Residential electricity prices in Hobbs, NM in March 2025 averaged approximately 14.87 cents per kilowatthour (¢/kWh), which was about 13% less than the national average rate of 17.11 ¢/kWh (March 2025). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Hobbs differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from February 2024 to February 2025 - residential electricity prices in Hobbs increased approximately 5%, from 13.94 ¢/kWh to 14.61 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Hobbs in February 2025 averaged 8.20 dollars per thousand cubic feet ($/Mcf), which was approximately 37% less than the national average rate of 12.94 $/Mcf (February 2025). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Hobbs natural gas prices against U.S. average prices. Compare Hobbs natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Hobbs (New Mexico) decreased approximately 100%, from 8.85 $/Mcf (January 2024) to 0.00 $/Mcf (January 2025). [2]
→ Natural gas prices listed as zero are not currently available.
Sorry, Hobbs solar data is not currently available. Please check back later.
See the chart below for a comparison of Hobbs solar radiation levels against other areas in the U.S. Compare Hobbs levels against both 1) low average solar radition levels (WA) and also 2) high average solar radiation levels (NV). [3]
→ k/m/d: kilowatt hours per square meter per day.
→ Solar radiation values listed as zero are not currently available.
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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The city of Hobbs, NM in Lea County has an approximate population of 34,122. [4]
To learn more about utility rates & usage in Hobbs, NM, or for other information related to utilities in Hobbs, visit the U.S. Energy Information Administration.
Nuclear energy sources provided more than 20 percent of United States electricity in 2011.
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