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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
state-map

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 Pricing:
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 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.

Electricity Providers in New Mexico

ProviderArrow UpArrow pointing upwards.Rate (¢)Arrow UpArrow pointing upwards.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 Mexico14.3185.53,431,922491,117,0006,411,181.1411,559,038,036.45
Southwestern Public Service Company10.06105.971,237,795124,574,9252,695,1907,628,100,825.91
El Paso Electric Company11.1981.93797,05689,182,0001,046,379.392,007,941,488.84
Farmington Electric11.0672.5280,11030,977,441700,039.321,053,023,924.53
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 Cooperative 18.4498.9102,65618,924,900No 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.Primary Fuel TypeArrow UpArrow pointing upwards.Production (MWh)Arrow DownBlue arrow pointing down.Emission (KG)Arrow UpArrow pointing upwards.Emissions per MWh (KG/MWh)Arrow UpArrow pointing upwards.Toxic Chemical ReleaseArrow UpArrow pointing upwards.Closing DateArrow UpArrow pointing upwards.
Four CornersEl Paso Electric Company (3.30%)Tucson Electric Power (7.00%)Arizona Public Service (63.00%)Public Service Company of New Mexico (13.00%)Salt River Project (10.00%)
Coal 7,131,624.046,971,996,850.1977.62Yes12/2031
San JuanTucson Electric Power (21.11%)Los Alamos Utilities (4.16%)Farmington Electric (4.90%)Utah Associated Municipal Power Systems (4.06%)Public Service Company of New Mexico (65.77%)
Coal 4,944,3405,319,982,675.271,075.97Yes6/2022
Hobbs Generating StationLea Power Partners LLC (100.00%)
Natural Gas 3,579,0981,427,444,952.08398.83No DataIcon representing missing value.No DataIcon representing missing value.
Luna Energy FacilityPublic Service Company of New Mexico (33.30%)Tucson Electric Power (33.30%)
Natural Gas 3,106,8991,183,103,227.6380.8No DataIcon representing missing value.No DataIcon representing missing value.
CunninghamSouthwestern Public Service Company (100.00%)
Natural Gas 1,333,516815,529,865.36611.56No DataIcon representing missing value.12/2040
El Cabo WindAvangrid (100.00%)
Wind 1,105,19031,511,889.8828.51No DataIcon representing missing value.No DataIcon representing missing value.
Roosevelt CountyEDF Energy Services (100.00%)
Wind 1,099,82031,312,290.2728.47No DataIcon representing missing value.No DataIcon representing missing value.
Sagamore WindSouthwestern Public Service Company (100.00%)
Wind 878,64125,243,293.5328.73No DataIcon representing missing value.No DataIcon representing missing value.
Grady Wind Energy Center, LLC
Wind 837,51223,854,100.6228.48No DataIcon representing missing value.No DataIcon representing missing value.
Rio GrandeEl Paso Electric Company (100.00%)
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.Rate (¢)Arrow UpArrow pointing upwards.Avg. Electric BillArrow UpArrow pointing upwards.
Bernalillo County679,1218 providers1014.96$87.45/mo
Catron County3,52710 providersNo DataIcon representing missing value.15.13$80.83/mo
Chaves County64,6159 providers612.08$99.74/mo
Cibola County26,6755 providers314.36$79.30/mo
Colfax County11,94110 providers318.53$85.01/mo
Curry County48,9548 providers613.82$108.65/mo
De Baca County1,7488 providersNo DataIcon representing missing value.14.12$101.94/mo
Doña Ana County218,1956 providersNo DataIcon representing missing value.13.98$88.16/mo
Eddy County58,46014 providers112.16$96.99/mo
Grant County26,99813 providers215.60$92.77/mo
Guadalupe County4,3006 providers115.99$100.81/mo
Harding County62513 providersNo DataIcon representing missing value.15.95$93.70/mo
Hidalgo County4,1988 providers314.79$92.93/mo
Lea County71,07013 providers1210.33$99.40/mo
Lincoln County19,57212 providers116.17$93.94/mo
Los Alamos County19,3692 providers113.04$79.25/mo
Luna County23,7097 providers615.31$89.61/mo
McKinley County71,3677 providers213.59$74.31/mo
Mora County4,5218 providersNo DataIcon representing missing value.16.44$85.02/mo
Otero County67,49011 providers315.18$91.01/mo
Quay County8,2539 providers615.60$104.46/mo
Rio Arriba County38,92113 providers414.35$81.15/mo
Roosevelt County18,50012 providers410.60$101.64/mo
San Juan County123,9588 providers513.05$74.76/mo
San Miguel County27,27711 providers415.22$92.32/mo
Sandoval County146,74811 providers614.37$82.82/mo
Santa Fe County150,3588 providers115.08$85.24/mo
Sierra County10,79110 providers216.09$94.13/mo
Socorro County16,6379 providersNo DataIcon representing missing value.15.59$86.91/mo
Taos County32,72311 providers318.13$86.06/mo
Torrance County15,46112 providers216.07$92.03/mo
Union County4,05915 providersNo DataIcon representing missing value.16.08$91.62/mo
Valencia County76,6886 providers815.44$89.56/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%). On average, the state residents emit 6,485.24 kilograms of CO2 equivalent gases from electricity consumption, which is 13th worst per capita emissions rate for a state in the US. While not as telling of a statistic (more people almost always equals more pollution), the total pollution of the state from electricity production is 13,598,443,408.27 kilograms of CO2 equivalent gases, which ranks as the 35th most in the United States. New Mexico is home to 122 power plants, which is 29th most in the country and 14th highest when counting plants per capita.

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%

Net Metering

About 71.43% 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

What is a good electricity rate in New Mexico?

Anything below the New Mexico average of 13.29 cents per kilowatt hour is a good rate. The rates in the state range from 8.40 cents to 24.77 cents per kilowatt hour, with Central Valley Elec Coop currently having the lowest rates.

Where does New Mexico get its electricity?

Fuel types used for electricity generation in New Mexico include Coal (36.15%), Natural Gas (33.25%) and solar (24.38%).

How much does electricity cost in New Mexico?

The average price of electricity in New Mexico in 2021 is 13.29 cents per kilowatt hour (¢/kWh).