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Arizona vs New Mexico Electricity Rates

Data: EIA November 2025 | Updated March 2026

Compare Arizona and New Mexico rates. New Mexico pays 0.05¢/kWh less than Arizona. See per-kWh rates, average bills, and usage.

Rate Comparison

MetricArizonaNew MexicoNational Avg
Residential Rate15.66¢/kWh15.61¢/kWh17.24¢/kWh
Avg Monthly Bill$168.33$102.11$152.02
Monthly Usage1,075 kWh654 kWh-
Market Typeregulatedregulated-
Rate Rank (1=highest)#27#29-
YoY Change+15.1%+14.3%-

Key Findings

Frequently Asked Questions

Is electricity cheaper in Arizona or New Mexico?
New Mexico has lower residential electricity rates at 15.61¢/kWh compared to 15.66¢/kWh in Arizona, a difference of 0.05¢/kWh.
What is the average electric bill in Arizona vs New Mexico?
The average monthly electric bill is $168.33 in Arizona and $102.11 in New Mexico. The national average is $152.02.
Are Arizona and New Mexico electricity markets regulated?
Arizona has a regulated electricity market, while New Mexico has a regulated market. In deregulated markets, consumers can choose their electricity provider.
How can I verify my electricity bill in Arizona or New Mexico?
Upload your bill to Utility Check for an independent third-party verification. We check rate calculations, compare your plan to alternatives, and identify billing errors. Visit our How It Works page to learn more.

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