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New Mexico Electric Bill Calculator

Pick your utility, enter your kWh and get an estimated monthly bill based on average residential rates in New Mexico.

New Mexico average electricity rate

15.0¢ / kWh

UtilityAvg. residential rate1,000 kWh
EPE12.8¢$140
Xcel Energy (SPS)13.2¢$144
PNM15.6¢$168
NTUA16.4¢$176
JMEC15.4¢$166
Rio Grande Electric Co-op18.5¢$197
Navopache Electric Co-op13.7¢$149
Continental Divide El Co-op16.0¢$172
Otero County Electric Co-op17.7¢$189
Kit Carson Electric Co-op18.2¢$194
Tri-County Electric Co-op17.1¢$183
Central New Mexico El Co-op17.2¢$184
Springer Electric Co-op19.0¢$202
Farmers Electric Co-op12.9¢$141
Southwestern Electric Co-op23.4¢$246

Source: NREL / OpenEI utility rate data (2024 data). Check your utility’s current rate schedule for exact prices.

How it is calculated

Bill ≈ kWh used × your utility’s average residential rate + monthly customer charge, plus taxes and fees. Real bills can add delivery and supply lines, time-of-use pricing, tiered rates and riders.

Results are estimates for planning, not bills or professional advice. For generator hookups use a transfer switch installed by a licensed electrician.

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