NM · May 2026

New Mexico electricity cost calculator

Average residential electricity rate: 14.12¢/kWh — 23.4% below the U.S. average and #8 from lowest to highest among the 50 states in this snapshot.

Electricity cost calculator

What does it cost to run?

Power draw (watts)Hours per dayDays usedStateElectricity rate (¢/kWh)

Energy180.00 kWh

Cost for 30 days$25.42

Per day$0.85

Annualized$309.23

Uses the selected state's latest EIA residential average unless you enter your own utility rate. Taxes, fixed charges, tiers and time-of-use pricing are not included.

Common examples

What typical devices cost at New Mexico's average rate

Space heater1,500 W · 4 h/day · 30 days$25.42

Gaming PC500 W · 6 h/day · 30 days$12.71

Window AC900 W · 8 h/day · 30 days$30.50

Refrigerator150 W · 8 h/day · 30 days$5.08

Clothes dryer3,000 W · 0.75 h/day · 12 days$3.81

These are adjustable examples, not measured product data. Use the calculator above for your own device.

About this rate

This page uses the latest available EIA statewide residential average as a starting point. Your actual electricity price can be different because of your utility, plan, taxes, fixed charges, usage tiers, season and time-of-use pricing. For the best estimate, replace the rate in the calculator with the cents-per-kWh value from your own bill.