Average Household Electricity Bill in New Mexico (2026)

A typical New Mexico household uses about 893 kWh/month and pays about $135/month — or $1623/year — at the April 2026 residential rate of 15.15¢/kWh.

Monthly use893 kWh
Monthly bill$135
Annual bill$1623

New Mexico’s rate is 20% below the U.S. average (18.83¢/kWh). Versus the national typical bill of $168/month, New Mexico households pay $33 less each month.

Where does that 893 kWh/month go?

Based on EIA Residential Energy Consumption Survey averages, here is how a typical household’s electricity splits across major loads in New Mexico:

Load category~SharekWh/monthCost/month at 15.15¢/kWh
Space cooling17%152$23.00
Water heating12%107$16.23
Space heating12%107$16.23
Refrigeration7%63$9.47
Lighting5%45$6.76
TV & electronics7%63$9.47
Washer & dryer5%45$6.76
Cooking4%36$5.41
Other (always-on, misc)31%277$41.94

Shares vary widely by climate, home size, and what fuels you use (gas vs electric heat, gas vs electric water heater). The split above assumes a fully-electric household; gas-heated homes will see a smaller heating slice and a higher relative share for other loads.

How New Mexico compares

The 12 cheapest electricity states are dominated by hydropower, nuclear baseload, or coal-rich regions (Idaho, Washington, Utah, Nebraska, Oklahoma). The most expensive — Hawaii, California, Connecticut, Massachusetts, Rhode Island, New York — typically have higher fuel imports, more expensive transmission, or both. New Mexico sits at 15.15¢/kWh, ranking 17 out of 51 (1 = cheapest).

FAQ

Why use 893 kWh/month as the baseline?

That is the most recent U.S. average residential household consumption published by the EIA Residential Energy Consumption Survey. Actual usage varies from ~500 kWh/month in mild-climate apartments to over 2,000 kWh/month in large electric-heated homes.

I use much more / less than that — what should I do?

Multiply your actual monthly kWh (from your bill) by 0.1515 to get your New Mexico bill. Or use any of our per-appliance calculators to add up your actual loads.

Does this include fees and taxes?

No — this is the energy-only cost at the average residential rate. Most U.S. utilities also charge a small monthly customer/service fee ($5–$20) and applicable taxes, which add on top of the figures here.