States › New Mexico › March 2025
New Mexico electricity prices, March 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In March 2025, residential customers in New Mexico paid an average of 14.78¢ per kilowatthour, up 4.5% on the same month a year earlier (14.15¢). The US average for the month was 17.09¢; New Mexico was 14% below that. It ranked 32nd highest among the 50 states and the District of Columbia.
Residential sales were 496,299 MWh, up 4.8% on a year earlier, and the average residential bill for the month was $79.85 on 540 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 | Mar 2025 | Mar 2024 | Change | US, Mar 2025 |
|---|---|---|---|---|
| Residential | 14.78¢ | 14.15¢ | +4.5% | 17.09¢ |
| Commercial | 11.13¢ | 9.99¢ | +11.4% | 13.16¢ |
| Industrial | 6.70¢ | 5.64¢ | +18.8% | 8.26¢ |
| All sectors | 9.72¢ | 8.83¢ | +10.1% | 13.23¢ |
Sales and customers
| Measure | Mar 2025 | Mar 2024 | Change |
|---|---|---|---|
| Residential sales | 496.3 GWh | 473.4 GWh | +4.8% |
| Sales, all sectors | 2.4 TWh | 2.3 TWh | +7.3% |
| Residential customers | 918,355 | 933,045 | -1.6% |
| Average residential bill | $79.85 | $71.81 | +11.2% |
| Average residential use, kWh | 540 | 507 | +6.5% |
| US residential price | 17.09¢ | 16.67¢ | +2.5% |
The two years to March 2025
New Mexico residentialUS residential
Questions and answers
What was the average electricity price in New Mexico in March 2025?
14.78¢ per kilowatthour for residential customers, 11.13¢ for commercial and 6.70¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.15¢ in March 2024, a change of +4.5%. Residential sales changed by +4.8% over the same period.
What was the average residential bill that month?
$79.85, on average use of 540 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.