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

Electricity rates in 88020 — Animas, NM

Homes in ZIP 88020 pay about 16.9¢ per kWh (Public Service Co. of NM, Jan–Aug 2026). The New Mexico average is 16.5¢ and the U.S. average 18.2¢ (Aug 2026).

Avg. home price16.9¢per kWh
UtilityPublic Service Co. of NM
NM average16.5¢Aug 2026
U.S. average18.2¢Aug 2026
Avg. monthly bill$89574 kWh/month, 2024

What a month of electricity costs

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.

Where ZIP 88020 is

Outlined: ZIP code area · scroll or pinch to zoom

Utilities serving 88020

UtilityHome priceAvg. billCustomers in NM
Public Service Co. of NM
Investor Owned
16.9¢
Jan–Aug 2026
$89492,945

Utilities are matched to this ZIP code by NREL’s ZIP–utility table and the EIA service-territory list for Hidalgo 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¢21¢20222023202420252026New Mexico averageU.S. averagePublic Service Co. of NM 11¢13¢15¢17¢19¢21¢20222023202420252026New Mexico averageU.S. averagePublic Service Co. of NM
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.

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 88020

How much does electricity cost in 88020?

About 16.9¢ per kWh for homes (Public Service Co. of NM, Jan–Aug 2026, EIA). At 900 kWh a month that is roughly $152.

Who is the electric utility for 88020?

Public Service Co. of NM, with about 492,945 residential customers in New Mexico.

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¢.