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Data as of 2026-06
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Built 2026-09-22 (22 September 2026)

New Mexico Electricity Prices: 15.08 US cents/kWh Residential, 2025

The average residential price of electricity in New Mexico was 15.08 US cents/kWh in 2025, the 30th highest residential price of the 51 states and DC. That is over the previous year +6.2%, over five years +16.5%, over ten years +20.9%. Commercial customers paid 11.23 US cents/kWh and industrial customers 5.90 US cents/kWh in 2025. These are EIA statistics; they are not real time and do not include taxes or fees billed separately by some utilities.

Key Facts

  • The average residential price of electricity in New Mexico was 15.08 US cents/kWh in 2025, the 30th highest residential price of the 51 states and DC.
  • Commercial customers in New Mexico paid an average of 11.23 US cents/kWh in 2025, and industrial customers 5.90 US cents/kWh.
  • New Mexico's residential electricity price rose 16.5% over the five years to 2025.
  • New Mexico's residential electricity price rose 20.9% over the ten years to 2025.
  • The most recent monthly figure for New Mexico is June 2026.

Key Figures

MeasureValueAs of / source
Residential price15.08 US cents/kWh2025 · EIA
Commercial price11.23 US cents/kWh2025 · EIA
Industrial price5.90 US cents/kWh2025 · EIA
All sectors9.56 US cents/kWh2025 · EIA
Residential price rank, highest first30 of 512025 · EIA
Change over 1 year+6.2%to 2025 · EIA
Change over 5 years+16.5%to 2025 · EIA
Change over 10 years+20.9%to 2025 · EIA

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025. Average revenue per kWh sold, including delivery charges and taxes collected by utilities, in nominal US cents.

Price History, 2001 to 2025

EIA annual statistics
New Mexico average electricity price by sector, 2001 to 2025 New Mexico's average electricity price by customer sector from 2001 to 2025, in US cents per kWh. In 2025 the residential price was 15.08 US cents/kWh. 0 5 10 15 20 20012006201120162021
New Mexico's average electricity price by customer sector from 2001 to 2025, in US cents per kWh. In 2025 the residential price was 15.08 US cents/kWh.
Annual statistics through 2025, US cents/kWh
New Mexico average electricity price by sector, 2001 to 2025
YearAll sectorsResidentialCommercialIndustrial
20017.16 US cents/kWh8.74 US cents/kWh7.50 US cents/kWh5.45 US cents/kWh
20026.73 US cents/kWh8.50 US cents/kWh7.22 US cents/kWh4.48 US cents/kWh
20037.00 US cents/kWh8.69 US cents/kWh7.36 US cents/kWh4.95 US cents/kWh
20047.10 US cents/kWh8.67 US cents/kWh7.39 US cents/kWh5.22 US cents/kWh
20057.51 US cents/kWh9.13 US cents/kWh7.81 US cents/kWh5.61 US cents/kWh
20067.37 US cents/kWh9.06 US cents/kWh7.61 US cents/kWh5.57 US cents/kWh
20077.44 US cents/kWh9.12 US cents/kWh7.66 US cents/kWh5.60 US cents/kWh
20088.35 US cents/kWh10.01 US cents/kWh8.67 US cents/kWh6.38 US cents/kWh
20098.09 US cents/kWh10.02 US cents/kWh8.40 US cents/kWh5.72 US cents/kWh
20108.40 US cents/kWh10.52 US cents/kWh8.57 US cents/kWh6.01 US cents/kWh
20118.74 US cents/kWh11.00 US cents/kWh9.07 US cents/kWh6.06 US cents/kWh
20128.83 US cents/kWh11.37 US cents/kWh9.32 US cents/kWh5.83 US cents/kWh
20139.25 US cents/kWh11.68 US cents/kWh9.74 US cents/kWh6.36 US cents/kWh
20149.65 US cents/kWh12.28 US cents/kWh10.27 US cents/kWh6.61 US cents/kWh
20159.62 US cents/kWh12.47 US cents/kWh10.30 US cents/kWh6.33 US cents/kWh
20169.12 US cents/kWh12.03 US cents/kWh9.75 US cents/kWh5.84 US cents/kWh
20179.59 US cents/kWh12.88 US cents/kWh10.19 US cents/kWh6.15 US cents/kWh
20189.35 US cents/kWh12.68 US cents/kWh10.02 US cents/kWh5.84 US cents/kWh
20198.99 US cents/kWh12.51 US cents/kWh9.79 US cents/kWh5.48 US cents/kWh
20209.33 US cents/kWh12.94 US cents/kWh10.28 US cents/kWh5.58 US cents/kWh
20219.79 US cents/kWh13.52 US cents/kWh10.80 US cents/kWh6.16 US cents/kWh
202210.02 US cents/kWh13.84 US cents/kWh11.07 US cents/kWh6.56 US cents/kWh
20239.47 US cents/kWh13.85 US cents/kWh10.68 US cents/kWh5.75 US cents/kWh
20249.18 US cents/kWh14.20 US cents/kWh10.54 US cents/kWh5.43 US cents/kWh
20259.56 US cents/kWh15.08 US cents/kWh11.23 US cents/kWh5.90 US cents/kWh

Month by Month

EIA monthly statistics, preliminary for recent months, through June 2026
New Mexico average electricity price, all sectors and residential, by month New Mexico's average electricity price by month, in US cents per kWh, from July 2025 to June 2026. 0 5 10 15 20 Jul 2025Aug 2025Sep 2025Oct 2025Nov 2025Dec 2025Jan 2026Feb 2026Mar 2026Apr 2026May 2026Jun 2026
New Mexico's average electricity price by month, in US cents per kWh, from July 2025 to June 2026.
Monthly statistics through June 2026, US cents/kWh
New Mexico average electricity price, all sectors and residential, by month
MonthAll sectorsResidential
2025-0710.38 US cents/kWh15.80 US cents/kWh
2025-0810.78 US cents/kWh16.19 US cents/kWh
2025-0910.34 US cents/kWh16.52 US cents/kWh
2025-108.81 US cents/kWh14.95 US cents/kWh
2025-118.87 US cents/kWh15.61 US cents/kWh
2025-128.69 US cents/kWh14.66 US cents/kWh
2026-019.21 US cents/kWh14.70 US cents/kWh
2026-028.97 US cents/kWh15.07 US cents/kWh
2026-038.61 US cents/kWh14.81 US cents/kWh
2026-049.25 US cents/kWh15.15 US cents/kWh
2026-058.07 US cents/kWh14.12 US cents/kWh
2026-068.96 US cents/kWh15.06 US cents/kWh

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of June 2026.