Hawaii vs New Mexico Electricity Rates (2026)
New Mexico has 64.5% cheaper electricity than Hawaii. New Mexico residents pay 15.34¢/kWh compared to 43.18¢/kWh in Hawaii, saving about $93.00/month on average.
Hawaii
43.18¢
per kWh
$193/mo
New Mexico
15.34¢
per kWh
$100/mo
Detailed Rate Comparison
| Metric | Hawaii | New Mexico | National Avg |
|---|---|---|---|
| Residential Rate | 43.18¢/kWh | 15.34¢/kWh | 17.22¢/kWh |
| Commercial Rate | 38.05¢/kWh | 12.08¢/kWh | - |
| Industrial Rate | 33.12¢/kWh | 7.36¢/kWh | - |
| Avg Monthly Bill | $193 | $100 | $134 |
| Renewable Energy | 18.0% | 28.0% | ~22% |
| Primary Source | Solar | Natural Gas | - |
Appliance Running Costs: Hawaii vs New Mexico
Monthly cost to run common household appliances in each state.
| Appliance | HI | NM | Savings |
|---|---|---|---|
| Air Purifier | $15.54 | $5.52 | NM saves $10.02 |
| Blender | $0.52 | $0.18 | NM saves $0.33 |
| CFL Bulb (13W) | $1.35 | $0.48 | NM saves $0.87 |
| Cable / Satellite Box | $10.88 | $3.87 | NM saves $7.02 |
| Ceiling Fan | $11.66 | $4.14 | NM saves $7.52 |
| Central Air Conditioner | $362.71 | $128.86 | NM saves $233.86 |
| Chest Freezer | $24.87 | $8.84 | NM saves $16.04 |
| Clothes Dryer (Electric) | $38.86 | $13.81 | NM saves $25.06 |
| Coffee Maker | $2.91 | $1.04 | NM saves $1.88 |
| Crypto Mining Rig | $466.34 | $165.67 | NM saves $300.67 |
| Dehumidifier | $46.63 | $16.57 | NM saves $30.07 |
| Desktop Computer | $20.73 | $7.36 | NM saves $13.36 |
| Dishwasher | $23.32 | $8.28 | NM saves $15.03 |
| Electric Baseboard Heater | $129.54 | $46.02 | NM saves $83.52 |
| Electric Fireplace | $72.54 | $25.77 | NM saves $46.77 |
Bottom Line: Hawaii vs New Mexico
New Mexico is the more affordable state for electricity, with rates 64.5% lower than Hawaii. An average household would save about $1,116.00/year by living in New Mexico.
Hawaii gets its electricity primarily from Solar with 18.0% renewable, while New Mexico relies on Natural Gas with 28.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in Hawaii or New Mexico?
Electricity is cheaper in New Mexico at 15.34¢/kWh compared to Hawaii at 43.18¢/kWh. That's a 64.5% difference, saving about $93.00/month on an average residential bill.
What is the average electricity bill in Hawaii vs New Mexico?
The average monthly electricity bill is $193 in Hawaii and $100 in New Mexico. The national average is $134.
Which state uses more renewable energy, Hawaii or New Mexico?
New Mexico has a higher renewable energy percentage at 28.0%, compared to 18.0% in Hawaii.
What are the main energy sources in Hawaii and New Mexico?
Hawaii primarily uses Solar, while New Mexico relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)