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New Mexico electricity prices, April 2025

Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary

In April 2025, residential customers in New Mexico paid an average of 14.35¢ per kilowatthour, up 3.9% on the same month a year earlier (13.81¢). The US average for the month was 17.55¢; New Mexico was 18% below that. It ranked 35th highest among the 50 states and the District of Columbia.

Residential sales were 468,551 MWh, up 3.6% on a year earlier, and the average residential bill for the month was $73.18 on 510 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.

14.35¢residential, per kWh+3.9% on Apr 2024
$73.18average residential bill for the monthon 510 kWh
468.6 GWhresidential sales+3.6% on a year earlier
35thhighest residential price of 51US 17.55¢

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

SectorApr 2025Apr 2024ChangeUS, Apr 2025
Residential14.35¢13.81¢+3.9%17.55¢
Commercial10.80¢10.00¢+8.0%12.89¢
Industrial6.38¢5.53¢+15.4%8.21¢
All sectors9.26¢8.66¢+6.9%13.09¢

Sales and customers

MeasureApr 2025Apr 2024Change
Residential sales468.6 GWh452.1 GWh+3.6%
Sales, all sectors2.4 TWh2.2 TWh+7.8%
Residential customers918,678934,084-1.6%
Average residential bill$73.18$66.84+9.5%
Average residential use, kWh510484+5.4%
US residential price17.55¢16.86¢+4.1%

The two years to April 2025

0¢5¢10¢15¢20¢Apr 2023Aug 2023Dec 2023Apr 2024Aug 2024Dec 2024Apr 2025

New Mexico residentialUS residential

Cents per kWh, Form EIA-861M.
← March 2025May 2025 →

Questions and answers

What was the average electricity price in New Mexico in April 2025?

14.35¢ per kilowatthour for residential customers, 10.80¢ for commercial and 6.38¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 13.81¢ in April 2024, a change of +3.9%. Residential sales changed by +3.6% over the same period.

What was the average residential bill that month?

$73.18, on average use of 510 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.