STATE ELECTRICITY REPORT / NM
New Mexico electricity prices and operating costs.
Latest residential average: 16.09¢/kWh for 2026-07.
Residential rate16.09¢
1 month+6.8%
1 year+1.8%
5 years+11.8%
Cost to run common equipment in New Mexico
Every row uses the same standardized annual kWh assumption used on the national Cost to Run Index.
| Equipment | Annual kWh | Monthly cost | Annual cost |
|---|---|---|---|
| Traditional Sauna | 1,755 | $24 | $282 |
| Infrared Sauna | 211 | $3 | $34 |
| EV Charging | 2,880 | $39 | $463 |
| Central Air Conditioning | 3,360 | $45 | $541 |
| Heat Pump | 3,600 | $48 | $579 |
| Hot Tub | 2,190 | $29 | $352 |
| Pool Pump | 2,160 | $29 | $348 |
| Electric Water Heater | 4,500 | $60 | $724 |
| Refrigerator | 600 | $8 | $97 |
| Electric Clothes Dryer | 468 | $6 | $75 |
| Dishwasher | 312 | $4 | $50 |
| Electric Oven | 520 | $7 | $84 |
| Dehumidifier | 720 | $10 | $116 |
| Space Heater | 900 | $12 | $145 |
| Chest Freezer | 350 | $5 | $56 |