Socorro County, NM: Electricity Rates, Providers & More

Socorro County, New Mexico Electricity Rates & Statistics

Electricity Rates, Plans & Statistics

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Socorro County, New Mexico Electricity Overview

The largest electricity company in Socorro County by number of customers is Socorro Electric Cooperative.

Socorro County is ranked as the 2056th largest consumer of electricity out of 3230 counties in the US with 228,597.09 megawatt hours being used by consumers living there.

Residents of Socorro County are paying, on average, 1.13% more per kilowatt hour used at home than the national average rate, at 16.31 cents per kilowatt hour compared to 16.12 cents per kilowatt hour.

On average, Socorro County citizens are responsible for 4,869.26 kilograms of CO2 emissions per person per year, while the New Mexico average emissions per person is 4,869.26.

Socorro County experienced a 10.91% drop in CO2 emissions per capita during the course of the last 12 months.

No electricity production takes place in Socorro County, meaning the county must import their electricity from other counties.

ENERGY CONSUMPTION

  • Total Consumption

    228,597 MWh

  • Consumption per Capita

    13.77 MWh

EMISSIONS

  • CO2 Emissions

    80,854,039 kg

  • CO2 Emissions per Capita

    4,869.26 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 April, 2024

15.76¢ per kWh

  • 1.38% lower than last month
  • 3.63% higher than April last year
  • 10.34% higher than the New Mexico average
  • 6.79% lower than the US average
  • 365th in the state out of 512 cities
  • The state rank has dropped by 2 since last month
  • The state rank has dropped by 4 since April last year
  • 18,001st in the US out of 31,696 cities
  • The national rank has increased by 1,276 since last month
  • The national rank has dropped by 176 since April last year

12 Month Rolling Average Residential Bundled Rate

15.74¢ per kWh

  • 0.29% higher than last month
  • 0.92% higher than April last year
  • 10.06% higher than the New Mexico average
  • 2.38% lower than the US average
  • 361st in the state out of 512 cities
  • The state rank is the same since last month
  • The state rank has increased by 2 since April last year
  • 19,005th in the US out of 31,696 cities
  • The national rank has increased by 294 since last month
  • The national rank has increased by 650 since April last year

Average Residential Bundled Electricity Bill for April, 2024

$64.3 per month

  • 6.63% lower than last month
  • 1.89% higher than April last year
  • 9.39% lower than the New Mexico average
  • 42.97% lower than the US average
  • 154th in the state out of 512 cities
  • The state rank has increased by 125 since last month
  • The state rank has dropped by 2 since April last year
  • 604th in the US out of 31,696 cities
  • The national rank has increased by 318 since last month
  • The national rank has increased by 155 since April last year

12 Month Rolling Average Residential Bundled Bill

$86.19 per month

  • 0.12% higher than last month
  • 1.28% lower than April last year
  • 8.93% lower than the New Mexico average
  • 36.66% lower than the US average
  • 173rd in the state out of 512 cities
  • The state rank is the same since last month
  • The state rank has increased by 104 since April last year
  • 1,436th in the US out of 31,696 cities
  • The national rank has increased by 3 since last month
  • The national rank has dropped by 657 since April last year

Socorro, NM Electricity Overview

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On average, Socorro's residential electricity rate is 15.74 cents per kilowatt hour, which is 10.06% more than the average state price of 14.30 cents and 2.38% less than the national average of 16.12 cents. Socorro Electric Cooperative has an estimated 20 total residential customers, which is more than all other vendors in the city. The national average monthly residential electricity bill is $138.02, while the Socorro average is 37.55% below at $86.19 per month.

Electricity use in Socorro creates 41,646,768.94 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 4,869.26 kilograms of CO2 emissions per person per year. This measurement ranks Socorro as the 121st 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 117,747.12 megawatt hours the citizens consume every year.

Average Residential Electricity Bills & Rates in Socorro

Socorro residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.171/kWh$0.140/kWh$129.49/mo.$59.81/mo.
361st15.74¢Average residential price per kWh in the city of Socorro
173rd$86.19Average 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 CooperativeBUNDLED15.7886.1764,455.0610,169,953.78

Alamo CDP, NM Electricity Overview

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On average, Alamo CDP's residential electricity rate is 15.74 cents per kilowatt hour, which is 10.06% more than the average state price of 14.30 cents and 2.38% less than the national average of 16.12 cents. Alamo CDP has 912 residents, resulting in it being the 167th largest city by population in New Mexico. The nationwide average monthly residential electric bill is $138.02, while the Alamo CDP average is 37.55% below at $86.19 per month.

Electricity use in Alamo CDP creates 4,440,763.86 kilograms of CO2 emissions. This is the 165th 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 4,869.26 kilograms of CO2 emissions per person per year. This measurement ranks Alamo CDP as the 121st 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 12,555.29 megawatt hours the citizens consume every year.

Average Residential Electricity Bills & Rates in Alamo CDP

Alamo CDP residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.171/kWh$0.140/kWh$129.49/mo.$59.81/mo.
361st15.74¢Average residential price per kWh in the city of Alamo CDP
173rd$86.19Average 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 CooperativeBUNDLED15.7886.1764,455.0610,169,953.78

You’ve heard of solar, but did you know that you can power your home and business with wind?

Magdalena, NM Electricity Overview

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On average, Magdalena's residential electricity rate is 15.74 cents per kilowatt hour, which is 10.06% more than the average state price of 14.30 cents and 2.38% less than the national average of 16.12 cents. Magdalena has 815 residents, resulting in it being the 186th largest city by population in New Mexico. The nationwide average monthly residential electric bill is $138.02, while the Magdalena average is 37.55% below at $86.19 per month.

Electricity use in Magdalena creates 3,968,445.77 kilograms of CO2 emissions. This is the 184th 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 4,869.26 kilograms of CO2 emissions per person per year. This measurement ranks Magdalena as the 6th 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 11,219.91 megawatt hours the citizens consume every year.

Average Residential Electricity Bills & Rates in Magdalena

Magdalena residential electric rates are highest in September and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.171/kWh$0.140/kWh$129.49/mo.$59.81/mo.
361st15.74¢Average residential price per kWh in the city of Magdalena
173rd$86.19Average 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 CooperativeBUNDLED15.7886.1764,455.0610,169,953.78

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Socorro County, New Mexico Details

Socorro County, New Mexico Net Metering

Out of the 3 providers in Socorro County, 3 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 9.63%. The United States average is 2.87%, resulting in Socorro County having a rank of 2830th best in the country for energy loss efficiency.

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 3 electricity suppliers operating in the area.

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

County Customers RankProviderEst. County Customers
1Socorro Electric Cooperative7,251
2Central New Mexico Electric Coop876
3Sierra Electric Cooperative710

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-03-29