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Energy Profile

How Much Is Electricity in New Mexico?

The residential electricity rate in New Mexico is 15.08¢ per kilowatt-hour (kWh), ranking #22 cheapest among all 51 US states. The national average is 17.92¢/kWh, making New Mexico 16% below average.

15.08¢

Residential

#22

Price Rank

49.4%

Renewable

Residential Rate15.08¢/kWh
Commercial Rate11.23¢/kWh
Industrial Rate5.90¢/kWh
US Average (Residential)17.92¢/kWh
Full New Mexico Energy Profile →Estimate Your Bill

This answer pulls from the EIA Open Data API and State Electricity Profiles, the authoritative federal source for U.S. state-level electricity rates and generation mix. The headline number above is the direct answer; what follows is the additional context most readers need to use the answer for a real decision rather than just a fact lookup.

For readers turning this answer into action: cross-reference against the underlying the EIA Open Data API and State Electricity Profiles record before acting on time-sensitive decisions. The site renders the data as it was published; subsequent revisions can shift the picture, and the live federal data is always the authoritative current reference.

Source: U.S. Energy Information Administration, 2026.