Public Service Co. of NM electricity rates

Public Service Co. of NM (investor owned) residential customers paid about 16.9¢ per kWh (Jan–Aug 2026) — an average bill of $89 for 574 kWh a month.

What a month costs with Public Service Co. of NM

500 kWh / month$85

900 kWh / month$152

1,200 kWh / month$203

Monthly cost at the average price of 16.9¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Price trend

Home priceAvg. billMonthly useBusiness rates

1Y3Y5YAll

New Mexico averageU.S. averagePublic Service Co. of NM

Aug 202616.5¢per kWh

vs. 1 year ago+3.3%16.0¢

vs. 5 years ago+14.5%14.4¢

Record high16.5¢Aug 2026

Avg. home bill$162983 kWh, Aug

EIA forecast, Mountain14.7¢Dec 2027

Hover or tap the chart for exact monthly values. Source: EIA-861M (monthly, latest months preliminary); forecast: EIA Short-Term Energy Outlook (October 2026) for the Mountain region, which includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, Wyoming.

ZIP codes served

87001Algodones87002Belen87004Bernalillo87005Bluewater87006Bosque87007Casa Blanca87008Cedar Crest87010Cerrillos87011Claunch87013Cuba87014Cubero87015Edgewood87016Estancia87018Counselor87020Grants87021Milan87022Isleta87023Jarales87024Jemez Pueblo87025Jemez Springs87026Laguna87027La Jara87028La Joya87031Los Lunas87032Mcintosh87034Pueblo Of Acoma87035Moriarty87036Mountainair87037Nageezi87038New Laguna87040Paguate87041Pena Blanca87042Peralta87043Placitas87044Ponderosa87045Prewitt87047Sandia Park87048Corrales87049San Fidel87051San Rafael87052Santo Domingo Pueblo87053San Ysidro87056Stanley87059Tijeras87060Tome87061Torreon87062Veguita87063Willard87068Bosque Farms87070Clines Corners87072Cochiti Pueblo87083Cochiti Lake87101Albuquerque87102Albuquerque87103Albuquerque87104Albuquerque87105Albuquerque87106Albuquerque87107Albuquerque87108Albuquerque87109Albuquerque87110Albuquerque87111Albuquerque87112Albuquerque87113Albuquerque87114Albuquerque87116Albuquerque87117Kirtland Afb87119Albuquerque87120Albuquerque87121Albuquerque87122Albuquerque87123Albuquerque87124Rio Rancho87125Albuquerque87144Rio Rancho87151Albuquerque87153Albuquerque87154Albuquerque87158Albuquerque87176Albuquerque87181Albuquerque87184Albuquerque87185Albuquerque87187Albuquerque87190Albuquerque87191Albuquerque87192Albuquerque87193Albuquerque87194Albuquerque87195Albuquerque87196Albuquerque87197Albuquerque87198Albuquerque87199Albuquerque87301Gallup87302Gallup87305Gallup87310Brimhall87311Church Rock87312Continental Divide87313Crownpoint87315Fence Lake87316Fort Wingate87317Gamerco87319Mentmore87320Mexican Springs87321Ramah87322Rehoboth87323Thoreau87325Tohatchi87326Vanderwagen87327Zuni87347Jamestown87357Pinehill87364Sheep Springs87365Smith Lake87375Yatahey87401Farmington87402Farmington87410Aztec87413Bloomfield87415Flora Vista87416Fruitland87417Kirtland87418La Plata87419Navajo Dam87420Shiprock87421Waterflow87455Newcomb87461Sanostee87499Farmington87501Santa Fe87502Santa Fe87503Santa Fe87504Santa Fe87505Santa Fe87506Santa Fe87507Santa Fe87508Santa Fe87509Santa Fe87522Chimayo87535Glorieta87538Ilfeld87540Lamy87544Los Alamos87552Pecos87560Ribera87562Rowe87565San Jose

and 99 more.

Averages, not a quote. Prices here are what each utility’s residential customers paid on average (revenue ÷ kWh sold, fixed charges included), as reported to the U.S. Energy Information Administration. Your own rate depends on your plan, season and usage — check your bill or your utility’s tariff.

Questions

What is Public Service Co. of NM’s electricity rate?

About 16.9¢ per kWh for residential customers (Jan–Aug 2026 average, EIA-861M), including fixed charges spread over usage.

What is the average Public Service Co. of NM electric bill?

$89 a month in 2024, for an average of 574 kWh (EIA-861).

Is Public Service Co. of NM cheaper than the New Mexico average?

No: 16.9¢ versus the New Mexico average of 16.5¢ (Aug 2026).