Public Service Company of New Mexico: Rates, Coverage Area, Emissions

Public Service Company of New Mexico

Electricity Rates, Plans & Statistics

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About Public Service Company of New Mexico

Public Service Company of New Mexico is an investor owned entity serving the state of New Mexico, including cities like Albuquerque, Rio Rancho, Santa Fe, South Valley CDP, and Alamogordo. The average residential electricity rate for customers of Public Service Company of New Mexico is approximately 15.60 cents per kilowatt hour, which ranks the supplier 15th out of 39 suppliers in New Mexico and 2070th out of 2885 in the nation. Of the 16,313,594 megawatt hours Public Service Company of New Mexico sold and dispossessed, 59.26% were via sales to end users and 28.12% were through wholesale channels. The electricity sourced by the company is made up of multiple sources of megawatt hours including 7,350,638 megawatt hours generated at power facilities owned by the company and 8,985,062 purchased on the wholesale electricity market. In 2023, the supplier had revenue of $1,127,015,000 from retail electricity sales to end users and $263,639,200 via sales via wholesale channels.

The New Mexico average monthly residential electric bill is $92.93, while the Public Service Company of New Mexico average is 0.13% more at $93.12 per month. Public Service Company of New Mexico is the 8th ranked company in the state for average monthly bill amount. Consumers of the company experience 0.72 electrical outages on average each year, with outages lasting an average of 92.17 minutes. The national averages for outages and duration are 1.44 outages at 123.49 minutes each. Electricity generation from renewable fuel sources by the supplier totals 139,081 megawatt hours, which ranks the company 177th out of the 3530 we track in the country. Public Service Company of New Mexico is ranked as the 158th highest total electricity generator out of 3530 companies in the nation.

Public Service Company of New Mexico Net Metering

Offering net metering to consumers is a win-win situation for Public Service Company of New Mexico and any residents who receive their electricity from the company. Without net metering, solar panel installation is significantly less economically realistic, as citizens have no way to sell excess electricity back into the infrastructure system.

Energy Loss

Suppliers routinely submit data for energy lost through electricity transmission to government agencies who track electricity grid efficiencies. Public Service Company of New Mexico recently reported a loss of 12.51% of the electricity generation. These averages allow us to compare and contrast the grid efficiencies of the numerous providers who operate around the nation. Public Service Company of New Mexico has earned a rank of 1428th best out of 3530 providers who report energy loss in the United States and 14th best out of 30 in the state.

Public Service Company of New Mexico Rate & Electric Bills

Public Service Company of New Mexico residential electric rates are highest in July and the highest average bill is in July.

Historical Electricity Rates:

Price Per kWhAverage Bill$0.169/kWh$0.125/kWh$141.21/mo.$52.52/mo.
2070th15.60¢Public Service Company of New Mexico's Average residential price per kWh
454th$93.12Average monthly electricity bill for Public Service Company of New Mexico's residential customers

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Public Service Company of New Mexico Overview

  • Company Type:Investor Owned
  • Parent Company:PNM Resources
  • Headquarters:414 Silver Avenue Southwest
    Albuquerque, New Mexico 87102
    United States of America
  • CEO:Patricia Collawn

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Quick Facts About Public Service Company of New Mexico

Roughly 13.95% of Public Service Company of New Mexico's total electricity comes from the use of coal.

Public Service Company of New Mexico produces 97.94% of their total electricity generation from non-renewable fuel sources. The total electricity generated from non-renewable sources is 6,609,580.23 megawatt hours, which is 145th most out of 3530 providers in the country.

Public Service Company of New Mexico generates 2.06% of its total megawatt hours produced from solar fields, which is 159th in the US for percentage of total electricity generation that comes from solar power sources.

Public Service Company of New Mexico ranks 45th in the country out of 3530 companies for total megawatt hours generated from nuclear power.

Public Service Company of New Mexico generates 2,369,472.76 megawatt hours from the burning of natural gas and ranks 128th in the country out of 3530 companies for total natural gas generation.

Energy Loss

Public Service Company of New Mexico's energy loss due to business operations.

-12.51%

Total Energy Loss

2,041,065MWh

1428 National Rank

Grid Reliability

Length & Frequency of Public Service Company of New Mexico's Power Outages

92.17 min.

vs. national average of 123.49 min.

0.72 outages/yr

vs. national average of 1.44

Power Outages

Currently, 0 customers are being tracked in Public Service Company of New Mexico.

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Customers Out:

0

Public Service Company of New Mexico Production, Sales, and Emissions by Fuel Types

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Public Service Company of New Mexico Coverage Map

Coverage Map Placeholder

Public Service Company of New Mexico State Coverage

StateCustomersSales ($)State Rank Based On Revenue% of Provider's Residential Sales in State
New Mexico553,7121,168,789,0001100%

Public Service Company of New Mexico County Coverage

CountyPopulationProvidersAvg. County Rate (¢)Avg. Electric Bill
Bernalillo County672,508316.42$106.22/mo
Grant County28,178316.18$110.08/mo
Hidalgo County4,214316.98$122.96/mo
Lincoln County20,084319.54$143.04/mo
Luna County25,282316.32$114.35/mo
Otero County68,823420.09$150.86/mo
Sandoval County153,501316.57$114.41/mo
Santa Fe County155,664417.10$119.23/mo
Valencia County78,080416.95$111.41/mo

Power Plants Owned by Public Service Company of New Mexico

PlantCity/CountyStatePrimary Fuel TypeProduction (MWh)Emission (kg)Emissions/MWhToxic Chemical ReleaseClosing Date
Maricopa County AZ Nuclear 32,338,745
San Juan County NM Coal 7,283,711.016,814,661,904.52935.6
Luna Energy FacilityPublic Service Company of New Mexico (33.30%)Tucson Electric Power (33.30%)Samchully Power & Utilities 1 LLC (33.40%)
Deming NM Natural Gas 2,974,5911,196,382,500.74402.2
South Valley CDP NM Natural Gas 552,279345,219,947.74625.08
Doña Ana County NM Natural Gas 448,062202,869,497.88452.77
Albuquerque NM Natural Gas 192,228137,223,453.64713.86
Lordsburg NM Natural Gas 113,31064,145,189.08566.1
Valencia County NM Natural Gas 67,7283,501.960.05
Meadow Lake Solar Energy CenterPublic Service Company of New Mexico (100.00%)
Meadow Lake CDP NM Solar 24,130
Luna County NM Solar 19,390

Public Service Company of New Mexico Production Fuel Makeup

NUCLEAR
Nuclear
Nuclear
Nuclear
Nuclear
Nuclear
48.88%
NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
35.11%
COAL
Coal
Coal
13.95%
SOLAR
Solar
2.06%
DISTILLATE FUEL OIL
Distillate Fuel Oil
0.00%

Cities Public Service Company of New Mexico Has Coverage

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

Public Service Company of New Mexico Reviews

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Public Service Company of New Mexico FAQ:

What company is Public Service Company of New Mexico owned by?

PNM Resources is the owner of Public Service Company of New Mexico.

Who is the CEO of Public Service Company of New Mexico?

The CEO of Public Service Company of New Mexico is Patricia Collawn.

What is the average bundled bill for Public Service Company of New Mexico customers each month?

Customers of Public Service Company of New Mexico pay, on average, a monthly bundled bill of $93.12.

What percentage of Public Service Company of New Mexico's electricity is produced using nonrenewable fuel sources?

Power production facilities owned by or associated with Public Service Company of New Mexico generate 97.94% of their electricity from nonrenewable fuel types.

What cities does Public Service Company of New Mexico supply electricity in?

Public Service Company of New Mexico provides electricity to 22 cities.

What is the phone number for Public Service Company of New Mexico?

The Public Service Company of New Mexico phone number is (888) 342-5766.

When will Public Service Company of New Mexico power be restored?

Public Service Company of New Mexico's outages last, on average, about 92.17 minutes per outage.

What is the average bundled electricity rate for Public Service Company of New Mexico customers?

The average bundled price of electricity for customers of Public Service Company of New Mexico is 15.60 cents per kilowatt hour (¢/kWh).

What percentage of Public Service Company of New Mexico's electricity is generated using renewable fuel sources?

Public Service Company of New Mexico produces 2.06% of their electricity using renewable fuels.

How many power plants are owned by or associated with Public Service Company of New Mexico?

Public Service Company of New Mexico owns or is associated with 18 power plants.

How many counties does Public Service Company of New Mexico sell electricity in?

Public Service Company of New Mexico provides electricity in 9 counties.

Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-08-12