States › New Mexico › July 2025
New Mexico electricity prices, July 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In July 2025, residential customers in New Mexico paid an average of 15.80¢ per kilowatthour, up 6.1% on the same month a year earlier (14.89¢). The US average for the month was 17.45¢; New Mexico was 9.5% below that. It ranked 24th highest among the 50 states and the District of Columbia.
Residential sales were 821,887 MWh, down 1.3% on a year earlier, and the average residential bill for the month was $141.04 on 893 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 | Jul 2025 | Jul 2024 | Change | US, Jul 2025 |
|---|---|---|---|---|
| Residential | 15.80¢ | 14.89¢ | +6.1% | 17.45¢ |
| Commercial | 12.46¢ | 11.79¢ | +5.7% | 14.05¢ |
| Industrial | 5.74¢ | 5.40¢ | +6.3% | 9.33¢ |
| All sectors | 10.38¢ | 10.10¢ | +2.8% | 14.36¢ |
Sales and customers
| Measure | Jul 2025 | Jul 2024 | Change |
|---|---|---|---|
| Residential sales | 821.9 GWh | 832.5 GWh | -1.3% |
| Sales, all sectors | 3.1 TWh | 2.9 TWh | +4.8% |
| Residential customers | 920,688 | 935,425 | -1.6% |
| Average residential bill | $141.04 | $132.55 | +6.4% |
| Average residential use, kWh | 893 | 890 | +0.3% |
| US residential price | 17.45¢ | 16.62¢ | +5.0% |
The two years to July 2025
New Mexico residentialUS residential
Questions and answers
What was the average electricity price in New Mexico in July 2025?
15.80¢ per kilowatthour for residential customers, 12.46¢ for commercial and 5.74¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.89¢ in July 2024, a change of +6.1%. Residential sales changed by -1.3% over the same period.
What was the average residential bill that month?
$141.04, on average use of 893 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.