Electricity In New Mexico
- Total Consumption25,611,587 MWh / 12.21 MWh per capita
- CO2 Emissions from Consumption12,679,579,622 kg
- Total Production33,937,644 MWh / 16.19 MWh per capita
Residential Electricity Bills & Rates in New Mexico
New Mexico residential electric rates are highest in January and the highest average bill is in August.
Historical Electric Rates:
Energy Profile of New Mexico
New Mexico's Electricity Prices and Usage
Citizens of New Mexico enjoy a lower residential electricity rate than many people around the US, with an average state electric rate of 13.50 cents per kilowatt hour compared to the US average rate of 13.62 cents. New Mexico ranks as the 37th lowest priced state in the US using average electric rate. When shopping for electricity, many residents are faced with only one or two options when choosing their electricity provider due to the regulated electricity market that exists in the state. With a population of 2,096,829 citizens, the state is the 37th most populous state in the country. Electricity generation plants in the state produce 32.51% more electricity than the state uses, meaning the excess electricity can be stored for later use or exported. The state emits 6,047.03 kilograms per person of CO2 gases, which ranks it the 15th worst polluting state per capita. There has been a 7.70% increase in the amount of electricity generated from solar fields within the last year, which is an increase of 128,519.17 megawatt hours each year.
Residential Electricity Providers in New Mexico
|Provider||Service Type||Residential Rate (¢)||Residential Average Bill ($)||Residential Sales (MWh)||Residential Revenues ($)||State Production (MWh)|
|Public Service Company of New Mexico||BUNDLED||14.49||84.92||3,378,318||489,514,000||6,197,108.24|
|Southwestern Public Service Company||BUNDLED||10.52||103.89||1,164,644||122,561,014||2,895,129|
|El Paso Electric Company||BUNDLED||11.52||81.34||774,332||89,171,000||1,049,778.08|
|Jemez Mountains Electric Cooperative||BUNDLED||13.77||77.11||185,528||25,551,400|
|Continental Divide Electric Cooperative||BUNDLED||13.74||80.02||149,709||20,571,000|
|Kit Carson Electric Cooperative||BUNDLED||18.61||88.66||143,461||26,694,000|
|Central New Mexico Electric Coop||BUNDLED||17.32||106.3||120,654||20,901,000|
|Otero County Electrictric Cooperative||BUNDLED||18.99||110.04||112,867||21,436,300|
|Farmers Electric Clovis, New Mexico||BUNDLED||11.23||94.17||99,841||11,208,800|
Power Plants in New Mexico
|Plant||City/County||Primary Fuel Type||Production (MWh)||Emission (KG)||Emissions/MWh (KG/MWh)||Toxic Chemical Release||Closing Date|
|San Juan County||Coal||7,300,066.01||7,092,043,989.76||971.5||Yes||12/2031|
|San Juan County||Coal||4,641,411||5,045,287,140.26||1,087.02||Yes||6/2022|
Hobbs Generating StationLea Power Partners LLC (100.00%)
|Lea County||Natural Gas||3,334,441||1,336,760,265.26||400.89|
Sagamore WindSouthwestern Public Service Company (100.00%)
El Cabo WindAvangrid (100.00%)
Roosevelt CountyEDF Renewables (100.00%)
|Lea County||Natural Gas||919,122||559,081,387.62||608.28||12/2040|
Grady Wind Energy Center, LLCGrady Wind Energy Center, LLC (100.00%)
Rio GrandeEl Paso Electric Company (100.00%)
|Sunland Park||Natural Gas||800,295||498,053,473.54||622.34|
New Mexico citizens enjoy an average monthly residential electric bill of $90.41, which is 25.84% lower than the national average bill of $121.91.
New Mexico produces approximately 5.63 megawatt hours of electricity with natural gas per resident living in the state. This is the 13th highest amount by a state in the country.
New Mexico consumers deal with outages averaging 204.51 minutes per occurrence, with around 1.99 outages each year.
The state of New Mexico is the 27th highest generator of electricity sourced from coal power.
New Mexico has seen a decrease of 11.39% in coal use for the production of electricity during the past 12 months.
New Mexico is the 39th largest producer of electricity in the US, producing 33,937,644.41 megawatt hours.
|County||Population||Providers||Plants||Residential Rate (¢)||Residential Avg. Electric Bill|
|De Baca County||1,748||3||1||13.18||$98.85/mo|
|Doña Ana County||218,195||3||8||12.14||$83.25/mo|
|Los Alamos County||19,369||2||1||13.00||$76.61/mo|
|Rio Arriba County||38,921||4||4||15.07||$78.73/mo|
|San Juan County||123,958||3||4||13.80||$76.35/mo|
|San Miguel County||27,277||4||4||13.80||$91.25/mo|
|Santa Fe County||150,358||7||1||15.70||$89.27/mo|
The state of New Mexico’s top fuel type utilized for electricity production is Coal. They produce 34.81% of the total production in the state from this fuel. Natural Gas (30.75%) is also used in electricity production, as well as Wind (28.28%). The state emits 6,047.03 kilograms of CO2 emissions from electricity use per capita, which makes it the 15th worst polluting state in the nation. Total emissions from electricity use in the state is 12,679,579,621.92 kilograms, which is the 36th worst total amount of pollution for any state. New Mexico has 122 power plants, which is the 30th most in the country and 13th most when counting facilities per person in the state.
Learn about going solar in New Mexico, find out which system size is best for you, compare local installers and see which incentives are available in your area.
FAQ: Common Questions About Energy in New Mexico
How many electric companies offer service in New Mexico?
New Mexico is home to 30 electricity providers offering service in the area.
What electricity company is the largest provider in New Mexico?
The largest electricity provider in New Mexico by megawatt hours sold is Public Service Company of New Mexico.
Does New Mexico have a deregulated electricity market?
No, New Mexico has a regulated electricity market where consumers often have only a single provider choice for their electricity needs.
What is a good electricity rate in New Mexico?
The average electricity cost paid by customers in New Mexico in 2022 is 13.50 cents per kilowatt hour.
Where does New Mexico get its electricity?
The primary fuel types used for electricity generation in New Mexico are Coal (34.81%), Natural Gas (30.75%) and Wind (28.28%).
What is the average electric bill in New Mexico?
The average electric bill in the state of New Mexico in 2022 is $90 while the countrywide average is $122.
What power companies offer service in New Mexico?
|State Customers Rank||Provider||State Customers|
|1||Public Service Company of New Mexico||539,505|
|2||Southwestern Public Service Company||124,897|
|3||El Paso Electric Company||103,608|
|5||Jemez Mountains Electric Cooperative||31,163|
|6||Kit Carson Electric Cooperative||29,696|
|7||Continental Divide Electric Cooperative||24,559|
|8||Otero County Electrictric Cooperative||19,839|
|9||Central New Mexico Electric Coop||18,156|
|10||Central Valley Elec Coop||15,019|
How many power plants are located within New Mexico?
There are 122 power plants in New Mexico
What is the cheapest electricity company in New Mexico?
|Residential Rate Rank||Provider||Residential Rate (¢)||State Customers|
|1||Lea County Electric||8.65||11,156|
|2||Central Valley Elec Coop||9.24||15,019|
|3||Roosevelt County Electric Cooperative||9.92||6,115|
|4||Southwestern Public Service Company||10.52||124,897|
|6||Farmers Electric Clovis, New Mexico||11.23||13,285|
|7||El Paso Electric Company||11.52||103,608|
|8||Duncan Valley Electric Cooperative||11.52||341|
|9||Los Alamos Utilities||12.23||8,794|
|10||City of Gallup Utilities||12.24||10,592|