Data / Average residential electricity price / New Mexico

Average residential electricity price in New Mexico

Average residential electricity price in New Mexico was 15.08 US cents per kWh in 2025, according to the U.S. Energy Information Administration. That is up 6.2% from 2024. That is the 30th highest of 51 states in 2025.

2025, US cents per kWh15.08 Provisional
Change on 2024+6.2%
Rank30th of 51US states ranked
Series high15.082025
Series low8.52002

Average residential electricity price in New Mexico, 2001 to 2025

81012141620012005200920132017202120252001: 8.74 US cents per kWh2002: 8.5 US cents per kWh2003: 8.69 US cents per kWh2004: 8.67 US cents per kWh2005: 9.13 US cents per kWh2006: 9.06 US cents per kWh2007: 9.12 US cents per kWh2008: 10.01 US cents per kWh2009: 10.02 US cents per kWh2010: 10.52 US cents per kWh2011: 11 US cents per kWh2012: 11.37 US cents per kWh2013: 11.68 US cents per kWh2014: 12.28 US cents per kWh2015: 12.47 US cents per kWh2016: 12.03 US cents per kWh2017: 12.88 US cents per kWh2018: 12.68 US cents per kWh2019: 12.51 US cents per kWh2020: 12.94 US cents per kWh2021: 13.52 US cents per kWh2022: 13.84 US cents per kWh2023: 13.85 US cents per kWh2024: 14.2 US cents per kWh2025: 15.08 US cents per kWh
US cents per kWh. Source: EIA, Electricity data browser: average retail price of electricity, residential sector, annual (EIA-861 and EIA-861M) via Data Commons. Retrieved 2026-10-11, published 2026-10-11.
All 25 values
PeriodUS cents per kWh
202515.08 Provisional
202414.2
202313.85
202213.84
202113.52
202012.94
201912.51
201812.68
201712.88
201612.03
201512.47
201412.28
201311.68
201211.37
201111
201010.52
200910.02
200810.01
20079.12
20069.06
20059.13
20048.67
20038.69
20028.5
20018.74

Compared with United States

Place2025
New Mexico15.08
United States17.3

Rankings

Definition

Average retail price of electricity sold to residential customers in the year, in US cents per kilowatt hour: utility revenue divided by kilowatt hours sold, as reported to the U.S. Energy Information Administration.

United States and its states only. Includes taxes and delivery charges recovered through rates, so it is an average bill price, not a wholesale or tariff price.

How to cite

Source: U.S. Energy Information Administration. Electricity data browser: average retail price of electricity, residential sector, annual (EIA-861 and EIA-861M). Retrieved through Data Commons (datacommons.org). https://www.eia.gov/electricity/data/browser/. Retrieved 2026-10-11.

Use this data in your AI agent

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What is the latest average residential electricity price in New Mexico? Cite the source.
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Questions

What is the average residential electricity price in New Mexico?

Average residential electricity price in New Mexico was 15.08 US cents per kWh in 2025, according to the U.S. Energy Information Administration. That is up 6.2% from 2024. That is the 30th highest of 51 states in 2025.

Where does this figure come from?

U.S. Energy Information Administration. Electricity data browser: average retail price of electricity, residential sector, annual (EIA-861 and EIA-861M). Retrieved by Invokely on 2026-10-11.

What was the highest average residential electricity price in New Mexico?

15.08 US cents per kWh in 2025, the highest value since 2001 in this series.

Average residential electricity price elsewhere in United States

Related statistics for New Mexico

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