Socorro County, NM: Electricity Rates, Providers & More

Socorro County, New Mexico Electricity Rates & Statistics

Electricity Rates, Plans & Statistics

  • The average electricity bill in Socorro County, NM is $115.00
  • The average electricity rate in Socorro County, NM is 17.21¢

Electric Bills and Electric Rates in Socorro County, NM

The average residential electric bill in Socorro County, NM is $115.00 per month. Socorro County, NM is the 11th most expensive county in New Mexico for electricity.

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Socorro County, New Mexico Electricity Overview

The largest electricity company in Socorro County by megawatt hours sold is Socorro Electric Cooperative.

There was a 2.71% drop in CO2 emissions per capita within the preceding 12 months in Socorro County.

On average, Socorro County residents are accountable for 4,623.01 kilograms of CO2 emissions per person, while the national average emissions per capita is 4,209.53.

Socorro County has no power production sources and must import all of the electricity consumed in the county.

Socorro County is the 18th worst pollution level due to electricity consumption in the state, emitting 76,765,035.08 kilograms of CO2 gases.

While the national average residential electricity rate sits at 16.62 cents per kilowatt hour, Socorro County's average is 3.54% higher at 17.21 cents per kilowatt hour.

ENERGY CONSUMPTION

  • Total Consumption

    241,403 MWh

  • Consumption per Capita

    14.54 MWh

EMISSIONS

  • CO2 Emissions

    76,765,035 kg

  • CO2 Emissions per Capita

    4,623.01 kg

Recent Electricity Rates and Production Changes in Socorro

To see the most recent electricity rates and production changes for cities in Socorro County, select the city below. If you would like to get access to monthly historical data, please contact us directly by submitting a request.

Rates and Production Categories


Socorro Electricity Pricing Data

Average Residential Bundled Electricity Rate for November, 2024

19.7¢ per kWh

  • 5.39% higher than last month
  • 15.53% higher than November last year
  • 36.12% higher than the New Mexico average
  • 15.66% higher than the US average
  • 318th in the state out of 518 cities
  • The state rank is the same since last month
  • The state rank has dropped by 21 since November last year
  • 26,572nd in the US out of 31,800 cities
  • The national rank has dropped by 2,216 since last month
  • The national rank has dropped by 4,962 since November last year

12 Month Rolling Average Residential Bundled Rate

18.01¢ per kWh

  • 1.24% higher than last month
  • 16.25% higher than November last year
  • 24.09% higher than the New Mexico average
  • 9.2% higher than the US average
  • 318th in the state out of 518 cities
  • The state rank has dropped by 1 since last month
  • The state rank has dropped by 15 since November last year
  • 24,248th in the US out of 31,800 cities
  • The national rank has dropped by 896 since last month
  • The national rank has dropped by 6,788 since November last year

Average Residential Bundled Electricity Bill for November, 2024

$95.36 per month

  • 20% lower than last month
  • 33.83% higher than November last year
  • 15.44% higher than the New Mexico average
  • 19.35% lower than the US average
  • 287th in the state out of 518 cities
  • The state rank has increased by 1 since last month
  • The state rank has dropped by 151 since November last year
  • 6,747th in the US out of 31,800 cities
  • The national rank has increased by 9,407 since last month
  • The national rank has dropped by 5,737 since November last year

12 Month Rolling Average Residential Bundled Bill

$114.4 per month

  • 1.79% higher than last month
  • 33% higher than November last year
  • 17.41% higher than the New Mexico average
  • 19.58% lower than the US average
  • 263rd in the state out of 518 cities
  • The state rank has increased by 9 since last month
  • The state rank has dropped by 131 since November last year
  • 6,073rd in the US out of 31,800 cities
  • The national rank has dropped by 938 since last month
  • The national rank has dropped by 5,078 since November last year

Socorro, NM Electricity Overview

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On average, Socorro's residential electricity rate is 18.01 cents per kilowatt hour, which is 24.47% more than the average state price of 14.47 cents and 8.32% higher than the national average of 16.62. Selling an estimated 194.37 megawatt hours, Socorro Electric Cooperative is the largest vendor in the city.

Electricity use in Socorro creates 39,540,580.85 kilograms of CO2 emissions. This is the 27th highest amount of any city in New Mexico. A better measurement of pollution is the CO2 emissions per citizen in the city, which amounts to 4,623.01 kilograms of CO2 emissions per person per year. This measurement ranks Socorro as the 10th highest polluting city in New Mexico. The city has no power production plants within its borders, meaning the companies that service the city must import the 124,343.14 megawatt hours the citizens consume every year.

Average Residential Electricity Bills & Rates in Socorro

Socorro residential electric rates are highest in November and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.184/kWh$0.144/kWh$156.60/mo.$62.48/mo.
318th18.01¢Average residential price per kWh in the city of Socorro
263rd$114.4Average residential monthly electricity bill for Socorro Residents

Electric Companies With Service in Socorro, New Mexico

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Socorro Electric CooperativeBUNDLED17.10112.7272,776.2212,446,296.37

Alamo CDP, NM Electricity Overview

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On average, Alamo CDP's residential electricity rate is 18.01 cents per kilowatt hour, which is 24.47% more than the average state price of 14.47 cents and 8.32% higher than the national average of 16.62. Socorro Electric Cooperative has an estimated 33 total residential customers, which is more than all other vendors in the city. Alamo CDP has the 167th largest population in the state, with 912 residents calling the city home.

Electricity use in Alamo CDP creates 4,216,182.59 kilograms of CO2 emissions. This is the 162nd highest amount of any city in New Mexico. A better measurement of pollution is the CO2 emissions per citizen in the city, which amounts to 4,623.01 kilograms of CO2 emissions per person per year. This measurement ranks Alamo CDP as the 254th highest polluting city in New Mexico. The city has no power production plants within its borders, meaning the companies that service the city must import the 13,258.62 megawatt hours the citizens consume every year.

Average Residential Electricity Bills & Rates in Alamo CDP

Alamo CDP residential electric rates are highest in November and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.184/kWh$0.144/kWh$156.60/mo.$62.48/mo.
318th18.01¢Average residential price per kWh in the city of Alamo CDP
263rd$114.4Average residential monthly electricity bill for Alamo CDP Residents

Electric Companies With Service in Alamo CDP, New Mexico

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Socorro Electric CooperativeBUNDLED17.10112.7272,776.2212,446,296.37

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Magdalena, NM Electricity Overview

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On average, Magdalena's residential electricity rate is 18.01 cents per kilowatt hour, which is 24.47% more than the average state price of 14.47 cents and 8.32% higher than the national average of 16.62. Socorro Electric Cooperative has an estimated 5 total residential customers, which is more than all other vendors in the city. Magdalena has the 186th largest population in the state, with 815 residents calling the city home.

Electricity use in Magdalena creates 3,767,750.89 kilograms of CO2 emissions. This is the 179th highest amount of any city in New Mexico. A better measurement of pollution is the CO2 emissions per citizen in the city, which amounts to 4,623.01 kilograms of CO2 emissions per person per year. This measurement ranks Magdalena as the 254th highest polluting city in New Mexico. The city has no power production plants within its borders, meaning the companies that service the city must import the 11,848.43 megawatt hours the citizens consume every year.

Average Residential Electricity Bills & Rates in Magdalena

Magdalena residential electric rates are highest in November and the highest average bill is in August.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.184/kWh$0.144/kWh$156.60/mo.$62.48/mo.
318th18.01¢Average residential price per kWh in the city of Magdalena
273rd$114.4Average residential monthly electricity bill for Magdalena Residents

Electric Companies With Service in Magdalena, New Mexico

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)City Production (MWh)Residential Sales (MWh)Residential Revenues ($)
Socorro Electric CooperativeBUNDLED17.10112.7272,776.2212,446,296.37

Go Solar for less than your cell phone bill.

Socorro County, New Mexico Production Fuel Makeup

Socorro County, New Mexico Net Metering

Out of the 2 providers in Socorro County, 2 of them offer net metering to their customers. Residents of New Mexico have above average net metering laws and regulations that encourage the installation of personal solar panels.

Energy Loss

In Socorro County one company reports energy loss, Central New Mexico Electric Coop. They average an annual energy loss of 9.68%. The United States average is 2.43%, resulting in Socorro County having a rank of 2947th best in the country for energy loss efficiency.

Power Companies in Socorro County, New Mexico

FAQ

Which electricity company is the largest provider in Socorro County, New Mexico?

The largest electricity company in Socorro County, New Mexico by total customer count is Socorro Electric Cooperative.

How many electric companies offer service in Socorro County, New Mexico?

Socorro County, New Mexico has 2 electricity suppliers operating in the area.

What electricity companies offer service in Socorro County, New Mexico?

County Customers RankProviderEst. County Customers
1Socorro Electric Cooperative5,616
2Central New Mexico Electric Coop864

Alex Zdanov
Last Reviewed By: Alex Zdanov
Published: 2024-08-07