Central New Mexico Electric Coop: Rates and Coverage Area

Central New Mexico Electric Coop

Electricity Rates, Plans & Statistics

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About Central New Mexico Electric Coop

Central New Mexico Electric Coop provides electricity to 8 cities in the state including cities such as Edgewood, Meadow Lake CDP, Moriarty, Estancia, and Barton CDP. The organization is an electric cooperative. Electricity companies must regularly report the total number of customers they have to government agencies. In the most recent report the supplier reported a total of 275 industrial customers, 1,588 commercial customers and 16,895 residential customers being supplied electricity by the company. This is the entirety of their customers. Central New Mexico Electric Coop has an average residential electricity rate of 16.55 cents per kilowatt hour, which ranks the provider 29th out of 39 suppliers in New Mexico and 2591st out of 2893 in the country for average electricity price. In 2022 Central New Mexico Electric Coop had retail sales of 232,868 megawatt hours. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 257,693 megawatt hours were purchased by way of wholesale channels. Their total revenue in 2022 from electricity related activities was $37,276,300, with 97.24% coming from retail sales to end users.

The average monthly residential electric bill for a customer of Central New Mexico Electric Coop is $102.41 per month, while the US average is $132.69. Customers of the supplier are faced with 1.7 electrical outages on average each year, with outages lasting around 367 minutes on average. The national averages for outages and duration are 1.27 outages at 137.24 minutes each. Electricity generation is not handled in house at the company, as they purchase electricity at wholesale rates from other providers to then be resold to their customers.

Central New Mexico Electric Coop Net Metering

Fortunately, Central New Mexico Electric Coop offers net metering choices to customers of the company. This makes it cheaper for people who are interested to install solar and other electricity options as they have the ability to sell unused wattage back to their supplier.

Energy Loss

Suppliers regularly report energy lost through heat dissipation and other causes to government agencies who track infrastructure efficiencies. Central New Mexico Electric Coop recently reported a loss of 9.63% of the total electricity production total. This percentage of electricity lost earns them a rank of 13th best out of 29 providers who report energy loss in the state and 1391st best out of 3517 in the country.

Central New Mexico Electric Coop Rate & Electric Bills

Central New Mexico Electric Coop residential electric rates are highest in January and the highest average bill is in November.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.175/kWh$0.165/kWh$107.55/mo.$94.52/mo.
2591st16.55¢Central New Mexico Electric Coop's Average residential price per kWh
898th$102.41Average monthly electricity bill for Central New Mexico Electric Coop's residential customers

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Central New Mexico Electric Coop Overview

  • Company Type:Cooperative
  • Headquarters:810 First Street
    Moriarty, New Mexico 87035
    United States of America
  • CEO:Alena Brandenberger

Central New Mexico Electric Coop Contact

Central New Mexico Electric Coop Service

Energy provider of the year for New Mexico, Mid-Sized Provider Category
Top 3 Least Outages Per Year
New Mexico, Mid-Sized Provider Category
Claim Award
Energy provider of the year for New Mexico, Major Provider Category
Top 3 Least Outages Per Year
New Mexico, Major Provider Category
Claim Award
Energy provider of the year for New Mexico, Major Provider Category
Top 3 Shortest Average Electricity Outages
New Mexico, Major Provider Category
Claim Award

Energy Loss

Central New Mexico Electric Coop's energy loss due to business operations.

-9.63%

Total Energy Loss

24,825MWh

1391 National Rank

Grid Reliability

Length & Frequency of Central New Mexico Electric Coop's Power Outages

367 min.

vs. national average of 137.24 min.

1.7 outages/yr

vs. national average of 1.27

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Central New Mexico Electric Coop Coverage Map

Coverage Map Placeholder

Central New Mexico Electric Coop State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico18,75836,248,00017100%

Central New Mexico Electric Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bernalillo County672,508315.08$88.81/mo
Chaves County65,014612.87$114.25/mo
De Baca County1,873214.16$113.56/mo
Guadalupe County4,465315.19$107.83/mo
Lincoln County20,084417.36$104.72/mo
San Miguel County27,357415.50$94.34/mo
Santa Fe County155,664415.46$91.98/mo
Socorro County16,605315.88$86.97/mo
Torrance County15,150216.44$100.64/mo
Valencia County78,080415.33$85.62/mo

Cities Central New Mexico Electric Coop Has Coverage

* City coverage generated based on government data. Always verify you can get service from the provider.

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Central New Mexico Electric Coop FAQ:

What is the average bundled electricity rate for Central New Mexico Electric Coop customers?

Central New Mexico Electric Coop's current average bundled electricity rate is 16.55 cents per kilowatt hour (¢/kWh), compared to the average New Mexico bundled rate of 14.18 cents and the average national rate of 15.64 cents.

How many counties does Central New Mexico Electric Coop provider electricity to?

Central New Mexico Electric Coop sells electricity in 10 counties throughout the United States.

What is the average bundled bill for Central New Mexico Electric Coop customers each month?

Central New Mexico Electric Coop currently has an average monthly bundled electric bill of $102.41, compared to the New Mexico average of $88.46 and the nationwide of $88.46 for bundled service.

When will Central New Mexico Electric Coop power be restored?

Average outage times for Central New Mexico Electric Coop are roughly 367 minutes per outage.

Who is the CEO of Central New Mexico Electric Coop?

Central New Mexico Electric Coop's CEO is Alena Brandenberger.

What is the phone number for Central New Mexico Electric Coop?

You can reach Central New Mexico Electric Coop by phone via (505) 832-4483.

What cities does Central New Mexico Electric Coop provider electricity in?

Central New Mexico Electric Coop provides electricity to 8 cities throughout the US.

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