States › New Mexico › May 2026
New Mexico electricity prices, May 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In May 2026, residential customers in New Mexico paid an average of 14.12¢ per kilowatthour, down 2.6% on the same month a year earlier (14.50¢). The US average for the month was 18.44¢; New Mexico was 23% below that. It ranked 44th highest among the 50 states and the District of Columbia.
Residential sales were 541,388 MWh, up 7.7% on a year earlier, and the average residential bill for the month was $82.27 on 583 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 2026 | May 2025 | Change | US, May 2026 |
|---|---|---|---|---|
| Residential | 14.12¢ | 14.50¢ | -2.6% | 18.44¢ |
| Commercial | 10.18¢ | 10.85¢ | -6.2% | 13.54¢ |
| Industrial | 4.45¢ | 6.00¢ | -25.8% | 8.71¢ |
| All sectors | 8.07¢ | 9.19¢ | -12.2% | 13.83¢ |
Sales and customers
| Measure | May 2026 | May 2025 | Change |
|---|---|---|---|
| Residential sales | 541.4 GWh | 502.6 GWh | +7.7% |
| Sales, all sectors | 2.7 TWh | 2.6 TWh | +4.7% |
| Residential customers | 929,368 | 919,170 | +1.1% |
| Average residential bill | $82.27 | $79.27 | +3.8% |
| Average residential use, kWh | 583 | 547 | +6.6% |
| US residential price | 18.44¢ | 17.37¢ | +6.2% |
The two years to May 2026
New Mexico residentialUS residential
Questions and answers
What was the average electricity price in New Mexico in May 2026?
14.12¢ per kilowatthour for residential customers, 10.18¢ for commercial and 4.45¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 14.50¢ in May 2025, a change of -2.6%. Residential sales changed by +7.7% over the same period.
What was the average residential bill that month?
$82.27, on average use of 583 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.