Rates by state / New Mexico
Residential electricity · updated July 2026
Average electric bill in New Mexico
The average New Mexico home paid 15.3¢ per kWh and about $99 a month over the 12 months to July 2026, according to U.S. Energy Information Administration data. That rate is 15% below the U.S. average of 18.0¢, the 31st highest of 50 states and D.C.
Average rate
12 months to Jul 2026. Latest month 16.1¢.
Average bill
Average use × average rate
Average use
Per residential customer
1-year change
5 years: +15.5%
New Mexico electric bills by month
What the average residential customer actually paid each month: total residential revenue ÷ customers. Source: EIA.
| Month | Avg use | Avg rate | Avg bill |
|---|---|---|---|
| July 2026 | 942 kWh | 16.1¢ | $152 |
| June 2026 | 805 kWh | 15.1¢ | $121 |
| May 2026 | 583 kWh | 14.1¢ | $82 |
| April 2026 | 486 kWh | 15.2¢ | $74 |
| March 2026 | 506 kWh | 14.8¢ | $75 |
| February 2026 | 548 kWh | 15.1¢ | $83 |
| January 2026 | 673 kWh | 14.7¢ | $99 |
| December 2025 | 624 kWh | 14.7¢ | $92 |
| November 2025 | 507 kWh | 15.6¢ | $79 |
| October 2025 | 565 kWh | 14.9¢ | $85 |
| September 2025 | 673 kWh | 16.5¢ | $111 |
| August 2025 | 871 kWh | 16.2¢ | $141 |
Typical bill by home size in New Mexico
Monthly use of typical homes, all household sizes, priced at New Mexico's average rate of 15.3¢. Source: EIA RECS 2020 and EIA retail sales.
| Home size | Typical use | Most homes | Typical bill |
|---|---|---|---|
| Under 1,000 sq ft | 374 kWh | 241–590 kWh | $57 |
| 1,000–1,499 sq ft | 566 kWh | 382–830 kWh | $87 |
| 1,500–1,999 sq ft | 697 kWh | 469–999 kWh | $107 |
| 2,000–2,999 sq ft | 867 kWh | 594–1,235 kWh | $133 |
| 3,000+ sq ft | 1,116 kWh | 786–1,584 kWh | $171 |
Summer and winter months run higher than these yearly averages. Check your own bill to compare a specific month.
Apartment electric bills in New Mexico · Electric bill for one person in New Mexico
What uses the most electricity in New Mexico homes
Average yearly use by purpose for New Mexico homes, priced at 15.3¢ per kWh. Source: EIA RECS 2020 (178 surveyed homes).
- 13% of New Mexico homes heat mainly with electricity.
Monthly rate, last 5 years
Monthly prices swing with the season because fixed charges are spread over fewer or more kWh.
How much electricity New Mexico homes use
Electricity rates by utility in New Mexico
Average residential revenue per kWh in 2025, largest 20 of 20 by customers. Source: EIA-861.
New Mexico electricity: common questions
- What is the average electric bill in New Mexico?
- The average New Mexico household pays about $99 a month for electricity, based on 649 kWh of use at 15.3¢ per kWh over the 12 months to July 2026 (U.S. Energy Information Administration data).
- How much does electricity cost per kWh in New Mexico?
- Residential electricity in New Mexico averaged 15.3¢ per kWh over the 12 months to July 2026, and 16.1¢ in July 2026 alone. That is 15% below the U.S. average of 18.0¢, the 31st highest of the 50 states and D.C. These averages spread fixed service charges and surcharges over each kWh. Sales taxes added to bills may not be included.
- When are electric bills highest in New Mexico?
- In the last 12 months, the average New Mexico bill peaked in July 2026 at $152 and was lowest in April 2026 at $74.
- How much electricity does a 1,500–1,999 sq ft home use in New Mexico?
- A typical New Mexico home of 1,500–1,999 square feet uses about 697 kWh a month, and most use between 469 and 999 kWh. At the state's average rate that is roughly $107 a month. Based on EIA's Residential Energy Consumption Survey (RECS 2020).
- Are electricity rates going up in New Mexico?
- New Mexico's average residential rate changed +4.9% compared with the previous 12 months and +15.5% over five years.
- What uses the most electricity in New Mexico homes?
- In a typical New Mexico home, everything else plugged in uses the most electricity (about 1,825 kWh a year, 22% of the total), followed by air conditioning (21%) and refrigerators and freezers (12%). Source: EIA RECS 2020.
- How do I know if my New Mexico electric bill is too high?
- Compare two things: how many kWh you used against similar homes, and what you paid per kWh against the state average. The free bill check on AverageElectricBill.com does both from the numbers on your bill, adjusting for the month and your home's size.