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

Electricity rates in 87551 — Los Ojos, NM

Homes in ZIP 87551 pay about 13.2¢ per kWh (City of Farmington (NM), Jan–Aug 2026). The New Mexico average is 16.5¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price13.2¢per kWh
Largest utility in countyCity of Farmington (NM)
NM average16.5¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$83652 kWh/month, 2024

What a month of electricity costs

500 kWh / month$66
650 kWh / month · avg. use$86
900 kWh / month$119
1,200 kWh / month$158

Monthly cost at the average price of 13.2¢ per kWh. Real bills add or subtract fixed charges, tiers, time-of-use and fuel adjustments.

Where ZIP 87551 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving Rio Arriba County

UtilityHome priceAvg. billCustomers in NM
City of Farmington (NM)
Municipal · serves Rio Arriba County
13.2¢
Jan–Aug 2026
$8335,990
Jemez Mountains Elec Coop, Inc.
Cooperative · serves Rio Arriba County
15.4¢
2024
$8928,093
Kit Carson Electric Coop, Inc.
Cooperative · serves Rio Arriba County
18.2¢
2024
$9026,097
Northern Rio Arriba E Coop Inc.
Cooperative · serves Rio Arriba County
18.9¢
2024
$1303,255

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Rio Arriba 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. averageCity of Farmington (NM) 11¢13¢15¢17¢19¢20222023202420252026New Mexico averageU.S. averageCity of Farmington (NM)
New Mexico averageU.S. averageCity of Farmington (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.

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 87551

How much does electricity cost in 87551?

About 13.2¢ per kWh for homes (City of Farmington (NM), Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $119.

Who is the electric utility for 87551?

City of Farmington (NM) serves Rio Arriba County (EIA service territory), with about 35,990 residential customers in New Mexico; 3 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¢.