EIA data through August 2026 · updated 2026-10-29

Electricity rates in 87018 — Counselor, NM

Homes in ZIP 87018 pay about 15.4¢ per kWh (Jemez Mountains Elec Coop, Inc., 2024 average). The New Mexico average is 16.5¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price15.4¢per kWh
UtilityJemez Mountains Elec Coop, Inc.
NM average16.5¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$89581 kWh/month, 2024

What a month of electricity costs

500 kWh / month$77
900 kWh / month$138
1,200 kWh / month$184

Monthly cost at the average price of 15.4¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 87018 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 87018

UtilityHome priceAvg. billCustomers in NM
Jemez Mountains Elec Coop, Inc.
Cooperative
15.4¢
2024
$8928,093
Navajo Tribal Utility Authority
State
18.0¢
Jan–Aug 2026
$859,834
Public Service Co. of NM
Investor Owned · serves Sandoval County
16.9¢
Jan–Aug 2026
$89492,945
Continental Divide El Coop Inc.
Cooperative · serves Sandoval County
16.0¢
2024
$9820,415
Central New Mexico El Coop, Inc.
Cooperative · serves Sandoval County
17.2¢
2024
$10019,126

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Sandoval County; county matches may serve only part of the area. Prices are each utility’s average residential revenue per kWh.

New Mexico price trend

11¢13¢15¢17¢19¢20222023202420252026New Mexico averageU.S. average 11¢13¢15¢17¢19¢20222023202420252026New Mexico averageU.S. average
New Mexico averageU.S. average
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.

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 about 87018

How much does electricity cost in 87018?

About 15.4¢ per kWh for homes (Jemez Mountains Elec Coop, Inc., 2024 average, EIA). At 900 kWh a month that is roughly $138.

Who is the electric utility for 87018?

Jemez Mountains Elec Coop, Inc., with about 28,093 residential customers in New Mexico; 4 other utilities also serve parts of the area.

Is electricity in NM getting more expensive?

The New Mexico residential average was 16.5¢ per kWh in August 2026, up 3.3% from a year earlier; the U.S. average was 18.2¢.