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Electricity cost in New Mexico
Average residential electricity price in New Mexico, August 2026 · +3.3% year on year · rank #27 of 51 (cheapest = 1)
Monthly bill by usage
| Usage | New Mexico | US average |
|---|---|---|
| 300 kWh | $49.53 | $54.48 |
| 500 kWh | $82.55 | $90.80 |
| 750 kWh | $123.83 | $136.20 |
| 900 kWh | $148.59 | $163.44 |
| 1,000 kWh | $165.10 | $181.60 |
| 1,200 kWh | $198.12 | $217.92 |
| 1,500 kWh | $247.65 | $272.40 |
| 2,000 kWh | $330.20 | $363.20 |
Energy charge only, at the average all-in price per kWh; your utility's fixed monthly fee and tiered or time-of-use rates will change the total.
Cost to run appliances in New Mexico
| Appliance | Typical use | Per hour | Per month |
|---|---|---|---|
| Space Heater | 1,500 W × 6 h | $0.25 | $45.17 |
| Window Air Conditioner | 900 W × 8 h | $0.15 | $36.14 |
| Central Air Conditioner | 3,500 W × 8 h | $0.58 | $140.53 |
| Refrigerator | 150 W × 24 h | $0.02 | $18.07 |
| Chest Freezer | 80 W × 24 h | $0.01 | $9.64 |
| TV | 100 W × 5 h | $0.02 | $2.51 |
| Gaming PC | 400 W × 4 h | $0.07 | $8.03 |
| Laptop | 50 W × 8 h | $0.01 | $2.01 |
| Game Console | 180 W × 3 h | $0.03 | $2.71 |
| Clothes Dryer | 3,000 W × 1 h | $0.50 | $15.06 |
| Washing Machine | 500 W × 1 h | $0.08 | $2.51 |
| Dishwasher | 1,500 W × 1.5 h | $0.25 | $11.29 |
| Electric Oven | 2,400 W × 1 h | $0.40 | $12.05 |
| Microwave | 1,100 W × 0.3 h | $0.18 | $1.66 |
| Electric Kettle | 1,500 W × 0.25 h | $0.25 | $1.88 |
| Hair Dryer | 1,800 W × 0.25 h | $0.30 | $2.26 |
| LED Light Bulb | 9 W × 5 h | $0.00 | $0.23 |
| Ceiling Fan | 50 W × 8 h | $0.01 | $2.01 |
| Dehumidifier | 450 W × 10 h | $0.07 | $22.59 |
| Hot Tub | 1,500 W × 6 h | $0.25 | $45.17 |
| Pool Pump | 1,500 W × 8 h | $0.25 | $60.23 |
| Electric Water Heater | 4,000 W × 3 h | $0.66 | $60.23 |
| EV Charger (Level 2) | 7,200 W × 2 h | $1.19 | $72.27 |
| Wi-Fi Router | 10 W × 24 h | $0.00 | $1.20 |
| Electric Blanket | 100 W × 8 h | $0.02 | $4.02 |
Nearby in the price ranking
FAQ
How much is electricity in New Mexico?
The average residential price in New Mexico was 16.51¢ per kWh in August 2026, up 3.3% from 15.98¢ a year earlier (EIA Electric Power Monthly, Table 5.6.A (residential, August 2026 preliminary; released October 23, 2026)).
What is the average electric bill in New Mexico?
At 900 kWh a month (close to the US household average) a New Mexico bill is about $148.59 before fixed charges, versus $163.44 at the US average price.
Is electricity expensive in New Mexico?
New Mexico ranks #27 of 51 (1 = cheapest) and is 9% below the US average of 18.16¢/kWh.
Source: EIA Electric Power Monthly, Table 5.6.A (residential, August 2026 preliminary; released October 23, 2026).
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