec 2022 | 13.34 | — |
| Nov 2022 | 13.85 | — |
| Oct 2022 | 14.36 | — |
| Sep 2022 | 14.98 | — |
| Aug 2022 | 14.81 | — |
| Jul 2022 | 14.84 | — |
| Jun 2022 | 13.87 | — |
| May 2022 | 12.64 | — |
| Apr 2022 | 13.43 | — |
| Mar 2022 | 13.22 | — |
| Feb 2022 | 13.02 | — |
| Jan 2022 | 12.90 | — |
| Dec 2021 | 13.03 | — |
| Nov 2021 | 13.52 | — |
| Oct 2021 | 13.62 | — |
| Sep 2021 | 14.53 | — |
| Aug 2021 | 14.42 | — |
| Jul 2021 | 14.39 | — |
| Jun 2021 | 13.88 | — |
| May 2021 | 13.17 | — |
| Apr 2021 | 12.96 | — |
| Mar 2021 | 12.61 | — |
| Feb 2021 | 12.83 | — |
| Jan 2021 | 12.44 | — |
| Dec 2020 | 12.20 | — |
| Nov 2020 | 12.85 | — |
| Oct 2020 | 13.30 | — |
| Sep 2020 | 14.11 | — |
| Aug 2020 | 13.77 | — |
| Jul 2020 | 13.63 | — |
| Jun 2020 | 13.26 | — |
| May 2020 | 12.04 | — |
| Apr 2020 | 12.45 | — |
| Mar 2020 | 12.36 | — |
| Feb 2020 | 12.39 | — |
| Jan 2020 | 12.00 | — |
How are these residential prices measured?
EIA divides residential electricity sales revenue by electricity sold. This represents the average across households and providers in the reported area, rather than a specific utility rate plan. Monthly observations may be revised.
County, city and political district boundaries do not define utility territories. The U.S. local lookup identifies possible providers by address and ZIP; its utility prices are dated 2024 averages.