Energy Calculators

New Mexico electric bill calculator

Estimate a monthly electricity bill in New Mexico from your usage and the state’s average residential price.

A New Mexico household using the state average of 638 kWh a month (2025) would pay about $105.33 a month at the August 2026 average price of 16.51¢/kWh (EIA).

Pre-fills the average price (Aug 2026) and typical use (EIA).

kWh

Average for New Mexico: 638 kWh/month (2025, EIA). Your bill shows your actual use.

¢/kWh
Estimated monthly bill
$105.33
Per year
$1,264
Monthly bill at 16.51¢/kWh
Monthly useBill
500 kWh$82.55
750 kWh$123.83
1,000 kWh$165.10
1,500 kWh$247.65
2,000 kWh$330.20

Formula: monthly bill = kWh used × average price per kWh. EIA’s average price already includes fixed monthly charges, spread over all kWh.

Inputs used: use: 638 kWh/month; rate: 16.51¢/kWh; state: New Mexico.

These are estimates, not financial advice.

Source: U.S. Energy Information Administration (Aug 2026). About our data

Typical monthly bill
$105.33638 kWh × 16.51¢/kWh
vs U.S. typical bill
−33.6%U.S.: $158.72
Rank (1 = highest bill)
50thof 51

New Mexico bills at common usage levels

Monthly useBill at 16.51¢/kWh
500 kWh$82.55
750 kWh$123.83
1,000 kWh$165.10
1,500 kWh$247.65
2,000 kWh$330.20

Average monthly bill over the last 12 months

New Mexico average residential electric bill per customer by monthNew Mexico average bill: $107 in Sep 2025, $162 in Aug 2026. Low $76, high $162.$50$75$100$125$150$175Sep 2025Oct 2025Nov 2025Dec 2025Jan 2026Feb 2026Jul 2026Aug 2026
· dollars per customer per month
Show data table
MonthNew Mexico average bill
Aug 2026$162
Jul 2026$152
Feb 2026$83
Jan 2026$99
Dec 2025$88
Nov 2025$76
Oct 2025$81
Sep 2025$107

EIA did not publish sales for Mar 2026, Apr 2026, May 2026, Jun 2026, so those months are not shown.

Source: U.S. Energy Information Administration (Aug 2026). About our data

States with similar typical bills

How we calculate

bill = kWh × average price per kWh. Typical use is New Mexico’s 2025 residential sales divided by residential customers and 12 months. The monthly chart uses each month’s sales per customer × that month’s price.

See the methodology for details.

Frequently asked questions

What is the average electric bill in New Mexico?

About $105.33 a month for a household using the New Mexico average of 638 kWh (2025) at the August 2026 price of 16.51¢/kWh. That is −33.6% versus the U.S. figure calculated the same way ($158.72).

When are New Mexico electric bills highest?

Over the last 12 months with published data, the average residential bill was highest in August 2026 ($162.29) and lowest in November 2025 ($76.10), based on EIA sales, customers and prices.

Does this include fixed charges and taxes?

EIA’s average price is total residential revenue divided by kWh sold, so fixed customer charges are included, spread over all kWh. Taxes and fees collected on behalf of governments may not be fully included, so actual bills can be somewhat higher.

Data last updated: