States › New Mexico › July 2026
New Mexico electricity prices, July 2026
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In July 2026, residential customers in New Mexico paid an average of 16.09¢ per kilowatthour, up 1.8% on the same month a year earlier (15.80¢). The US average for the month was 18.31¢; New Mexico was 12% below that. It ranked 27th highest among the 50 states and the District of Columbia.
Residential sales were 877,507 MWh, up 6.8% on a year earlier, and the average residential bill for the month was $151.51 on 942 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 2026 | Jul 2025 | Change | US, Jul 2026 |
|---|---|---|---|---|
| Residential | 16.09¢ | 15.80¢ | +1.8% | 18.31¢ |
| Commercial | 11.90¢ | 12.46¢ | -4.5% | 14.53¢ |
| Industrial | 4.16¢ | 5.74¢ | -27.5% | 9.77¢ |
| All sectors | 9.52¢ | 10.38¢ | -8.3% | 14.99¢ |
Sales and customers
| Measure | Jul 2026 | Jul 2025 | Change |
|---|---|---|---|
| Residential sales | 877.5 GWh | 821.9 GWh | +6.8% |
| Sales, all sectors | 3.3 TWh | 3.1 TWh | +7.5% |
| Residential customers | 931,598 | 920,688 | +1.2% |
| Average residential bill | $151.51 | $141.04 | +7.4% |
| Average residential use, kWh | 942 | 893 | +5.5% |
| US residential price | 18.31¢ | 17.45¢ | +4.9% |
The two years to July 2026
New Mexico residentialUS residential
Questions and answers
What was the average electricity price in New Mexico in July 2026?
16.09¢ per kilowatthour for residential customers, 11.90¢ for commercial and 4.16¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 15.80¢ in July 2025, a change of +1.8%. Residential sales changed by +6.8% over the same period.
What was the average residential bill that month?
$151.51, on average use of 942 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.