Residential electricity prices in Socorro, NM in February 2024 averaged approximately 14.14 cents per kilowatthour (¢/kWh), which was about 12% less than the national average rate of 16.10 ¢/kWh (February 2024). [1]
→ Electricity rates listed as zero are not currently available.
See how electricity costs in Socorro differ from the average electricity costs for the U.S. overall. [1]
On a year-over-year basis - from January 2023 to January 2024 - residential electricity prices in Socorro increased approximately 2%, from 13.53 ¢/kWh to 13.76 ¢/kWh. [1]
→ Electricity rates listed as zero are not currently available.
Residential natural gas prices in Socorro in February 2024 averaged 8.85 dollars per thousand cubic feet ($/Mcf), which was approximately 33% less than the national average rate of 13.25 $/Mcf (February 2024). [2]
→ Natural gas prices listed as zero are not currently available.
See the chart below to see a comparison of Socorro natural gas prices against U.S. average prices. Compare Socorro natural gas costs to overall U.S. average costs. [2]
On a year-over-year basis, residential natural gas prices in Socorro (New Mexico) decreased approximately 38%, from 14.05 $/Mcf (January 2023) to 8.67 $/Mcf (January 2024). [2]
→ Natural gas prices listed as zero are not currently available.
The city of Socorro (New Mexico) has an average annual solar radiation value of 6.58 kilowatt hours per square meter per day (kWh/m2/day). Compare Socorro 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 Socorro solar radiation levels against other areas in the U.S. Compare Socorro 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 Socorro, NM in Socorro County has an approximate population of 9,051. [4]
To learn more about utility rates & usage in Socorro, NM, or for other information related to utilities in Socorro, visit the U.S. Energy Information Administration.
The world's largest source for producing electricity is coal, which generates about half of the electricity in the U.S.
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