Residential electricity prices in Lovington, NM in July 2023 averaged approximately 14.71 cents per kilowatthour (¢/kWh), which was about 8% less than the national average rate of 15.91 ¢/kWh (July 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 June 2022 to June 2023 - residential electricity prices in Lovington decreased approximately 2%, from 14.13 ¢/kWh to 13.89 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Lovington in July 2023 averaged 14.92 dollars per thousand cubic feet ($/Mcf), which was approximately 32% less than the national average rate of 21.85 $/Mcf (July 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 41%, from 22.08 $/Mcf (June 2022) to 12.92 $/Mcf (June 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.
Nearly half of the households in the United States use natural gas as their main heating fuel.
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