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
- 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
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.