States › New Mexico › October 2025
New Mexico electricity prices, October 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In October 2025, residential customers in New Mexico paid an average of 14.95¢ per kilowatthour, up 6.2% on the same month a year earlier (14.08¢). The US average for the month was 17.97¢; New Mexico was 17% below that. It ranked 34th highest among the 50 states and the District of Columbia.
Residential sales were 523,570 MWh, down 4.0% on a year earlier, and the average residential bill for the month was $84.53 on 565 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 | Oct 2025 | Oct 2024 | Change | US, Oct 2025 |
|---|---|---|---|---|
| Residential | 14.95¢ | 14.08¢ | +6.2% | 17.97¢ |
| Commercial | 10.38¢ | 10.20¢ | +1.8% | 13.49¢ |
| Industrial | 5.53¢ | 5.31¢ | +4.1% | 8.65¢ |
| All sectors | 8.81¢ | 8.66¢ | +1.7% | 13.66¢ |
Sales and customers
| Measure | Oct 2025 | Oct 2024 | Change |
|---|---|---|---|
| Residential sales | 523.6 GWh | 545.6 GWh | -4.0% |
| Sales, all sectors | 2.6 TWh | 2.5 TWh | +2.7% |
| Residential customers | 926,175 | 940,225 | -1.5% |
| Average residential bill | $84.53 | $81.69 | +3.5% |
| Average residential use, kWh | 565 | 580 | -2.6% |
| US residential price | 17.97¢ | 17.09¢ | +5.1% |
The two years to October 2025
New Mexico residentialUS residential
Questions and answers
What was the average electricity price in New Mexico in October 2025?
14.95¢ per kilowatthour for residential customers, 10.38¢ for commercial and 5.53¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.08¢ in October 2024, a change of +6.2%. Residential sales changed by -4.0% over the same period.
What was the average residential bill that month?
$84.53, on average use of 565 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.