Montana vs New Mexico Electricity Rates (2026)
Montana has 16.5% cheaper electricity than New Mexico. Montana residents pay 12.81¢/kWh compared to 15.34¢/kWh in New Mexico, saving about $7.00/month on average.
Montana
12.81¢
per kWh
$107/mo
New Mexico
15.34¢
per kWh
$100/mo
Detailed Rate Comparison
| Metric | Montana | New Mexico | National Avg |
|---|---|---|---|
| Residential Rate | 12.81¢/kWh | 15.34¢/kWh | 17.22¢/kWh |
| Commercial Rate | 10.92¢/kWh | 12.08¢/kWh | - |
| Industrial Rate | 6.35¢/kWh | 7.36¢/kWh | - |
| Avg Monthly Bill | $107 | $100 | $134 |
| Renewable Energy | 48.0% | 28.0% | ~22% |
| Primary Source | Hydroelectric | Natural Gas | - |
Appliance Running Costs: Montana vs New Mexico
Monthly cost to run common household appliances in each state.
| Appliance | MT | NM | Savings |
|---|---|---|---|
| Air Purifier | $4.61 | $5.52 | MT saves $0.91 |
| Blender | $0.15 | $0.18 | MT saves $0.03 |
| CFL Bulb (13W) | $0.40 | $0.48 | MT saves $0.08 |
| Cable / Satellite Box | $3.23 | $3.87 | MT saves $0.64 |
| Ceiling Fan | $3.46 | $4.14 | MT saves $0.68 |
| Central Air Conditioner | $107.60 | $128.86 | MT saves $21.25 |
| Chest Freezer | $7.38 | $8.84 | MT saves $1.46 |
| Clothes Dryer (Electric) | $11.53 | $13.81 | MT saves $2.28 |
| Coffee Maker | $0.86 | $1.04 | MT saves $0.17 |
| Crypto Mining Rig | $138.35 | $165.67 | MT saves $27.32 |
| Dehumidifier | $13.83 | $16.57 | MT saves $2.73 |
| Desktop Computer | $6.15 | $7.36 | MT saves $1.21 |
| Dishwasher | $6.92 | $8.28 | MT saves $1.37 |
| Electric Baseboard Heater | $38.43 | $46.02 | MT saves $7.59 |
| Electric Fireplace | $21.52 | $25.77 | MT saves $4.25 |
Bottom Line: Montana vs New Mexico
Montana is the more affordable state for electricity, with rates 16.5% lower than New Mexico. An average household would save about $84.00/year by living in Montana.
Montana gets its electricity primarily from Hydroelectric with 48.0% renewable, while New Mexico relies on Natural Gas with 28.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in Montana or New Mexico?
Electricity is cheaper in Montana at 12.81¢/kWh compared to New Mexico at 15.34¢/kWh. That's a 16.5% difference, saving about $7.00/month on an average residential bill.
What is the average electricity bill in Montana vs New Mexico?
The average monthly electricity bill is $107 in Montana and $100 in New Mexico. The national average is $134.
Which state uses more renewable energy, Montana or New Mexico?
Montana has a higher renewable energy percentage at 48.0%, compared to 28.0% in New Mexico.
What are the main energy sources in Montana and New Mexico?
Montana primarily uses Hydroelectric, while New Mexico relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)