States › New Mexico › May 2025
New Mexico electricity prices, May 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In May 2025, residential customers in New Mexico paid an average of 14.50¢ per kilowatthour, up 6.4% on the same month a year earlier (13.63¢). The US average for the month was 17.37¢; New Mexico was 17% below that. It ranked 34th highest among the 50 states and the District of Columbia.
Residential sales were 502,622 MWh, down 3.7% on a year earlier, and the average residential bill for the month was $79.27 on 547 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 | May 2025 | May 2024 | Change | US, May 2025 |
|---|---|---|---|---|
| Residential | 14.50¢ | 13.63¢ | +6.4% | 17.37¢ |
| Commercial | 10.85¢ | 10.26¢ | +5.8% | 12.93¢ |
| Industrial | 6.00¢ | 5.75¢ | +4.3% | 8.29¢ |
| All sectors | 9.19¢ | 8.96¢ | +2.6% | 13.13¢ |
Sales and customers
| Measure | May 2025 | May 2024 | Change |
|---|---|---|---|
| Residential sales | 502.6 GWh | 522.1 GWh | -3.7% |
| Sales, all sectors | 2.6 TWh | 2.4 TWh | +7.3% |
| Residential customers | 919,170 | 935,940 | -1.8% |
| Average residential bill | $79.27 | $76.03 | +4.3% |
| Average residential use, kWh | 547 | 558 | -2.0% |
| US residential price | 17.37¢ | 16.40¢ | +5.9% |
The two years to May 2025
New Mexico residentialUS residential
Questions and answers
What was the average electricity price in New Mexico in May 2025?
14.50¢ per kilowatthour for residential customers, 10.85¢ for commercial and 6.00¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 13.63¢ in May 2024, a change of +6.4%. Residential sales changed by -3.7% over the same period.
What was the average residential bill that month?
$79.27, on average use of 547 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.