Average Electric Bill in New Mexico (2026)
The average residential electric bill in New Mexico is $92.88 per month (EIA, 2024 annual avg) — 35% below the U.S. average, #51 of 51 states. That reflects an average of 654 kWh used per month at New Mexico's rate of 14.2¢/kWh. See the breakdown by home size and estimate your own bill below.
$92.88
#51 of 51 · EIA, 2024 annual avg
654 kWh
per residential customer
14.2¢/kWh
35% below the U.S. average
Average electric bill in New Mexico by home size
Priced at New Mexico's 14.2¢/kWh rate, with each home size scaled to New Mexico's own average household use of 654 kWh a month rather than the national 863 kWh — climate and heating type move usage as much as the rate does. Still a guide: your actual kWh depends on your home and habits. National figures by home size.
| Home size | Typical monthly use | Monthly bill |
|---|---|---|
| 1-bedroom apartment | 379 kWh | $53.82 |
| 2-bedroom apartment | 568 kWh | $80.66 |
| Small house | 682 kWh | $96.84 |
| Large house | 1,061 kWh | $150.66 |
| New Mexico average | 654 kWh | $92.88 |
Estimate your New Mexico electric bill
Add up your appliances and usage for a tailored monthly estimate.
Estimated bill
$210/mo
- Total usage
- 1,200 kWh/mo
- Yearly bill
- $2,517
What drives the bill
- Heating & cooling$65.92 33%
- Water heating$41.20 21%
- EV charging$49.44 25%
- Appliances, lighting & other$41.20 21%
- Fixed charge$12.00
Estimate from your major loads. The rate and fixed charge are printed on your bill — heating/cooling and water heating usually dominate, so start there for the biggest impact.
Frequently asked questions
Average bill by utility in New Mexico
The state average blends every provider — what you pay depends on your utility.