BillAverage

Average electric bill in New Mexico

What a typical New Mexico household pays for electricity, how that compares with the rest of the country, and what to expect for your size of home.

Updated · EIA data

Typical household in New Mexico12 months to March 2026
Average monthly electric bill$98640 kWh a month at 15.22¢ per kWh
Lowest stateNew Mexico $98Highest stateHawaii $224
Bill vs. U.S. average
37.7% lower
Price vs. a year ago (Jan–Mar)
Up 4.2%

Source: U.S. Energy Information Administration, residential sales, revenue and customers, April 2025 to March 2026. Bill and use per home are our calculation. How we calculate this

By home size

  • Studio or 1-bedroom apartment$45/mo
  • 2-bedroom apartment$65/mo
  • 3-bedroom house$107/mo
  • Large house, 2,500+ sq ft$140/mo

BillAverage estimate based on EIA data: typical use for each home type in the West (EIA's 2020 home energy survey), scaled to New Mexico's average use and priced at 15.22¢ per kWh.

Is your bill higher than this?

New Mexico bills ran highest in July, about $141, and lowest in April, about $73. Air conditioning does most of the work in summer. If yours is well above $98 in a mild month, your rate, an older air conditioner or the size of your home are the usual reasons.

Homes here use about 640 kWh a month, 26% less than the U.S. average of 870 kWh, and pay 15.22¢ per kWh, 15% lower than the U.S. average of 18.01¢, so both the price and the amount used keep bills below the national average.

Only about 13% of homes here heat mainly with electricity; most heat with natural gas or other fuels, which keeps winter electric bills down, according to EIA's 2020 home energy survey.

New Mexico electricity price trend

New MexicoU.S. average
12¢14¢16¢18¢20¢Jul 2024Jan 2025Jul 2025Jan 2026Jul 2026

Average residential price per kWh each month. Source: U.S. Energy Information Administration.

More for New Mexico

Nearby states

Questions

What is the average electric bill in New Mexico?
$98 a month over the 12 months to March 2026. The average home used about 640 kWh a month at an average 15.22¢ per kWh. That's our calculation from U.S. Energy Information Administration (EIA) data on residential sales, revenue and customers.
How much is electricity per kWh in New Mexico?
16.09¢ per kWh for homes in July 2026, the latest month EIA has published, and 15.22¢ on average over the 12 months to March 2026. The U.S. average over the same 12 months was 18.01¢.
Are electric bills in New Mexico higher than average?
No. The typical New Mexico bill of $98 a month is below the U.S. average of $157, and ranks 51st highest of the 50 states and D.C..
What's a normal electric bill for a 1-bedroom apartment in New Mexico?
About $45 a month. That's our estimate: a studio or 1-bedroom apartment in the West uses about 46% as much electricity as the average home there (EIA's 2020 home energy survey), priced at New Mexico's average of 15.22¢ per kWh.