Electricity rates in New Mexico
Calculate your cost
Leave empty to use the official price for United States: 18.16¢/kWh (August 2026).
Tariff and voltage
At 120 V it draws about 12.5 A. Voltage changes the current (amps), not the cost.
Results
Per hour: $0.25, Per day: $1.98, Per month: $60.23
- Per hour
- $0.25
- Per day
- $1.98
- Per month
- $60.23
- Per year
- $723.14
1.5 kWh per hour · 12 kWh per day
Based on 1,500 W for 8 h a day, 30.4 days a month, at 16.51¢/kWh.
On slab (tiered) tariffs, use the price of the highest slab your bill reaches: that's what each extra unit really costs.
What appliances cost to run in New Mexico
| Appliance | Typical use | Per hour | Per day | Per month |
|---|---|---|---|---|
| Heat pump | 2,000 W, 24 h a day | $0.17 | $3.96 | $120.46 |
| Space heater | 1,500 W, 8 h a day | $0.25 | $1.98 | $60.23 |
| Electric water heater | 4,000 W, 3 h a day | $0.66 | $1.98 | $60.23 |
| Pool pump | 1,500 W, 6 h a day | $0.25 | $1.49 | $45.17 |
| Hot tub | 5,500 W, 24 h a day | $0.05 | $1.09 | $33.13 |
| Oil-filled radiator | 1,500 W, 8 h a day | $0.12 | $0.99 | $30.11 |
| Air conditioner | 1,000 W, 8 h a day | $0.10 | $0.79 | $24.09 |
| Clothes dryer | 3,000 W, 1 h a day | $0.40 | $0.40 | $12.05 |
| Dehumidifier | 300 W, 8 h a day | $0.05 | $0.40 | $12.05 |
| Gaming PC | 400 W, 4 h a day | $0.07 | $0.26 | $8.03 |
| Air cooler | 200 W, 8 h a day | $0.03 | $0.26 | $8.03 |
| Electric shower | 9,500 W, 0.13 h a day | $1.57 | $0.21 | $6.34 |
| Refrigerator | 150 W, 24 h a day | $0.01 | $0.21 | $6.32 |
| Water dispenser | 450 W, 24 h a day | $0.01 | $0.20 | $6.02 |
| Kotatsu | 600 W, 5 h a day | $0.03 | $0.15 | $4.52 |
| Water pump | 750 W, 1 h a day | $0.12 | $0.12 | $3.76 |
| Home UPS or inverter | 30 W, 24 h a day | $0.005 | $0.12 | $3.61 |
| Electric blanket | 150 W, 8 h a day | $0.01 | $0.10 | $3.01 |
| Christmas lights | 100 W, 6 h a day | $0.02 | $0.10 | $3.01 |
| Ceiling fan | 60 W, 10 h a day | $0.01 | $0.10 | $3.01 |
| Game console | 200 W, 3 h a day | $0.03 | $0.10 | $3.01 |
| Washing machine | 2,000 W, 1 h a day | $0.08 | $0.08 | $2.51 |
| TV | 80 W, 5 h a day | $0.01 | $0.07 | $2.01 |
| Hair dryer | 1,800 W, 0.17 h a day | $0.30 | $0.05 | $1.51 |
| Electric kettle | 2,000 W, 0.15 h a day | $0.33 | $0.05 | $1.51 |
| Microwave | 1,200 W, 0.25 h a day | $0.20 | $0.05 | $1.51 |
| Air fryer | 1,700 W, 0.5 h a day | $0.10 | $0.05 | $1.49 |
| Rice cooker | 500 W, 0.5 h a day | $0.08 | $0.04 | $1.25 |
| Wi-Fi router | 10 W, 24 h a day | $0.0017 | $0.04 | $1.20 |
About electricity rates in New Mexico
New Mexico's electricity comes from regulated, vertically integrated utilities with no retail choice. PNM serves Albuquerque, Santa Fe and much of the central state, El Paso Electric serves the Las Cruces area, Southwestern Public Service covers the eastern plains, and rural cooperatives serve a large share of the land area. Rates for investor-owned utilities are set by the New Mexico Public Regulation Commission.
Coal long dominated generation, but the state has been retiring coal plants and adding wind and solar, and state law requires utilities to move to carbon-free supply over the coming decades. The high-desert climate brings strong sunshine, warm summers and cool nights; evaporative coolers are common alongside air conditioning, and most winter heating uses natural gas. Net metering is available and rooftop solar is fairly widespread.