New Mexico Energy
Gas prices, electricity rates, utilities, power plants, heating costs and EV charging in New Mexico, from EIA, EPA and the Department of Energy.
- Regular gas, region
- $3.78/gal
- Week of 10/19/2026
- Home electricity
- 16.09¢/kWh
- July 2026
- Average electric bill
- $95/mo
- 2025
- EV charging stations
- 500
- 1,287 ports
Prices
- Gas prices$3.78/gal (Gulf Coast, PADD 3)
- Electricity rates16.09¢/kWh
- Natural gas$13.21/Mcf July 2026
Power plants
18.2 GW of operating capacity
- Wind8.1 GW 44.5%
- Natural gas3.7 GW 20.1%
- Solar3.3 GW 18.1%
- Coal1.6 GW 9.0%
- Battery storage1.4 GW 7.5%
- Hydroelectric81.5 MW 0.4%
- Petroleum27.0 MW 0.1%
- Geothermal19.2 MW 0.1%
- Biomass3.3 MW 0.0%
- Other1.1 MW 0.0%
Generated 39.3 TWh in 2023 with 45.0% from carbon-free sources. CO2 rate 770 lb/MWh. Solar, wind and batteries
Largest electric utilities
By customers, 2025
Swipe the table sideways to see more columns.
| Utility | Customers | Home price |
|---|---|---|
| Public Service Co of NMInvestor Owned | 556,585 | 16.35¢/kWh |
| Southwestern Public Service CoInvestor Owned | 128,335 | 12.86¢/kWh |
| El Paso Electric CoInvestor Owned | 110,178 | 10.34¢/kWh |
| City of Farmington - (NM)Municipal | 45,167 | 12.95¢/kWh |
| Jemez Mountains Elec Coop, IncCooperative | 31,792 | 15.76¢/kWh |
| Kit Carson Electric Coop, IncCooperative | 31,076 | 15.68¢/kWh |
| Continental Divide El Coop IncCooperative | 23,458 | 16.87¢/kWh |
| Central New Mexico El Coop, IncCooperative | 21,230 | 17.39¢/kWh |
| Otero County Electric Coop IncCooperative | 20,763 | 19.56¢/kWh |
| Central Valley Elec Coop, IncCooperative | 14,927 | 9.79¢/kWh |
EV charging by city
81 alternative fuel stations too
Energy by county
Utilities, power plants and charging stations in each county
- Bernalillo County
- Catron County
- Chaves County
- Cibola County
- Colfax County
- Curry County
- De Baca County
- Doña Ana County
- Eddy County
- Grant County
- Guadalupe County
- Harding County
- Hidalgo County
- Lea County
- Lincoln County
- Los Alamos County
- Luna County
- McKinley County
- Mora County
- Otero County
- Quay County
- Rio Arriba County
- Roosevelt County
- San Juan County
- San Miguel County
- Sandoval County
- Santa Fe County
- Sierra County
- Socorro County
- Taos County
- Torrance County
- Union County
- Valencia County
Frequently asked questions
- How much does electricity cost in New Mexico?
- Homes in New Mexico paid an average of 16.09¢/kWh per kilowatt-hour in July 2026, compared with the U.S. average of 18.31¢/kWh.
- What is the price of gas in New Mexico?
- EIA does not publish a weekly New Mexico average. The Gulf Coast (PADD 3) average was $3.78/gal the week of 10/19/2026.
- Where does New Mexico's electricity come from?
- In 2023, 45.0% of the electricity generated in New Mexico came from carbon-free sources (nuclear and renewables), and 45.0% from renewables alone.