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Alaska vs New Mexico Electricity Rates (2026)

New Mexico has 36.6% cheaper electricity than Alaska. New Mexico residents pay 15.34¢/kWh compared to 24.21¢/kWh in Alaska, saving about $33.00/month on average.

Alaska

24.21¢

per kWh

$133/mo

New Mexico

15.34¢

per kWh

$100/mo

Detailed Rate Comparison

MetricAlaskaNew MexicoNational Avg
Residential Rate24.21¢/kWh15.34¢/kWh17.22¢/kWh
Commercial Rate20.15¢/kWh12.08¢/kWh-
Industrial Rate19.82¢/kWh7.36¢/kWh-
Avg Monthly Bill$133$100$134
Renewable Energy28.0%28.0%~22%
Primary SourceNatural GasNatural Gas-

Appliance Running Costs: Alaska vs New Mexico

Monthly cost to run common household appliances in each state.

ApplianceAKNMSavings
Air Purifier$8.72$5.52NM saves $3.19
Blender$0.29$0.18NM saves $0.11
CFL Bulb (13W)$0.76$0.48NM saves $0.28
Cable / Satellite Box$6.10$3.87NM saves $2.24
Ceiling Fan$6.54$4.14NM saves $2.39
Central Air Conditioner$203.36$128.86NM saves $74.51
Chest Freezer$13.94$8.84NM saves $5.11
Clothes Dryer (Electric)$21.79$13.81NM saves $7.98
Coffee Maker$1.63$1.04NM saves $0.60
Crypto Mining Rig$261.47$165.67NM saves $95.80
Dehumidifier$26.15$16.57NM saves $9.58
Desktop Computer$11.62$7.36NM saves $4.26
Dishwasher$13.07$8.28NM saves $4.79
Electric Baseboard Heater$72.63$46.02NM saves $26.61
Electric Fireplace$40.67$25.77NM saves $14.90

Bottom Line: Alaska vs New Mexico

New Mexico is the more affordable state for electricity, with rates 36.6% lower than Alaska. An average household would save about $396.00/year by living in New Mexico.

Alaska gets its electricity primarily from Natural Gas with 28.0% renewable, while New Mexico relies on Natural Gas with 28.0% renewable.

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Frequently Asked Questions

Is electricity cheaper in Alaska or New Mexico?

Electricity is cheaper in New Mexico at 15.34¢/kWh compared to Alaska at 24.21¢/kWh. That's a 36.6% difference, saving about $33.00/month on an average residential bill.

What is the average electricity bill in Alaska vs New Mexico?

The average monthly electricity bill is $133 in Alaska and $100 in New Mexico. The national average is $134.

Which state uses more renewable energy, Alaska or New Mexico?

New Mexico has a higher renewable energy percentage at 28.0%, compared to 28.0% in Alaska.

What are the main energy sources in Alaska and New Mexico?

Alaska primarily uses Natural Gas, while New Mexico relies on Natural Gas.

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)