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Electricity In New Mexico

  • Population2,096,829
  • Total Consumption25,209,299 MWh / 12.02 MWh per capita
  • CO2 Equivalent Emissions13,598,443,408 kg
  • Total Production33,928,989 MWh / 16.18 MWh per capita
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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:

Price Per kWHAverage Bill$0.143/kWh$0.119/kWh$128.47/mo.$57.55/mo.
36th13.29¢Average residential price per kWh in the state of New Mexico
3rd$90.36Average residential monthly electricity bill for New Mexico Residents

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 13.29 cents per kilowatt hour compared to the US average rate of 13.33 cents. New Mexico ranks as the 36th 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. The state has the 37th highest population in the United States, with 2,096,829 citizens . The state is the 17th largest producer of electricity per capita, with an average of 16.18 megawatt hours generated per person a year. The state uses over 25,200,000 megawatt hours for their electricity needs, making the state the 38th ranked state for total electricity consumption. The state is ranked 17th in the United States for percentage of electricity produced from renewable fuels, creating 30.35% of their electricity from these renewable sources.

Residential Electricity Providers in New Mexico

ProviderArrow UpArrow pointing upwards.Residential Rate (¢)Arrow UpArrow pointing upwards.Residential Average Bill ($)Arrow UpArrow pointing upwards.Residential Sales (MWh)Arrow DownBlue arrow pointing down.Residential Revenues ($)Arrow UpArrow pointing upwards.State Production (MWh)Arrow UpArrow pointing upwards.State Emissions (KG)Arrow UpArrow pointing upwards.
Public Service Company of New Mexico14.3185.53,431,922491,117,0006,411,181.1311,559,038,032.97
Southwestern Public Service Company10.06105.971,237,795124,574,9252,695,1907,628,100,825.91
El Paso Electric Company11.1981.93797,05689,182,0001,046,379.392,007,941,488.61
Farmington Electric11.0672.5280,11030,977,441700,039.321,053,023,924.33
Jemez Mountains Electric Cooperative13.7480.45179,26824,627,000No DataIcon representing missing value.213,269,007.46
Continental Divide Electric Cooperative14.3381.94144,45720,705,000No DataIcon representing missing value.357,404,648.54
Kit Carson Electric Cooperative18.5587.22139,08825,802,400No DataIcon representing missing value.146,133,119.7
Central New Mexico Electric Coop17.43103.87115,78420,185,000No DataIcon representing missing value.119,103,776.19
Otero County Electrictric Cooperative18.4498.9102,65618,924,900No DataIcon representing missing value.99,242,807.91
Farmers Electric Clovis, New Mexico11.2089.6195,40910,682,000No DataIcon representing missing value.202,185,509.4

Power Plants in New Mexico

PlantArrow UpArrow pointing upwards.City/CountyArrow UpArrow pointing upwards.Primary Fuel TypeArrow UpArrow pointing upwards.Production (MWh)Arrow DownBlue arrow pointing down.Emission (KG)Arrow UpArrow pointing upwards.Emissions/MWh (KG/MWh)Arrow UpArrow pointing upwards.Toxic Chemical ReleaseArrow UpArrow pointing upwards.Closing DateArrow UpArrow pointing upwards.
San Juan County Coal 7,131,624.046,971,996,850.1977.62Yes12/2031
San Juan County Coal 4,944,3405,319,982,675.271,075.97Yes6/2022
Hobbs Generating StationLea Power Partners LLC (100.00%)
Lea County Natural Gas 3,579,0981,427,444,952.08398.83No DataIcon representing missing value.No DataIcon representing missing value.
Luna Energy FacilityTucson Electric Power (33.30%)Public Service Company of New Mexico (33.30%)Samchully Power & Utilities 1 LLC (33.40%)
Deming Natural Gas 3,106,8991,183,103,227.6380.8No DataIcon representing missing value.No DataIcon representing missing value.
Lea County Natural Gas 1,333,516815,529,865.36611.56No DataIcon representing missing value.12/2040
El Cabo WindAvangrid (100.00%)
Encino Wind 1,105,19031,511,889.8828.51No DataIcon representing missing value.No DataIcon representing missing value.
Roosevelt CountyEDF Renewables (100.00%)
Roosevelt County Wind 1,099,82031,312,290.2728.47No DataIcon representing missing value.No DataIcon representing missing value.
Dora Wind 878,64125,243,293.5328.73No DataIcon representing missing value.No DataIcon representing missing value.
Grady Wind Energy Center, LLCGrady Wind Energy Center, LLC (100.00%)
Curry County Wind 837,51223,854,100.6228.48No DataIcon representing missing value.No DataIcon representing missing value.
Sunland Park Natural Gas 802,450494,226,574.1615.9No DataIcon representing missing value.No DataIcon representing missing value.

Quick Facts

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Within the previous year, New Mexico has seen a 0.07% increase in population.

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New Mexico ranks 4th in the country for solar electricity production per capita, averaging 0.85 megawatt hours produced per person per year.

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New Mexico continues to improve with the reduction of non-renewable fuel use. The state has seen a 10.01% curtailment in the consumption of these fuel types for electricity production over the course of the previous 12 months.

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New Mexico has seen a rise in electricity production from solar energy of 16.89% year over year.

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New Mexico averages 3.94 megawatt hours produced from wind per person, which is 8th highest in the country.

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New Mexico produces 11.27 megawatt hours of electricity per person in the state from non-renewable electricity sources. They are the 18th highest state in the United States for non-renewable production per capita.

CountyArrow UpArrow pointing upwards.PopulationArrow UpArrow pointing upwards.ProvidersArrow UpArrow pointing upwards.PlantsArrow UpArrow pointing upwards.Residential Rate (¢)Arrow UpArrow pointing upwards.Residential Avg. Electric BillArrow UpArrow pointing upwards.
Bernalillo County679,12161315.14$88.85/mo
Catron County3,5277No DataIcon representing missing value.14.77$74.16/mo
Chaves County64,6157510.97$100.52/mo
Cibola County26,6752414.40$82.19/mo
Colfax County11,9415319.44$97.00/mo
Curry County48,9544610.61$98.01/mo
De Baca County1,7483113.17$95.22/mo
Doña Ana County218,1953811.98$83.67/mo
Eddy County58,4606111.41$98.35/mo
Grant County26,9987315.14$90.07/mo
Guadalupe County4,3003113.69$94.87/mo
Harding County6254No DataIcon representing missing value.17.88$105.60/mo
Hidalgo County4,1986316.06$91.10/mo
Lea County71,0704129.41$100.25/mo
Lincoln County19,5727118.07$99.85/mo
Los Alamos County19,3692113.05$79.25/mo
Luna County23,7098616.22$90.87/mo
McKinley County71,3672113.71$77.06/mo
Mora County4,5213No DataIcon representing missing value.17.02$79.90/mo
Otero County67,4908416.30$94.43/mo
Quay County8,2534515.34$109.15/mo
Rio Arriba County38,9214314.95$81.54/mo
Roosevelt County18,5004310.29$100.92/mo
San Juan County123,9583413.40$75.24/mo
San Miguel County27,2774413.86$88.74/mo
Sandoval County146,7488213.99$80.54/mo
Santa Fe County150,3587115.75$89.71/mo
Sierra County10,7911319.30$99.74/mo
Socorro County16,6374No DataIcon representing missing value.16.35$89.53/mo
Taos County32,7232218.36$86.94/mo
Torrance County15,4612517.26$102.22/mo
Union County4,0593No DataIcon representing missing value.20.58$93.47/mo
Valencia County76,6887914.91$84.98/mo

Power Plant Fuel Types, Emissions & Pollution Factors

The state of New Mexico’s top fuel type utilized for electricity production is Coal. They produce 36.15% of the total production in the state from this fuel. Natural Gas (33.25%) is also used in electricity production, as well as Wind (24.38%). The state emits 6,485.24 kilograms of CO2 emissions from electricity use per capita, which makes it the 13th worst polluting state in the nation. Total emissions from electricity use in the state is 13,598,443,408.27 kilograms, which is the 35th worst total amount of pollution for any state. New Mexico has 113 power plants, which is the 29th most in the country and 13th most when counting facilities per person in the state.

COAL
Coal
Coal
Coal
Coal
36.15%
NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
33.25%
WIND Renewable, RefreshableIcon representing renewability.
Wind
Wind
Wind
24.38%
SOLAR Renewable, RefreshableIcon representing renewability.
Solar
5.24%
CONVENTIONAL HYDROELECTRIC Renewable, RefreshableIcon representing renewability.
Conventional Hydroelectric
0.50%
OTHER
Other
0.48%

New Mexico Net Metering

About 70.00% of the electricity suppliers in New Mexico offer net metering to their customers. New Mexico has pretty good regulations in place for consumers who are interested in taking advantage of net metering with solar installations.

Energy Loss

The state has 21 electricity companies who are reporting energy loss during transmission activities. The average energy loss for these 21 providers is 5.88%. For comparison, the nationwide average electricity loss is 2.72%. New Mexico has a rank of 8th worst in the country for grid efficiency based on energy loss.

Solar Taxes And Rebates

State governments can encourage private residents to install private solar panels by giving rebates and tax breaks to people who choose to make those installs. New Mexico currently does not offer a state tax credit for solar panel installation at a private residence. There are currently no state sponsored rebates available to residents who are considering installing solar. New Mexico citizens have the ability to apply a 100% property tax exemption for the installation of private solar panels, which is better than almost all other states. There is currently a 100% sales tax exemption in place for the install of solar panels at a place of residence.

State Level Initiatives

Policies drawn up at the state level affect whether customers in a state can afford to install personal solar systems or find electricity plans that are based on renewable fuel types. Renewable Portfolio Standards (RPS) encourage or require electricity companies to produce a percentage of their electricity using green energy. The state of New Mexico makes it necessary for electricity suppliers to produce at least 25% of their electricity output from renewable fuel types. Also, the state does not have any sort of low income solar programs that assist with the installation of solar panels at low income households.

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 2021 is 13.29 cents per kilowatt hour.

Where does New Mexico get its electricity?

The primary fuel types used for electricity generation in New Mexico are Coal (36.15%), Natural Gas (33.25%) and Wind (24.38%).

What is the average electric bill in New Mexico?

The average electric bill in the state of New Mexico in 2021 is $90 while the countrywide average is $120.

What power companies offer service in New Mexico?

State Customers RankArrow UpArrow pointing upwards.ProviderArrow UpArrow pointing upwards.State CustomersArrow DownBlue arrow pointing down.
1Public Service Company of New Mexico537,577
2Southwestern Public Service Company124,421
3El Paso Electric Company102,958
4Farmington Electric44,800
5Jemez Mountains Electric Cooperative29,208
6Kit Carson Electric Cooperative28,897
7Continental Divide Electric Cooperative24,202
8Otero County Electrictric Cooperative19,606
9Central New Mexico Electric Coop17,986
10Central Valley Elec Coop14,905

How many power plants are located within New Mexico?

There are 113 power plants in New Mexico

What is the cheapest electricity company in New Mexico?

Residential Rate RankArrow UpArrow pointing upwards.ProviderArrow UpArrow pointing upwards.Residential Rate (¢)Arrow UpArrow pointing upwards.State CustomersArrow UpArrow pointing upwards.
1Central Valley Elec Coop8.4014,905
2Lea County Electric8.8111,157
3Roosevelt County Electric Cooperative9.546,088
4Southwestern Public Service Company10.06124,421
5Farmington Electric11.0644,800
6El Paso Electric Company11.19102,958
7Farmers Electric Clovis, New Mexico11.2013,348
8City of Gallup Utilities12.2610,488
9Los Alamos Utilities12.358,724
10Navopache Electric Cooperative13.161,569

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2021-10-14