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

Electricity rates in 87732 — Mora, NM

Homes in ZIP 87732 pay about 15.4¢ per kWh (Mora-San Miguel Elec Coop, 2024 average). The New Mexico average is 16.5¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price15.4¢per kWh
Largest utility in countyMora-San Miguel Elec Coop
NM average16.5¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$96625 kWh/month, 2024

What a month of electricity costs

500 kWh / month$77
650 kWh / month · avg. use$100
900 kWh / month$139
1,200 kWh / month$185

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 87732 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving Mora County

UtilityHome priceAvg. billCustomers in NM
Mora-San Miguel Elec Coop
Cooperative · serves Mora County
15.4¢
2024
$9611,389
Springer Electric Coop, Inc.
Cooperative · serves Mora County
19.0¢
2024
$972,453

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Mora 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 87732

How much does electricity cost in 87732?

About 15.4¢ per kWh for homes (Mora-San Miguel Elec Coop, 2024 average, EIA). At 900 kWh a month that is roughly $139.

Who is the electric utility for 87732?

Mora-San Miguel Elec Coop serves Mora County (EIA service territory), with about 11,389 residential customers in New Mexico; 1 other utility also serves 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¢.