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. At the moment, there are 549,567 customers of the provider. About 0.03% of them are industrial accounts, 10.81% are commercial customer accounts and 89.16% are residential customers. Consumers of Public Service Company of New Mexico purchase electricity for, on average, 15.18 cents per kilowatt hour. While this is higher than the state average rate of 14.34 cents per kilowatt hour, it is below the United States average of 15.76 cents. They sold 7,413,299 megawatt hours through wholesale channels to other electricity suppliers in 2022. The electricity sourced by the company is made up of multiple electricity sources including 9,122,059 megawatt hours generated in power plants owned by the company and 9,870,024 megawatt hours acquired by way of the wholesale electricity market. In 2022, the provider made a total of $1,775,337,500 from business activities relating to the sale and transfer of electricity. They had 31.01% of their revenue come from wholesale electricity sales and 59.61% from retail sales to end users.
The New Mexico average monthly residential electric bill is $89.23, while the Public Service Company of New Mexico average is 1.44% lower at $87.28 per month. This is the 15th lowest average monthly bill amount for a supplier in the state. Consumers of the company experience 0.78 electrical outages on average each year, with outages lasting an average of 101.33 minutes. The national averages for outages and duration are 1.45 outages at 171.11 minutes each. Electricity generation from renewable fuel sources by the supplier totals 139,078.66 megawatt hours, which ranks the company 177th out of the 3526 we track in the country. Public Service Company of New Mexico is ranked as the 123rd highest total electricity generator out of 3526 companies in the nation.
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.
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 10.84% 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 1401st best out of 3526 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 September and the highest average bill is in July.
Historical Electricity Rates:
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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
Public Service Company of New Mexico Contact
- Website:www.pnm.com
- Customer Service Phone:(888) 342-5766
- Contact Page:www.pnm.com
- Social Media:
Public Service Company of New Mexico Service
- Outage Map:www.pnm.com
- Outage Phone:(888) 342-5766
- States Served:
- New Mexico
- Counties Served:
- Bernalillo County
- Santa Fe County
- Sandoval County
- Valencia County
- Otero County
- Major Cities Served:
- Albuquerque
- Rio Rancho
- Santa Fe
- South Valley CDP
- Alamogordo
- Los Lunas
- Deming
- Las Vegas
- North Valley CDP
- Silver City
Quick Facts About Public Service Company of New Mexico
Roughly 31.42% of Public Service Company of New Mexico's total electricity comes from the use of coal.
Public Service Company of New Mexico produces 98.61% of their total electricity generation from non-renewable fuel sources. The total electricity generated from non-renewable sources is 9,880,121.18 megawatt hours, which is 106th most out of 3526 providers in the country.
Public Service Company of New Mexico generates 1.39% of its total megawatt hours produced from solar fields, which is 166th in the US for percentage of total electricity generation that comes from solar power sources.
Public Service Company of New Mexico ranks 47th in the country out of 3526 companies for total megawatt hours generated from nuclear power.
Public Service Company of New Mexico generates 3,473,444.93 megawatt hours from the burning of natural gas and ranks 113th in the country out of 3526 companies for total natural gas generation.
Energy Loss
Public Service Company of New Mexico's energy loss due to business operations.
Total Energy Loss
2,059,785MWh
1401 National Rank
Grid Reliability
Length & Frequency of Public Service Company of New Mexico's Power Outages
101.33 min.
vs. national average of 171.11 min.
0.78 outages/yr
vs. national average of 1.45
Public Service Company of New Mexico Energy Makeup
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Public Service Company of New Mexico Coverage Map
Public Service Company of New Mexico State Coverage
| State | Customers | Sales ($) | State Rank Based On Revenue | % of Provider's Residential Sales in State |
|---|---|---|---|---|
| New Mexico | 549,567 | 1,125,877,000 | 1 | 100% |
Public Service Company of New Mexico County Coverage
| County | Population | Providers | Avg. County Rate (¢) | Avg. Electric Bill |
|---|---|---|---|---|
| Bernalillo County | 672,508 | 3 | 15.28 | $90.22/mo |
| Grant County | 28,178 | 3 | 15.78 | $103.08/mo |
| Hidalgo County | 4,214 | 3 | 17.08 | $124.73/mo |
| Lincoln County | 20,084 | 2 | 16.94 | $106.58/mo |
| Luna County | 25,282 | 3 | 16.45 | $117.47/mo |
| Otero County | 68,823 | 3 | 16.84 | $108.89/mo |
| Sandoval County | 153,501 | 3 | 14.08 | $82.19/mo |
| Santa Fe County | 155,664 | 4 | 15.77 | $94.84/mo |
| Valencia County | 78,080 | 4 | 15.65 | $88.41/mo |
Power Plants Owned by Public Service Company of New Mexico
| Plant | City/County | State | Primary Fuel Type | Production (MWh) | Emission (kg) | Emissions/MWh | Toxic Chemical Release | Closing Date |
|---|---|---|---|---|---|---|---|---|
| Maricopa County | AZ | Nuclear | 31,854,547 | |||||
| San Juan County | NM | Coal | 7,902,458.01 | 7,652,572,190.15 | 968.38 | |||
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 | 3,669,664 | 1,427,869,166.78 | 389.1 | ||
Afton Generating StationPublic Service Company of New Mexico (100.00%) | Doña Ana County | NM | Natural Gas | 1,160,278 | 478,808,876.84 | 412.67 | ||
| South Valley CDP | NM | Natural Gas | 552,279 | 345,219,947.73 | 625.08 | |||
| Albuquerque | NM | Natural Gas | 348,764 | 240,060,313.08 | 688.32 | |||
Lordsburg GeneratingPublic Service Company of New Mexico (100.00%) | Lordsburg | NM | Natural Gas | 113,310 | 64,145,189.08 | 566.1 | ||
La Luz Energy CenterPublic Service Company of New Mexico (100.00%) | Valencia County | NM | Natural Gas | 67,728 | 3,501.96 | 0.05 | ||
Meadow Lake Solar Energy CenterPublic Service Company of New Mexico (100.00%) | Meadow Lake CDP | NM | Solar | 24,130 | ||||
Deming Solar Energy CenterPublic Service Company of New Mexico (100.00%) | Luna County | NM | Solar | 19,390 |
Public Service Company of New Mexico Fuel Makeup
Cities Public Service Company of New Mexico Has Coverage
- Alamogordo, NM
- Albuquerque, NM
- Bayard, NM
- Belen, NM
- Bernalillo, NM
- Bosque Farms, NM
- Clayton, NM
- Corrales, NM
- Deming, NM
- Hurley, NM
- Las Vegas, NM
- Lordsburg, NM
- Los Lunas, NM
- Peralta, NM
- Rio Communities, NM
- Rio Rancho, NM
- Ruidoso, NM
- Ruidoso Downs, NM
- Santa Clara, NM
- Santa Fe, NM
- Silver City, NM
- Tularosa, NM
* 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 $87.28.
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 98.61% 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 101.33 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 15.18 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 1.39% 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.
