Residential electricity prices in New Mexico in August 2023 averaged 14.71 cents per kilowatthour (¢/kWh), which was approximately 8% less than the national average rate of 15.93 ¢/kWh (August 2023). [1]
→ Rates listed here as zeroes are not currently available.
See the chart below to compare New Mexico electricity rates against average rates in the U.S. [1]
→ Rates listed here as zeroes are not currently available.
Residential natural gas prices in New Mexico in August 2023 averaged 16.14 dollars per thousand cubic feet ($/Mcf), which was approximately 30% less than the national average rate of 23.22 $/Mcf (August 2023). [2]
→ Prices listed here as zeroes are not currently available.
See the chart below to compare New Mexico natural gas prices against the U.S. average prices. [2]
→ Prices listed here as zeroes are not currently available.
The capital of New Mexico, Santa Fe, has an average annual solar radiation value of 6.5 kilowatt hours per square meter per day (kWh/m2/day). Compare it to low and high values for the country as a whole. [3]
→ kWh/m2/day: kilowatt hours per square meter per day.
→ Values listed as zero are not currently available.
→ New Mexico values listed here are based on Santa Fe data.
See the chart below to compare New Mexico solar radiation levels against the high and low in the U.S. [3]
→ k/m/d: kilowatt hours per square meter per day.
→ Values listed as zero are not currently available.
→ New Mexico values listed here are based on Santa Fe data.
Households in the United States have benefited from falling energy prices in recent years, which has driven down the cost of living.
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Penn State researchers recently examined microgrids and discovered that they may not always be a wise economic move for communities.
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Through the analysis of publicly available data filed by electricity suppliers, the CT OCC discovered that electricity customers overpaid by $58 million in 2015.
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New Mexico ranks 36th in the United States with an total population of approximately 2,059,179. [4]
To learn more about utility rates and consumption in New Mexico, or for other information related to utilities in NM, visit the U.S. Energy Information Administration.
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