New Mexico vs North Carolina Electricity Rates (2026)
North Carolina has 8.1% cheaper electricity than New Mexico. North Carolina residents pay 14.09¢/kWh compared to 15.34¢/kWh in New Mexico, saving about $39.00/month on average.
New Mexico
15.34¢
per kWh
$100/mo
North Carolina
14.09¢
per kWh
$139/mo
Detailed Rate Comparison
| Metric | New Mexico | North Carolina | National Avg |
|---|---|---|---|
| Residential Rate | 15.34¢/kWh | 14.09¢/kWh | 17.22¢/kWh |
| Commercial Rate | 12.08¢/kWh | 10.35¢/kWh | - |
| Industrial Rate | 7.36¢/kWh | 7.22¢/kWh | - |
| Avg Monthly Bill | $100 | $139 | $134 |
| Renewable Energy | 28.0% | 13.0% | ~22% |
| Primary Source | Natural Gas | Nuclear | - |
Appliance Running Costs: New Mexico vs North Carolina
Monthly cost to run common household appliances in each state.
| Appliance | NM | NC | Savings |
|---|---|---|---|
| Air Purifier | $5.52 | $5.07 | NC saves $0.45 |
| Blender | $0.18 | $0.17 | NC saves $0.02 |
| CFL Bulb (13W) | $0.48 | $0.44 | NC saves $0.04 |
| Cable / Satellite Box | $3.87 | $3.55 | NC saves $0.32 |
| Ceiling Fan | $4.14 | $3.80 | NC saves $0.34 |
| Central Air Conditioner | $128.86 | $118.36 | NC saves $10.50 |
| Chest Freezer | $8.84 | $8.12 | NC saves $0.72 |
| Clothes Dryer (Electric) | $13.81 | $12.68 | NC saves $1.13 |
| Coffee Maker | $1.04 | $0.95 | NC saves $0.08 |
| Crypto Mining Rig | $165.67 | $152.17 | NC saves $13.50 |
| Dehumidifier | $16.57 | $15.22 | NC saves $1.35 |
| Desktop Computer | $7.36 | $6.76 | NC saves $0.60 |
| Dishwasher | $8.28 | $7.61 | NC saves $0.67 |
| Electric Baseboard Heater | $46.02 | $42.27 | NC saves $3.75 |
| Electric Fireplace | $25.77 | $23.67 | NC saves $2.10 |
Bottom Line: New Mexico vs North Carolina
North Carolina is the more affordable state for electricity, with rates 8.1% lower than New Mexico. An average household would save about $468.00/year by living in North Carolina.
New Mexico gets its electricity primarily from Natural Gas with 28.0% renewable, while North Carolina relies on Nuclear with 13.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in New Mexico or North Carolina?
Electricity is cheaper in North Carolina at 14.09¢/kWh compared to New Mexico at 15.34¢/kWh. That's a 8.1% difference, saving about $39.00/month on an average residential bill.
What is the average electricity bill in New Mexico vs North Carolina?
The average monthly electricity bill is $100 in New Mexico and $139 in North Carolina. The national average is $134.
Which state uses more renewable energy, New Mexico or North Carolina?
New Mexico has a higher renewable energy percentage at 28.0%, compared to 13.0% in North Carolina.
What are the main energy sources in New Mexico and North Carolina?
New Mexico primarily uses Natural Gas, while North Carolina relies on Nuclear.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)