Residential electricity prices in Lovington, NM in March 2023 averaged approximately 13.36 cents per kilowatthour (¢/kWh), which was about 16% less than the national average rate of 15.85 ¢/kWh (March 2023). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Lovington differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from February 2022 to February 2023 - residential electricity prices in Lovington increased approximately 6%, from 13.23 ¢/kWh to 14.03 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Lovington in February 2023 averaged 0.00 dollars per thousand cubic feet ($/Mcf), which was approximately 100% less than the national average rate of 15.20 $/Mcf (February 2023). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Lovington natural gas prices against U.S. average prices. Compare Lovington natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Lovington (New Mexico) decreased approximately 3%, from 10.67 $/Mcf (January 2022) to 10.34 $/Mcf (January 2023). [2]
→ Natural gas prices listed as zero are not currently available.
The city of Lovington (New Mexico) has an average annual solar radiation value of 6.55 kilowatt hours per square meter per day (kWh/m2/day). Compare Lovington values to both low and high values in the U.S. overall: [3]
→ Solar radiation values listed as zero are not currently available.
See the chart below for a comparison of Lovington solar radiation levels against other areas in the U.S. Compare Lovington 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 Lovington, NM in Lea County has an approximate population of 11,009. [4]
To learn more about utility rates & usage in Lovington, NM, or for other information related to utilities in Lovington, visit the U.S. Energy Information Administration.
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