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NM · ranked #28 in the US

New Mexico residential rate: 14.8¢/kWh

That's 10% lower than the US average of 16.5¢/kWh. Energy Transition Act is pushing PNM to 100% carbon-free by 2045; summer cooling still defines the annual peak.

Estimated cost

$49.95/month
$1.67 per day$607.73 per year337.5 kWh monthly
W

A space heater draws full power only while the thermostat/compressor is running — about 7.5 effective hours at 1500W across your 10-hour window.

At your rate

What appliances cost in New Mexico.

Typical monthly running cost at 14.8¢/kWh, sorted by biggest impact on your bill.

ApplianceWattsMonthlyYearly
Electric Furnace20000W$284.16$3,457.28
Central Air Conditioner3500W$152.29$1,852.89
EV Charger Level 2 (240V)7200W$95.90$1,166.83
Electric Pool Heater/Heat Pump5000W$93.24$1,134.42
Heat Pump (Air-Source)2500W$73.26$891.33
EV Charger Level 1 (120V)1400W$62.16$756.28
Single-Speed Pool Pump1500W$53.28$648.24
Space Heater1500W$49.95$607.73
Infrared Heater1500W$39.96$486.18
Oil-Filled Radiator1500W$39.96$486.18
Electric Baseboard Heater1500W$36.63$445.67
Crawlspace Dehumidifier600W$33.57$408.39
Portable Air Conditioner1100W$25.40$308.99
Ductless Mini-Split900W$23.98$291.71
Window Air Conditioner900W$19.18$233.37
Ceramic Heater1500W$18.65$226.88
Dehumidifier500W$18.65$226.88
Gas Furnace (Electric Blower)600W$13.32$162.06
Electric Clothes Dryer3000W$13.32$162.06
Electric Water Heater (Tank)4500W$11.99$145.85
Compact (240V) Dryer2400W$10.66$129.65
Pond / Fountain Pump100W$10.66$129.65
Variable-Speed Pool Pump500W$8.88$108.04
Heated Drying Rack200W$7.10$86.43
Desktop PC (Office/Home)150W$5.99$72.93
Gaming PC (High-End)450W$5.99$72.93
Boiler (Circulator Pump + Controls)200W$5.33$64.82
Dishwasher1200W$5.33$64.82
Heat Pump Dryer800W$5.33$64.82
Indoor Grow Light (LED)100W$5.33$64.82
Refrigerator150W$5.27$64.18
Upright Freezer130W$4.85$58.99
Attic Fan300W$4.80$58.34
Whole-House Fan450W$4.80$58.34
Hot Water Recirculating Pump45W$4.80$58.34
Air Purifier40W$4.26$51.86
Electric Range/Stove2500W$4.16$50.64
Induction Cooktop1800W$4.00$48.62
Tankless Electric Water Heater18000W$4.00$48.62
Attic Exhaust Fan (Passive-Intake)300W$4.00$48.62
Deep Fryer1700W$3.77$45.92
Heat Pump Water Heater550W$3.66$44.57
Box Fan100W$3.55$43.22
Slow Cooker / Crock-Pot200W$3.55$43.22
Home Theater Projector250W$3.33$40.52
Hot Tub / Spa1500W$3.33$40.52
Chest Freezer100W$3.20$38.89
Cable/Satellite Box (DVR)30W$3.20$38.89
NAS (Network-Attached Storage)30W$3.20$38.89
Mini Fridge85W$3.17$38.57
OLED TV (65-inch)170W$3.02$36.73
Wine Cooler90W$2.88$35.00
PlayStation 5200W$2.66$32.41
Treadmill750W$2.50$30.39
Electric Leaf Blower1100W$2.44$29.71
Electric Hot Plate1200W$2.40$29.17
OLED TV (55-inch)130W$2.31$28.09
Microwave Oven1000W$2.22$27.01
Incandescent Bulb (100W)100W$2.22$27.01
Sous Vide Cooker800W$2.13$25.93
Countertop Ice Maker150W$2.13$25.93
Xbox Series X/S160W$2.13$25.93
LED TV (65-inch)115W$2.04$24.85
Laptop50W$2.00$24.31
32-inch Monitor45W$1.80$21.88
Electric Blanket100W$1.78$21.61
Instant Pot / Electric Pressure Cooker1000W$1.78$21.61
Gas Clothes Dryer (Electric Blower)400W$1.78$21.61
Electric Griddle1500W$1.67$20.26
Electric Wok1500W$1.67$20.26
Ceiling Fan60W$1.60$19.45
UPS (Uninterruptible Power Supply)15W$1.60$19.45
Landscape / Path Lights60W$1.60$19.45
Air Fryer1500W$1.50$18.23
Humidifier50W$1.42$17.29
LED TV (55-inch)80W$1.42$17.29
Tower Fan50W$1.33$16.21
A/V Receiver100W$1.33$16.21
Home Theater in a Box100W$1.33$16.21
Incandescent Bulb (60W)60W$1.33$16.21
Elliptical Trainer400W$1.33$16.21
Waffle Iron1100W$1.22$14.86
27-inch Monitor30W$1.20$14.59
Hair Dryer1800W$1.20$14.59
Washing Machine (Top Load)500W$1.11$13.51
Toaster Oven1400W$1.09$13.23
Powered Bookshelf Speakers40W$1.07$12.96
Holiday String Lights (Incandescent)40W$1.07$12.96
Aquarium Light30W$1.07$12.96
Wi-Fi Router10W$1.07$12.96
Cable/DSL Modem10W$1.07$12.96
Electric Lawn Mower1500W$1.00$12.15
Chandelier (Multi-Bulb Fixture)72W$0.96$11.67
Desk Fan25W$0.89$10.80
Yogurt Maker25W$0.89$10.80
Halogen Bulb50W$0.89$10.80
Smart Display (Echo Show / Nest Hub)8W$0.85$10.37
External Hard Drive8W$0.85$10.37
Mesh Wi-Fi Node (per node)8W$0.85$10.37
Security System Panel8W$0.85$10.37
Indoor Electric Grill1500W$0.80$9.72
Powered Subwoofer60W$0.80$9.72
Washing Machine (Front Load)350W$0.78$9.45
Electric Kettle1500W$0.67$8.10
Central Vacuum System1500W$0.67$8.10
3D Printer (FDM)120W$0.64$7.78
Outdoor Porch/Wall Light12W$0.64$7.78
Rice Cooker500W$0.62$7.56
Bread Machine550W$0.61$7.43
Fluorescent Tube (4-ft T8)32W$0.57$6.91
Gas Range (Electric Ignition)400W$0.53$6.48
Soundbar30W$0.53$6.48
Security Camera (Wired)5W$0.53$6.48
Ethernet Switch (8-port)5W$0.53$6.48
Electric Shaver (Charging)5W$0.53$6.48
Smart Speaker (Echo / HomePod)4W$0.43$5.19
Video Doorbell4W$0.43$5.19
Sprinkler Controller4W$0.43$5.19
Toaster850W$0.38$4.59
LED Garage/Shop Light40W$0.36$4.32
Range Hood150W$0.33$4.05
Smart Thermostat3W$0.32$3.89
Clothes Iron1200W$0.32$3.89
Recessed Can Light12W$0.32$3.89
Doorbell Transformer3W$0.32$3.89
Food Processor700W$0.31$3.78
Drip Coffee Maker900W$0.30$3.65
Electric Pressure Washer1600W$0.28$3.46
Popcorn Maker1200W$0.27$3.24
LED Bulb (12W, 75W equivalent)12W$0.27$3.24
LED Light Strip (5m)15W$0.27$3.24
Electric String Trimmer600W$0.27$3.24
Well Pump1100W$0.24$2.97
Espresso Machine1350W$0.24$2.92
Exercise Bike / Peloton100W$0.22$2.70
Electric Toothbrush Charger2W$0.21$2.59
LED Bulb (9W, 60W equivalent)9W$0.20$2.43
Smart LED Bulb9W$0.20$2.43
Floor Lamp15W$0.20$2.43
Clothes Steamer1500W$0.17$2.03
Nintendo Switch18W$0.16$1.94
Stand Mixer325W$0.14$1.76
Blu-ray Player15W$0.13$1.62
VR Headset (Charging + Play)15W$0.13$1.62
Security Flood Light30W$0.13$1.62
Holiday String Lights (LED)5W$0.13$1.62
CFL Bulb (13W, 60W equivalent)13W$0.12$1.40
Heated Mattress Pad120W$0.11$1.30
Ventless Gas Heater (Electric Ignition)15W$0.11$1.30
Motion Sensor Light Switch1W$0.11$1.30
Juicer400W$0.09$1.08
Blender600W$0.08$0.97
Tablet Charger15W$0.08$0.97
Streaming Device (Roku/Fire TV/Apple TV)4W$0.07$0.86
Phone Charger5W$0.07$0.86
Soldering Iron/Station60W$0.07$0.81
Curling Iron / Flat Iron75W$0.07$0.81
Paper Shredder250W$0.06$0.68
Garbage Disposal550W$0.05$0.59
Hand Mixer200W$0.04$0.54
Record Player / Turntable10W$0.04$0.54
Table Lamp10W$0.04$0.54
Sump Pump800W$0.04$0.43
Immersion Blender250W$0.03$0.41
Laser Printer500W$0.02$0.27
Rowing Machine8W$0.02$0.22
Inkjet Printer15W$0.01$0.08
Electric Can Opener70W$0.00$0.04
Flatbed/Document Scanner25W$0.00$0.03
Garage Door Opener350W$0.00$0.00

Utilities serving New Mexico

  • Public Service Company of New Mexico (PNM)
  • El Paso Electric
  • Xcel Energy (Southwestern Public Service)

Deregulation status

none

In New Mexico your utility is both the supplier and the deliverer. No supplier shopping, but regulated rates tend to be more stable.

Sources: www.eia.gov · www.prc.nm.gov

Last updated: 2026-04-13