States › New Mexico › Central Valley Elec Coop, Inc
electric cooperative · EIA utility 3287
Central Valley Elec Coop, Inc
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. Annual figures: Form EIA-861 for 2024, final release. Monthly state figures run to July 2026.
Central Valley Elec Coop, Inc serves 6,150 residential customers in New Mexico as an electric cooperative, according to its 2024 Form EIA-861 filing, with a service territory that touches 4 counties.
Its average residential price that year was 8.91¢ per kilowatthour, 37% below the New Mexico average of 14.20¢ and 46% below the US average of 16.48¢. The figure is residential revenue divided by residential sales, so it folds in fixed charges, riders and every rate schedule the utility bills under.
That works out to an average residential bill of $104.75 a month on average use of 1,176 kWh a month. Across New Mexico the average bill was $92.88 on 654 kWh, so a bill gap reflects how much power households use as well as what each kilowatthour costs.
For reliability it reported a SAIDI of 352.5 minutes per customer with major event days included and 195.9 minutes with them excluded, calculated under IEEE 1366 standard. The median among New Mexico utilities reporting was 190.0 minutes with major event days; this utility's figure is 86% above that median.
The average price is up 10.5% on 2019, against up 13.5% for New Mexico as a whole, and down 4.4% on 2023.
Compared with New Mexico, the US and other electric cooperatives
| Measure, 2024 | This utility | Electric cooperatives, US median | New Mexico | United States |
|---|---|---|---|---|
| Average residential price per kWh | 8.91¢ | 13.74¢ | 14.20¢ | 16.48¢ |
| Average monthly residential bill | $104.75 | $149.95 | $92.88 | $142.26 |
| Average monthly use, kWh | 1,176 | 1,126 | 654 | 863 |
| Residential price change, 1 year | -4.4% | — | +2.5% | +3.0% |
| Residential price change, 5 years | +10.5% | — | +13.5% | +26.7% |
| SAIDI, all events (minutes) | 352.5 | 263.0 | 190.0 median | 184.5 median |
| SAIDI, without major event days | 195.9 | 147.0 | 162.8 median | 99.8 median |
State and US prices, bills and use are EIA's own averages over every customer. The ownership column and the reliability columns are medians across utilities with at least 1,000 residential customers, computed on this site from the final 2024 file. Among the 14 filings by electric cooperatives in New Mexico, the median price was 16.02¢. In New Mexico this utility's price ranks 19 of 19, counting from the highest.
Average price by year
Central Valley Elec Coop, IncNew Mexico averageUS average
Year by year
| Year | ¢ per kWh | New Mexico ¢ | Monthly bill | kWh a month | Residential customers | All sales |
|---|---|---|---|---|---|---|
| 2024 | 8.91¢ | 14.20¢ | $104.75 | 1,176 | 6,150 | 911.8 GWh |
| 2023 | 9.32¢ | 13.85¢ | $109.68 | 1,177 | 5,911 | 858.6 GWh |
| 2022 | 11.68¢ | 13.84¢ | $143.85 | 1,231 | 5,884 | 838.5 GWh |
| 2021 | 9.62¢ | 13.52¢ | $107.76 | 1,120 | 5,961 | 750.1 GWh |
| 2020 | 8.09¢ | 12.94¢ | $96.33 | 1,191 | 5,890 | 741.2 GWh |
| 2019 | 8.06¢ | 12.51¢ | $96.05 | 1,192 | 5,768 | 821.4 GWh |
| 2018 | 8.59¢ | 12.68¢ | $102.38 | 1,192 | 5,703 | 849.9 GWh |
| 2017 | 8.77¢ | 12.88¢ | $94.49 | 1,077 | 5,748 | 779.6 GWh |
| 2016 | 8.02¢ | 12.03¢ | $91.75 | 1,144 | 5,613 | 765.9 GWh |
| 2015 | 8.20¢ | 12.47¢ | $96.70 | 1,179 | 5,499 | 829.5 GWh |
| 2014 | 9.10¢ | 12.28¢ | $101.31 | 1,114 | 5,388 | 830.4 GWh |
| 2013 | 8.37¢ | 11.68¢ | $96.68 | 1,155 | 5,230 | 784.4 GWh |
Bundled residential service only in the price, bill and use columns. Bill = residential revenue ÷ customers ÷ 12; use = residential sales ÷ customers ÷ 12.
Month by month
Central Valley Elec Coop, IncNew Mexico average
Sales by sector, 2024
| Sector | Customers | Sales | Share of sales | Revenue | ¢ per kWh, bundled |
|---|---|---|---|---|---|
| Residential | 6,150 | 86.8 GWh | 10% | $7,730,900 | 8.91¢ |
| Commercial | 4,680 | 42.8 GWh | 5% | $5,713,900 | 13.35¢ |
| Industrial | 4,395 | 782.2 GWh | 86% | $56,364,100 | 7.21¢ |
Customers, sales and revenue count every service type the utility reported (bundled, energy-only and delivery-only). The price column uses bundled service alone, because part-bill revenue would understate it. Sources of energy: 956.7 GWh in total, of which 0% was its own net generation and 956.7 GWh was bought wholesale; summer peak demand 132 MW.
Reliability
Minutes of sustained interruption per customer in 2024, as the utility reported them under IEEE 1366 standard. SAIFI: 2.17 interruptions per customer with major event days, 1.46 without; CAIDI 162.8 minutes per interruption. EIA's New Mexico total across all reporting utilities was 278.8 minutes with major event days and 156.5 without. Major event days are storms and similar events that a utility's chosen method sets apart; methods differ, so treat comparisons as approximate. What SAIDI and SAIFI mean.
| Year | SAIDI, all events | SAIDI, no major events | SAIFI, all events | SAIFI, no major events | Method |
|---|---|---|---|---|---|
| 2024 | 352.5 | 195.9 | 2.17 | 1.46 | IEEE 1366 |
| 2023 | 324.7 | 260.9 | 2.53 | 2.11 | IEEE 1366 |
| 2022 | 406.2 | 236.8 | 2.27 | 1.77 | IEEE 1366 |
| 2021 | 528.1 | 344.7 | 2.91 | 2.26 | IEEE 1366 |
| 2020 | 244.8 | 181.5 | 1.93 | 1.69 | IEEE 1366 |
| 2019 | 621.5 | 335.7 | 3.18 | 2.08 | IEEE 1366 |
| 2018 | 287.8 | 136.8 | 2.30 | 1.19 | IEEE 1366 |
| 2017 | 85.7 | 85.7 | 1.09 | 1.09 | IEEE 1366 |
| 2016 | 103.3 | 103.3 | 0.94 | 0.94 | IEEE 1366 |
| 2015 | 50.9 | 50.9 | 0.48 | 0.48 | IEEE 1366 |
| 2014 | 66.6 | 66.6 | 0.34 | 0.34 | IEEE 1366 |
Counties in its service territory
Counties the utility listed on Form EIA-861 for 2024. Listing a county does not mean the utility serves all of it.
Other utilities in New Mexico
| Utility | Ownership | Residential customers | ¢ per kWh | Monthly bill | SAIDI, all events | SAIDI, no major events |
|---|---|---|---|---|---|---|
| Lea County Electric Coop, Inc | Cooperative | 9,206 | 10.01¢ | $116.78 | 189.8 | 189.8 |
| Roosevelt County Elec Coop Inc | Cooperative | 3,918 | 12.07¢ | $125.83 | — | — |
| Farmers Electric Coop, Inc | Cooperative | 10,258 | 12.87¢ | $107.23 | 190.0 | 190.0 |
| Springer Electric Coop, Inc | Cooperative | 2,453 | 19.01¢ | $96.96 | — | — |
| Otero County Electric Coop Inc | Cooperative | 16,448 | 17.65¢ | $101.33 | — | — |
| Central New Mexico El Coop, Inc | Cooperative | 19,126 | 17.16¢ | $100.42 | 624.7 | 305.4 |
| Continental Divide El Coop Inc | Cooperative | 20,415 | 16.02¢ | $97.93 | 299.5 | 209.0 |
| Southwestern Electric Coop Inc | Cooperative | 1,449 | 24.04¢ | $133.55 | — | — |
All New Mexico utilities · Electric cooperatives nationwide
Questions and answers
How much does electricity cost from Central Valley Elec Coop, Inc?
Residential customers paid an average of 8.91¢ per kilowatthour in 2024. EIA derives this by dividing residential revenue by residential sales; it is an average across all rate schedules and charges, not a tariff rate.
How does that compare with New Mexico?
The New Mexico average residential price in 2024 was 14.20¢ and the US average 16.48¢; Central Valley Elec Coop, Inc was 37% below the state figure. Among 19 utility filings with a bundled residential price in New Mexico, it had the 19th highest.
What is the average Central Valley Elec Coop, Inc bill?
$104.75 a month in 2024, on average residential use of 1,176 kWh a month (annual revenue and sales divided by customers and by twelve). The New Mexico average was $92.88 on 654 kWh.
How reliable is Central Valley Elec Coop, Inc service?
It reported 352.5 minutes of interruption per customer (SAIDI) including major event days and 195.9 minutes excluding them, with 2.17 interruptions per customer (SAIFI) in 2024. Utilities calculate these under differing methods, so comparisons are approximate.
Is the Central Valley Elec Coop, Inc price rising?
The average residential price was down 4.4% in 2024 compared with 2023 and up 10.5% compared with 2019.
Which counties does Central Valley Elec Coop, Inc serve?
Its Form EIA-861 service territory lists 4 counties: Chaves County, NM, Eddy County, NM, Lea County, NM and Otero County, NM. A county can appear in several utilities' territories.
Provenance
Source: U.S. Energy Information Administration. Annual figures are from Form EIA-861 (sales to ultimate customers, reliability, operational data and service territory files), final release for 2024, respondent "Central Valley Elec Coop, Inc", utility number 3287. Monthly utility figures are from the Form EIA-861M sample. State and US averages are from the Form EIA-861M sales and revenue workbook, published through July 2026. All are US government works in the public domain. Page built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. For tariffs and rate schedules, consult the utility or the state utility commission.