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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

MetricHawaiiNew MexicoNational Avg
Residential Rate43.18¢/kWh15.34¢/kWh17.22¢/kWh
Commercial Rate38.05¢/kWh12.08¢/kWh-
Industrial Rate33.12¢/kWh7.36¢/kWh-
Avg Monthly Bill$193$100$134
Renewable Energy18.0%28.0%~22%
Primary SourceSolarNatural Gas-

Appliance Running Costs: Hawaii vs New Mexico

Monthly cost to run common household appliances in each state.

ApplianceHINMSavings
Air Purifier$15.54$5.52NM saves $10.02
Blender$0.52$0.18NM saves $0.33
CFL Bulb (13W)$1.35$0.48NM saves $0.87
Cable / Satellite Box$10.88$3.87NM saves $7.02
Ceiling Fan$11.66$4.14NM saves $7.52
Central Air Conditioner$362.71$128.86NM saves $233.86
Chest Freezer$24.87$8.84NM saves $16.04
Clothes Dryer (Electric)$38.86$13.81NM saves $25.06
Coffee Maker$2.91$1.04NM saves $1.88
Crypto Mining Rig$466.34$165.67NM saves $300.67
Dehumidifier$46.63$16.57NM saves $30.07
Desktop Computer$20.73$7.36NM saves $13.36
Dishwasher$23.32$8.28NM saves $15.03
Electric Baseboard Heater$129.54$46.02NM saves $83.52
Electric Fireplace$72.54$25.77NM 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)