Residential electricity price — New Mexico

New Mexico figure

Residential electricity price (New Mexico figure) is 16.51¢ as of August 2026. That is up 2.86¢ (21%) since January 20, 2025 and up 2.37¢ (16.8%) versus the 2024 average, and up 0.53¢ year over year.

Latest

16.51¢

Since Jan 2025

▲ 2.86¢ (21%)

Since 2024 avg

▲ 2.37¢ (16.8%)

Year over year

▲ 0.53¢ (3.3%)

Rank: #30 of 61 states by price (highest = 1).