Maryland vs New Mexico Electricity Rates (2026)
New Mexico has 7.4% cheaper electricity than Maryland. New Mexico residents pay 15.34¢/kWh compared to 16.57¢/kWh in Maryland, saving about $45.00/month on average.
Maryland
16.57¢
per kWh
$145/mo
New Mexico
15.34¢
per kWh
$100/mo
Detailed Rate Comparison
| Metric | Maryland | New Mexico | National Avg |
|---|---|---|---|
| Residential Rate | 16.57¢/kWh | 15.34¢/kWh | 17.22¢/kWh |
| Commercial Rate | 12.84¢/kWh | 12.08¢/kWh | - |
| Industrial Rate | 10.03¢/kWh | 7.36¢/kWh | - |
| Avg Monthly Bill | $145 | $100 | $134 |
| Renewable Energy | 12.0% | 28.0% | ~22% |
| Primary Source | Nuclear | Natural Gas | - |
Appliance Running Costs: Maryland vs New Mexico
Monthly cost to run common household appliances in each state.
| Appliance | MD | NM | Savings |
|---|---|---|---|
| Air Purifier | $5.97 | $5.52 | NM saves $0.44 |
| Blender | $0.20 | $0.18 | NM saves $0.01 |
| CFL Bulb (13W) | $0.52 | $0.48 | NM saves $0.04 |
| Cable / Satellite Box | $4.18 | $3.87 | NM saves $0.31 |
| Ceiling Fan | $4.47 | $4.14 | NM saves $0.33 |
| Central Air Conditioner | $139.19 | $128.86 | NM saves $10.33 |
| Chest Freezer | $9.54 | $8.84 | NM saves $0.71 |
| Clothes Dryer (Electric) | $14.91 | $13.81 | NM saves $1.11 |
| Coffee Maker | $1.12 | $1.04 | NM saves $0.08 |
| Crypto Mining Rig | $178.96 | $165.67 | NM saves $13.28 |
| Dehumidifier | $17.90 | $16.57 | NM saves $1.33 |
| Desktop Computer | $7.95 | $7.36 | NM saves $0.59 |
| Dishwasher | $8.95 | $8.28 | NM saves $0.66 |
| Electric Baseboard Heater | $49.71 | $46.02 | NM saves $3.69 |
| Electric Fireplace | $27.84 | $25.77 | NM saves $2.07 |
Bottom Line: Maryland vs New Mexico
New Mexico is the more affordable state for electricity, with rates 7.4% lower than Maryland. An average household would save about $540.00/year by living in New Mexico.
Maryland gets its electricity primarily from Nuclear with 12.0% renewable, while New Mexico relies on Natural Gas with 28.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in Maryland or New Mexico?
Electricity is cheaper in New Mexico at 15.34¢/kWh compared to Maryland at 16.57¢/kWh. That's a 7.4% difference, saving about $45.00/month on an average residential bill.
What is the average electricity bill in Maryland vs New Mexico?
The average monthly electricity bill is $145 in Maryland and $100 in New Mexico. The national average is $134.
Which state uses more renewable energy, Maryland or New Mexico?
New Mexico has a higher renewable energy percentage at 28.0%, compared to 12.0% in Maryland.
What are the main energy sources in Maryland and New Mexico?
Maryland primarily uses Nuclear, while New Mexico relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)