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 280 industrial customers, 1,610 commercial customers and 15,050 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 18.59 cents per kilowatt hour, which ranks the provider 30th out of 39 suppliers in New Mexico and 2632nd out of 2885 in the country for average electricity price. In 2023 Central New Mexico Electric Coop had retail sales of 251,439 megawatt hours. Wholesale power purchases made up 100.00% of the total electricity sourced by the company and 278,401 megawatt hours were purchased by way of wholesale channels. Their total revenue in 2023 from electricity related activities was $38,924,400, with 98.17% coming from retail sales to end users.

The average monthly residential electric bill for a customer of Central New Mexico Electric Coop is $146.58 per month, while the US average is $143.38. The company currently does not produce any of the electricity that they sell. Instead, they must purchase that electricity at wholesale prices from other providers and then resell it to end consumers.

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 9.68% of the total electricity production total. This percentage of electricity lost earns them a rank of 13th best out of 30 providers who report energy loss in the state and 1401st best out of 3530 in the country.

Central New Mexico Electric Coop Rate & Electric Bills

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.196/kWh$0.156/kWh$196.03/mo.$75.15/mo.
2632nd18.59¢Central New Mexico Electric Coop's Average residential price per kWh
1787th$146.58Average 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
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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
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Energy Loss

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

-9.68%

Total Energy Loss

26,962MWh

1401 National Rank

Power Outages

Currently, 0 customers are being tracked in Central New Mexico Electric Coop.

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Customers Out:

0

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Central New Mexico Electric Coop Coverage Map

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Central New Mexico Electric Coop State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico16,95644,383,554.1117100%

Central New Mexico Electric Coop County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bernalillo County672,508316.46$106.72/mo
Chaves County65,014612.30$122.24/mo
De Baca County1,873214.77$139.57/mo
Guadalupe County4,465416.26$139.22/mo
Lincoln County20,084319.64$144.09/mo
San Miguel County27,357416.44$121.76/mo
Santa Fe County155,664417.17$119.96/mo
Socorro County16,605217.27$115.46/mo
Torrance County15,150118.35$142.15/mo
Valencia County78,080417.03$112.16/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.

Central New Mexico Electric Coop Reviews

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Central New Mexico Electric Coop FAQ:

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

Consumers of Central New Mexico Electric Coop pay, on average, a monthly bundled bill of $146.58.

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

Central New Mexico Electric Coop provides electricity in 8 cities throughout the United States.

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 18.59 cents per kilowatt hour (¢/kWh), compared to the average state bundled rate of 14.78 cents and the average nationwide rate of 16.22 cents.

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

Central New Mexico Electric Coop's customer service phone number is (505) 832-4483

Who is the CEO of Central New Mexico Electric Coop?

The current CEO of Central New Mexico Electric Coop is Alena Brandenberger.

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

Central New Mexico Electric Coop sells electricity to customers in 10 counties.

King Manalo
Last Reviewed By: King Manalo
Published: 2024-08-07