Compare New Mexico and Oklahoma rates. Oklahoma pays 2.27¢/kWh less than New Mexico. See per-kWh rates, average bills, and usage.
Rate Comparison
Metric
New Mexico
Oklahoma
National Avg
Residential Rate
15.61¢/kWh
13.34¢/kWh
17.24¢/kWh
Avg Monthly Bill
$102.11
$143.95
$152.02
Monthly Usage
654 kWh
1,079 kWh
-
Market Type
regulated
regulated
-
Rate Rank (1=highest)
#29
#43
-
YoY Change
+14.3%
+11.7%
-
Key Findings
Oklahoma has lower electricity rates at 13.34¢/kWh vs 15.61¢/kWh in New Mexico (17.0% difference).
Oklahoma residents pay about $42 less per month on average ($102.11 vs $143.95).
New Mexico is a regulated market while Oklahoma is regulated.
Both states have seen rate increases: New Mexico +14.3% and Oklahoma +11.7% year-over-year.
Frequently Asked Questions
Is electricity cheaper in New Mexico or Oklahoma?
Oklahoma has lower residential electricity rates at 13.34¢/kWh compared to 15.61¢/kWh in New Mexico, a difference of 2.27¢/kWh.
What is the average electric bill in New Mexico vs Oklahoma?
The average monthly electric bill is $102.11 in New Mexico and $143.95 in Oklahoma. The national average is $152.02.
Are New Mexico and Oklahoma electricity markets regulated?
New Mexico has a regulated electricity market, while Oklahoma has a regulated market. In deregulated markets, consumers can choose their electricity provider.
How can I verify my electricity bill in New Mexico or Oklahoma?
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.