States › New Mexico › February 2025
New Mexico electricity prices, February 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In February 2025, residential customers in New Mexico paid an average of 14.53¢ per kilowatthour, up 5.8% on the same month a year earlier (13.73¢). The US average for the month was 16.43¢; New Mexico was 12% below that. It ranked 29th highest among the 50 states and the District of Columbia.
Residential sales were 541,947 MWh, down 1.0% on a year earlier, and the average residential bill for the month was $85.86 on 591 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.
EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.
Price by sector
| Sector | Feb 2025 | Feb 2024 | Change | US, Feb 2025 |
|---|---|---|---|---|
| Residential | 14.53¢ | 13.73¢ | +5.8% | 16.43¢ |
| Commercial | 10.55¢ | 10.10¢ | +4.5% | 12.98¢ |
| Industrial | 6.39¢ | 5.39¢ | +18.6% | 8.24¢ |
| All sectors | 9.56¢ | 8.95¢ | +6.8% | 13.18¢ |
Sales and customers
| Measure | Feb 2025 | Feb 2024 | Change |
|---|---|---|---|
| Residential sales | 541.9 GWh | 547.4 GWh | -1.0% |
| Sales, all sectors | 2.3 TWh | 2.2 TWh | +2.9% |
| Residential customers | 916,865 | 932,998 | -1.7% |
| Average residential bill | $85.86 | $80.56 | +6.6% |
| Average residential use, kWh | 591 | 587 | +0.7% |
| US residential price | 16.43¢ | 16.10¢ | +2.0% |
The two years to February 2025
New Mexico residentialUS residential
Questions and answers
What was the average electricity price in New Mexico in February 2025?
14.53¢ per kilowatthour for residential customers, 10.55¢ for commercial and 6.39¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 13.73¢ in February 2024, a change of +5.8%. Residential sales changed by -1.0% over the same period.
What was the average residential bill that month?
$85.86, on average use of 591 kWh. This is residential revenue divided by residential customers for the month.
Provenance
Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the New Mexico page.