New Mexico has a regulated electricity market with PNM serving the Albuquerque metro area. The state has excellent solar and wind resources.
14-16¢/kWh
near the national average
· Source: EIA
Service Cities:
Compare New Mexico rates with all 50 states in our interactive data explorer.
Learn how we analyze your New Mexico utility bill for billing errors and overcharges.
See our verification plans for New Mexico residents starting at $4.99.
Quick rate comparison for New Mexico — see if your bill looks normal in 30 seconds.
See how New Mexico electricity rates stack up against neighboring states with side-by-side comparisons.
Common questions about electricity rates, utilities, and billing in New Mexico.