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New Mexico electricity prices, November 2025

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

In November 2025, residential customers in New Mexico paid an average of 15.61¢ per kilowatthour, up 11.7% on the same month a year earlier (13.98¢). The US average for the month was 17.78¢; New Mexico was 12% below that. It ranked 29th highest among the 50 states and the District of Columbia.

Residential sales were 469,878 MWh, down 11.0% on a year earlier, and the average residential bill for the month was $79.20 on 507 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.

15.61¢residential, per kWh+11.7% on Nov 2024
$79.20average residential bill for the monthon 507 kWh
469.9 GWhresidential sales-11.0% on a year earlier
29thhighest residential price of 51US 17.78¢

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

SectorNov 2025Nov 2024ChangeUS, Nov 2025
Residential15.61¢13.98¢+11.7%17.78¢
Commercial10.89¢10.23¢+6.5%13.19¢
Industrial5.37¢5.52¢-2.7%8.44¢
All sectors8.87¢8.78¢+1.0%13.43¢

Sales and customers

MeasureNov 2025Nov 2024Change
Residential sales469.9 GWh528.2 GWh-11.0%
Sales, all sectors2.5 TWh2.5 TWh-0.2%
Residential customers925,974940,296-1.5%
Average residential bill$79.20$78.55+0.8%
Average residential use, kWh507562-9.8%
US residential price17.78¢16.85¢+5.5%

The two years to November 2025

0¢5¢10¢15¢20¢Nov 2023Mar 2024Jul 2024Nov 2024Mar 2025Jul 2025Nov 2025

New Mexico residentialUS residential

Cents per kWh, Form EIA-861M.
← October 2025December 2025 →

Questions and answers

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

15.61¢ per kilowatthour for residential customers, 10.89¢ for commercial and 5.37¢ for industrial customers. EIA marks the month as preliminary.

How does that compare with a year earlier?

The residential average was 13.98¢ in November 2024, a change of +11.7%. Residential sales changed by -11.0% over the same period.

What was the average residential bill that month?

$79.20, on average use of 507 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.