Rates by state / New Mexico / Southwestern Public Service Co
Investor Owned · 101,203 residential customers
Southwestern Public Service Co electricity rates
Residential customers paid an average of 12.9¢ per kWh in 2025, 16% below the New Mexico average of 15.3¢ for the latest 12 months.
Average rate
12.9¢/kWh
2025, all residential revenue ÷ kWh
Average bill
$125/mo
At 973 kWh a month
1-year change
+7.3%
5 years: +30.6%
Average rate by year
20209.8¢
202110.8¢
202212.7¢
202311.8¢
202412.0¢
202512.9¢
Southwestern Public Service Co bill at different usage levels
Estimated monthly bill at Southwestern Public Service Co's 2025 average rate of 12.9¢ per kWh. Actual bills vary with your plan, fixed charges and taxes.
| Monthly use | Southwestern Public Service Co | New Mexico average |
|---|---|---|
| 500 kWh | $64 | $77 |
| 750 kWh | $96 | $115 |
| 1,000 kWh (about average here) | $129 | $153 |
| 1,500 kWh | $193 | $230 |
| 2,000 kWh | $257 | $306 |
Other utilities in New Mexico
| Utility | Customers | Rate |
|---|---|---|
| Public Service Co of NM | 496,914 | 16.4¢ |
| El Paso Electric Co | 97,258 | 10.3¢ |
| City of Farmington - (NM) | 36,031 | 12.9¢ |
| Jemez Mountains Elec Coop, Inc | 28,185 | 15.8¢ |
| Kit Carson Electric Coop, Inc | 26,286 | 15.7¢ |
| Continental Divide El Coop Inc | 20,474 | 16.9¢ |
| Central New Mexico El Coop, Inc | 19,323 | 17.4¢ |
| Otero County Electric Coop Inc | 16,517 | 19.6¢ |
Southwestern Public Service Co: common questions
- How much does Southwestern Public Service Co charge per kWh?
- Southwestern Public Service Co residential customers paid an average of 12.9¢ per kWh in 2025, counting all charges, according to EIA Form 861 data.
- What is the average Southwestern Public Service Co electric bill?
- The average Southwestern Public Service Co household used 973 kWh a month in 2025, which works out to about $125 a month at the average rate.
- Is Southwestern Public Service Co cheaper than other utilities in New Mexico?
- Southwestern Public Service Co's average rate is 16% below the New Mexico average of 15.3¢. 3 of 20 utilities in New Mexico have a lower average rate.
- Did Southwestern Public Service Co raise rates?
- Southwestern Public Service Co's average residential rate changed +7.3% from 2024 to 2025 and +30.6% since 2020.
- Is my Southwestern Public Service Co bill too high?
- Enter the kWh and amount from your bill in the free bill check on AverageElectricBill.com. It compares your use with similar New Mexico homes and your rate with Southwestern Public Service Co's average.
Got a Southwestern Public Service Co bill?
Check my billSource: U.S. EIA Form EIA-861, 2025 final data.