New Mexico Electricity: Generation Mix and Retail Prices
New Mexico generated 39.2 TWh of electricity in 2025, 36% of it from wind. The average retail price was 9.56 US cents/kWh in 2025. These are EIA statistics for 2025, with monthly figures through June 2026; they are not real time.
Key Facts
- New Mexico generated 39.2 TWh of electricity in 2025, the 37th most of the 51 states and DC.
- Wind was the largest source of New Mexico's electricity in 2025, at 36.3% of generation.
- Gas was the second largest source of New Mexico's electricity in 2025, at 26.8% of generation.
- New Mexico's electricity generation rose from 33.6 TWh in 2001 to 39.2 TWh in 2025.
- The average retail price of electricity in New Mexico was 9.56 US cents/kWh in 2025, the 47th highest of the 51 states and DC.
- Residential customers in New Mexico paid an average of 15.08 US cents/kWh in 2025.
- New Mexico generated 4.41 TWh of electricity in June 2026.
Key Figures
| Measure | Value | As of / source |
|---|---|---|
| Total generation | 39.2 TWh | 2025 · EIA |
| Generation rank | 37 of 51 | 2025 · EIA |
| Average retail price, all sectors | 9.56 US cents/kWh | 2025 · EIA |
| Price rank, highest first | 47 of 51 | 2025 · EIA |
| Retail sales | 31.6 TWh | 2025 · EIA |
| Retail customers | 1,082,284 | 2025 · EIA |
| Retail revenue | USD 3,020 million | 2025 · EIA |
Generation Mix, 2025
| Source | Generation | Share |
|---|---|---|
| Wind | 14.2 TWh | 36.3% |
| Gas | 10.5 TWh | 26.8% |
| Coal | 8.18 TWh | 20.9% |
| Solar | 6.10 TWh | 15.6% |
| Hydro | 185 GWh | 0.5% |
| Geothermal | 58.1 GWh | 0.1% |
| Bioenergy | 15.7 GWh | 0.0% |
Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025. Utility scale generation, all sectors; small scale solar is not included.
Year by Year
EIA annual statistics, 2001 to 2025Annual statistics through 2025, TWh
| Year | Wind | Gas | Coal | Solar | Hydro |
|---|---|---|---|---|---|
| 2001 | n/a | 4.89 TWh | 28.4 TWh | n/a | 237 GWh |
| 2002 | n/a | 3.44 TWh | 26.9 TWh | n/a | 265 GWh |
| 2003 | 183 GWh | 3.52 TWh | 28.8 TWh | n/a | 171 GWh |
| 2004 | 513 GWh | 2.99 TWh | 29.3 TWh | n/a | 139 GWh |
| 2005 | 795 GWh | 4.19 TWh | 29.9 TWh | n/a | 165 GWh |
| 2006 | 1.26 TWh | 5.89 TWh | 29.9 TWh | n/a | 198 GWh |
| 2007 | 1.39 TWh | 6.66 TWh | 27.6 TWh | n/a | 268 GWh |
| 2008 | 1.64 TWh | 7.97 TWh | 27.0 TWh | n/a | 312 GWh |
| 2009 | 1.55 TWh | 8.66 TWh | 29.1 TWh | n/a | 271 GWh |
| 2010 | 1.83 TWh | 8.51 TWh | 25.6 TWh | 8.93 GWh | 217 GWh |
| 2011 | 2.10 TWh | 8.57 TWh | 27.1 TWh | 128 GWh | 195 GWh |
| 2012 | 2.23 TWh | 8.80 TWh | 25.0 TWh | 334 GWh | 223 GWh |
| 2013 | 2.19 TWh | 8.98 TWh | 24.1 TWh | 388 GWh | 91.8 GWh |
| 2014 | 2.27 TWh | 8.98 TWh | 20.4 TWh | 515 GWh | 98.4 GWh |
| 2015 | 2.09 TWh | 9.36 TWh | 20.4 TWh | 615 GWh | 99.5 GWh |
| 2016 | 3.61 TWh | 9.96 TWh | 18.4 TWh | 752 GWh | 148 GWh |
| 2017 | 4.59 TWh | 9.13 TWh | 18.4 TWh | 1.19 TWh | 193 GWh |
| 2018 | 6.09 TWh | 11.6 TWh | 13.4 TWh | 1.35 TWh | 150 GWh |
| 2019 | 6.89 TWh | 11.8 TWh | 14.7 TWh | 1.37 TWh | 158 GWh |
| 2020 | 7.22 TWh | 12.0 TWh | 12.8 TWh | 1.75 TWh | 203 GWh |
| 2021 | 10.6 TWh | 10.1 TWh | 12.5 TWh | 1.75 TWh | 123 GWh |
| 2022 | 14.4 TWh | 11.0 TWh | 13.3 TWh | 1.98 TWh | 121 GWh |
| 2023 | 14.9 TWh | 14.2 TWh | 7.37 TWh | 2.61 TWh | 108 GWh |
| 2024 | 15.1 TWh | 11.6 TWh | 8.43 TWh | 4.29 TWh | 153 GWh |
| 2025 | 14.2 TWh | 10.5 TWh | 8.18 TWh | 6.10 TWh | 185 GWh |
| Year | Generation | Largest source | Average retail price |
|---|---|---|---|
| 2025 | 39.2 TWh | Wind 36.3% | 9.56 US cents/kWh |
| 2024 | 39.7 TWh | Wind 38.1% | 9.18 US cents/kWh |
| 2023 | 39.3 TWh | Wind 38.0% | 9.47 US cents/kWh |
| 2022 | 40.9 TWh | Wind 35.3% | 10.02 US cents/kWh |
| 2021 | 35.2 TWh | Coal 35.6% | 9.79 US cents/kWh |
| 2020 | 34.1 TWh | Coal 37.5% | 9.33 US cents/kWh |
| 2019 | 35.2 TWh | Coal 41.8% | 8.99 US cents/kWh |
| 2018 | 32.7 TWh | Coal 41.0% | 9.35 US cents/kWh |
| 2017 | 33.6 TWh | Coal 54.8% | 9.59 US cents/kWh |
| 2016 | 32.9 TWh | Coal 55.8% | 9.12 US cents/kWh |
Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025.
Retail Electricity Prices
Average revenue per kWh sold, 2001 to 2025Annual statistics through 2025, US cents/kWh
| Year | All sectors | Residential | Commercial | Industrial |
|---|---|---|---|---|
| 2001 | 7.16 US cents/kWh | 8.74 US cents/kWh | 7.50 US cents/kWh | 5.45 US cents/kWh |
| 2002 | 6.73 US cents/kWh | 8.50 US cents/kWh | 7.22 US cents/kWh | 4.48 US cents/kWh |
| 2003 | 7.00 US cents/kWh | 8.69 US cents/kWh | 7.36 US cents/kWh | 4.95 US cents/kWh |
| 2004 | 7.10 US cents/kWh | 8.67 US cents/kWh | 7.39 US cents/kWh | 5.22 US cents/kWh |
| 2005 | 7.51 US cents/kWh | 9.13 US cents/kWh | 7.81 US cents/kWh | 5.61 US cents/kWh |
| 2006 | 7.37 US cents/kWh | 9.06 US cents/kWh | 7.61 US cents/kWh | 5.57 US cents/kWh |
| 2007 | 7.44 US cents/kWh | 9.12 US cents/kWh | 7.66 US cents/kWh | 5.60 US cents/kWh |
| 2008 | 8.35 US cents/kWh | 10.01 US cents/kWh | 8.67 US cents/kWh | 6.38 US cents/kWh |
| 2009 | 8.09 US cents/kWh | 10.02 US cents/kWh | 8.40 US cents/kWh | 5.72 US cents/kWh |
| 2010 | 8.40 US cents/kWh | 10.52 US cents/kWh | 8.57 US cents/kWh | 6.01 US cents/kWh |
| 2011 | 8.74 US cents/kWh | 11.00 US cents/kWh | 9.07 US cents/kWh | 6.06 US cents/kWh |
| 2012 | 8.83 US cents/kWh | 11.37 US cents/kWh | 9.32 US cents/kWh | 5.83 US cents/kWh |
| 2013 | 9.25 US cents/kWh | 11.68 US cents/kWh | 9.74 US cents/kWh | 6.36 US cents/kWh |
| 2014 | 9.65 US cents/kWh | 12.28 US cents/kWh | 10.27 US cents/kWh | 6.61 US cents/kWh |
| 2015 | 9.62 US cents/kWh | 12.47 US cents/kWh | 10.30 US cents/kWh | 6.33 US cents/kWh |
| 2016 | 9.12 US cents/kWh | 12.03 US cents/kWh | 9.75 US cents/kWh | 5.84 US cents/kWh |
| 2017 | 9.59 US cents/kWh | 12.88 US cents/kWh | 10.19 US cents/kWh | 6.15 US cents/kWh |
| 2018 | 9.35 US cents/kWh | 12.68 US cents/kWh | 10.02 US cents/kWh | 5.84 US cents/kWh |
| 2019 | 8.99 US cents/kWh | 12.51 US cents/kWh | 9.79 US cents/kWh | 5.48 US cents/kWh |
| 2020 | 9.33 US cents/kWh | 12.94 US cents/kWh | 10.28 US cents/kWh | 5.58 US cents/kWh |
| 2021 | 9.79 US cents/kWh | 13.52 US cents/kWh | 10.80 US cents/kWh | 6.16 US cents/kWh |
| 2022 | 10.02 US cents/kWh | 13.84 US cents/kWh | 11.07 US cents/kWh | 6.56 US cents/kWh |
| 2023 | 9.47 US cents/kWh | 13.85 US cents/kWh | 10.68 US cents/kWh | 5.75 US cents/kWh |
| 2024 | 9.18 US cents/kWh | 14.20 US cents/kWh | 10.54 US cents/kWh | 5.43 US cents/kWh |
| 2025 | 9.56 US cents/kWh | 15.08 US cents/kWh | 11.23 US cents/kWh | 5.90 US cents/kWh |
| Sector, 2025 | Average price | Sales | Customers |
|---|---|---|---|
| All sectors | 9.56 US cents/kWh | 31.6 TWh | 1,082,284 |
| Residential | 15.08 US cents/kWh | 7.23 TWh | 925,846 |
| Commercial | 11.23 US cents/kWh | 9.26 TWh | 147,353 |
| Industrial | 5.90 US cents/kWh | 15.1 TWh | 9,085 |
| Transportation | 0.00 US cents/kWh | 0 TWh | 0 |
Prices are average revenue per kWh sold, including delivery charges and taxes collected by utilities, in nominal US cents.
Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025.
Month by Month
EIA monthly statistics, preliminary for recent months| Month | Generation | Average price, all sectors | Residential price |
|---|---|---|---|
| June 2026 | 4.41 TWh | 8.96 US cents/kWh | 15.06 US cents/kWh |
| May 2026 | 4.51 TWh | 8.07 US cents/kWh | 14.12 US cents/kWh |
| April 2026 | 3.97 TWh | 9.25 US cents/kWh | 15.15 US cents/kWh |
| March 2026 | 3.59 TWh | 8.61 US cents/kWh | 14.81 US cents/kWh |
| February 2026 | 3.06 TWh | 8.97 US cents/kWh | 15.07 US cents/kWh |
| January 2026 | 3.59 TWh | 9.21 US cents/kWh | 14.70 US cents/kWh |
| December 2025 | 3.82 TWh | 8.69 US cents/kWh | 14.66 US cents/kWh |
| November 2025 | 3.31 TWh | 8.87 US cents/kWh | 15.61 US cents/kWh |
| October 2025 | 3.37 TWh | 8.81 US cents/kWh | 14.95 US cents/kWh |
| September 2025 | 3.32 TWh | 10.34 US cents/kWh | 16.52 US cents/kWh |
| August 2025 | 3.53 TWh | 10.78 US cents/kWh | 16.19 US cents/kWh |
| July 2025 | 3.24 TWh | 10.38 US cents/kWh | 15.80 US cents/kWh |
Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of June 2026.