Electricity Rates Comparison
Data from U.S. Energy Information Administration (EIA) · November 2025
| Metric | New Mexico | Texas | National Avg |
|---|---|---|---|
| Residential Rate (¢/kWh) | 15.61¢ | 16.04¢ | 17.24¢ |
| Commercial Rate (¢/kWh) | 10.78¢ | 9.03¢ | — |
| Industrial Rate (¢/kWh) | 5.13¢ | 6.67¢ | — |
| Avg Monthly Bill | $102.11 | $175.82 | $152.02 |
| Avg Monthly Usage (kWh) | 654 | 1,096 | — |
| Market Type | regulated | deregulated | — |
New Mexico has a lower residential electricity rate at 15.61¢/kWh compared to Texas's 16.04¢/kWh — a difference of 0.43¢/kWh (2.7%).
The average monthly electric bill in New Mexico is $102.11 (654 kWh/month), while in Texas it is $175.82 (1096 kWh/month). The national average is $152.02.
New Mexico has a regulated electricity market, while Texas has a deregulated market. In deregulated markets, consumers can choose their electricity supplier, which may offer more competitive rates.
The national average residential rate is 17.24¢/kWh. New Mexico is below the national average at 15.61¢/kWh, and Texas is below the national average at 16.04¢/kWh.
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