Electricity Cost in New Mexico

Homes in New Mexico paid an average of 16.51¢ per kWh in August 2026: below the U.S. average of 18.16¢, and the 27th cheapest of 51. A year earlier it was 15.98¢.

Calculate any appliance in New Mexico

What appliances cost to run in New Mexico

Appliance (typical use)Per monthPer year
Electric water heater$67.79$814
Central air conditioner$46.23$555
RV air conditioner$11.89$143
Furnace blower fan$11.89$143
Slow cooker$10.04$121
Well pump$10.04$121
Space heater$9.91$119
Window air conditioner$9.36$112
Electric clothes dryer$8.37$100
Desktop computer$8.03$96.42
Electric stove burner$7.53$90.39
Induction cooktop (single)$7.53$90.39
Refrigerator$6.33$75.95
Freezer$5.71$68.52
Dehumidifier$4.33$52.01
Sump pump$4.02$48.21
Mini fridge$3.38$40.61
Dishwasher$3.29$39.46
Laptop$2.41$28.93
Electric kettle$1.88$22.60
Hair dryer$1.88$22.60
TV$1.87$22.42
Washing machine$1.51$18.16
Clothes iron$1.51$18.08
Box fan$1.32$15.85
Electric blanket$1.32$15.85
Microwave$1.26$15.07
Coffee maker$1.26$15.07
Vacuum cleaner$1.26$15.07
Wi-Fi router$1.21$14.46
Ceiling fan$0.59$7.08
Electric grill$0.57$6.87
Toaster$0.55$6.63
LED light bulb$0.25$3.01
Blender$0.13$1.51
Garage door opener$0.13$1.51

Typical use per appliance is explained on each appliance page. Source: EIA Electric Power Monthly, Table 5.6.A.

FAQ

What is the average electricity rate in New Mexico?

16.51¢ per kWh for homes in August 2026 (EIA), 3% higher than a year earlier. The year-to-date average is 15.34¢.

How much does it cost to run a refrigerator in New Mexico?

About $6.33 a month for a median ENERGY STAR refrigerator (460 kWh/yr).

Note: These are estimates. Real consumption depends on the exact model, its age, settings, room temperature and how you use it. For your exact number, check the appliance's label or measure it with a plug-in energy meter. Rates are August 2026 state averages from the EIA; check your bill for your actual rate. When powering appliances from a generator or power station, never exceed its rated output and follow the manufacturer's safety instructions.