Electricity in New Mexico
Electricity Rates, Plans & Statistics
Electricity Coverage & Statistics in New Mexico
- Population see rank2,117,522
- Total Production see rank35,271,295 MWh / 16.66 MWh per capita
- Total Consumption see rank26,161,490 MWh / 12.35 MWh per capita
- Total Production from Renewable see rank12,676,823 MWh / 5.99 MWh per capita
- CO2 Emissions from Consumption see rank12,815,093,713 kg / 6,051.93 kg per capita
- Total Production from Non-Renewable see rank22,594,818 MWh / 10.67 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 Electricity Rates:
Energy Profile of New Mexico
New Mexico's Electricity Prices and Usage
Citizens in New Mexico enjoy a lower residential electricity rate than many people around the country, with an average state electric rate of 13.76 cents per kilowatt hour compared to the US average rate of 13.99 cents. The state has over 30 electric providers, but citizens are usually left with only a couple supplier options due to the fact that New Mexico has a regulated electricity market. Selling 9,206,333 megawatt hours, Public Service Company of New Mexico is the largest vendor in the state. Overall, residents in the state use 26,161,490 megawatt hours for statewide electricity needs, which is the 38th highest amount for total electricity consumption by a state. New Mexico is the 27th highest ranked state in the US for electricity use per capita, with a yearly average of 12.35 megawatt hours used per person in the state. Electricity providers operating in the state increased their generation of electricity from wind by approximately 47.40%.
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||14.60||83.52||3,306,593||482,624,000||6,196,688.46|
|Southwestern Public Service Company||BUNDLED||11.24||107.61||1,134,570||127,517,648||3,252,266|
|El Paso Electric Company||BUNDLED||11.62||80.67||765,063||88,920,000||996,887.13|
|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||7,904,357||7,634,897,462.11||965.91||Yes||12/2031|
|San Juan County||Coal||4,754,266.01||5,159,919,948.54||1,085.32||Yes||6/2022|
Hobbs Generating StationLea Power Partners LLC (100.00%)
|Lea County||Natural Gas||3,374,899||1,347,681,392.82||399.32|
Sagamore WindSouthwestern Public Service Company (100.00%)
El Cabo WindAvangrid (100.00%)
Roosevelt CountyEDF Renewables (100.00%)
Grady Wind Energy Center, LLCGrady Wind Energy Center, LLC (100.00%)
|Lea County||Natural Gas||869,264||529,363,277.52||608.98||12/2040|
La Joya NMAvangrid (100.00%)
New Mexico has seen a decrease of 1.97% in coal use for the production of electricity over the last 12 months, compared to the previous 12 months before.
New Mexico continues to make strides with the reduction of non-renewable fuel usage. The state has seen a 8.97% curtailment in the burning of these fuel types for electricity generation over the course of the previous 12 months.
Wind turbines produce 5.03 megawatt hours per year per person for New Mexico residents, which is 7th highest in the nation.
New Mexico emitted 12,815,093,712.79 kilograms of CO2 emissions due to electricity production, which is the 36th worst in the country.
New Mexico has had a 0.99% rise in the state's population over the last 12 months.
New Mexico consumes around 74.17% of the electricity that is generated by their power plants.
|County||Population||Providers||Plants||Residential Rate (¢)||Residential Avg. Electric Bill|
|De Baca County||1,698||2||1||12.50||$96.71/mo|
|Doña Ana County||219,561||4||4||12.23||$82.95/mo|
|Los Alamos County||19,419||6||1||13.32||$78.13/mo|
|Rio Arriba County||40,363||5||15.44||$79.25/mo|
|San Juan County||121,661||4||3||13.82||$77.65/mo|
|San Miguel County||27,201||8||15.09||$85.57/mo|
|Santa Fe County||154,823||7||15.27||$88.80/mo|
There are 40 power producing plants in New Mexico, which is the 24th highest number of plants in a state in the country and equates to the 8th highest amount of plants per person. Over 35.54% of electricity in New Mexico comes from generation using Coal. Taken together with Wind (30.19%) and Natural Gas (28.45%), these three fuel sources account for 94.18% of the state's electricity generation. On average, New Mexico citizens emit 6,051.93 kilograms of CO2 emissions from electricity consumption, which is the 15th highest per resident emissions average for a state in the nation. At 6,051.93 kilograms per person and 2,117,522 people in the state, the state emits 12,815,093,712.79 kilograms of CO2 emissions. This is the 36th worst rank in the country for total emissions.
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
Where does New Mexico get its electricity?
New Mexico's electricity is produced using mainly Coal, which makes up 35.54% of the fuel used in the state. In addition, Wind makes up 30.19% and Natural Gas makes up 28.45%.
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||10.27||15,143|
|3||Roosevelt County Electric Cooperative||11.01||6,116|
|5||Farmers Electric Clovis, New Mexico||11.23||13,285|
|6||Southwestern Public Service Company||11.24||125,467|
|7||Duncan Valley Electric Cooperative||11.52||341|
|8||El Paso Electric Company||11.62||104,158|
|9||City of Gallup Utilities||12.24||10,592|
|10||Los Alamos Utilities||12.54||8,782|
What power companies are in New Mexico?
|State Customers Rank||Provider||State Customers|
|1||Public Service Company of New Mexico||540,841|
|2||Southwestern Public Service Company||125,467|
|3||El Paso Electric Company||104,158|
|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||15,143|
Does New Mexico have a deregulated electricity market?
No, the state has a regulated market, where citizens' electricity supplier options are often determined by their location or state legislation.
What is the average electric bill in New Mexico?
The New Mexico average electricity bill is $91 so far in 2022, and the countrywide average is $124.
Which electricity company is the largest provider in New Mexico?
By total megawatt hours sold, Public Service Company of New Mexico is the largest electricity supplier in New Mexico.
How many electric companies offer service in New Mexico?
New Mexico is home to 29 electricity companies offering service in the area.
How much does electricity cost in New Mexico?
Anything below the New Mexico average of 13.76 cents per kilowatt hour is a good electricity rate. The rates in the state range from 8.65 cents to 26.24 cents per kilowatt hour, with Lea County Electric currently having the lowest rates.
How many power plants are located in New Mexico?
There are 40 electricity plants located in New Mexico.