New Mexico vs Tennessee Electricity Rates (2026)
Tennessee has 15.8% cheaper electricity than New Mexico. Tennessee residents pay 12.91¢/kWh compared to 15.34¢/kWh in New Mexico, saving about $42.00/month on average.
New Mexico
15.34¢
per kWh
$100/mo
Tennessee
12.91¢
per kWh
$142/mo
Detailed Rate Comparison
| Metric | New Mexico | Tennessee | National Avg |
|---|---|---|---|
| Residential Rate | 15.34¢/kWh | 12.91¢/kWh | 17.22¢/kWh |
| Commercial Rate | 12.08¢/kWh | 11.38¢/kWh | - |
| Industrial Rate | 7.36¢/kWh | 7.33¢/kWh | - |
| Avg Monthly Bill | $100 | $142 | $134 |
| Renewable Energy | 28.0% | 13.0% | ~22% |
| Primary Source | Natural Gas | Nuclear | - |
Appliance Running Costs: New Mexico vs Tennessee
Monthly cost to run common household appliances in each state.
| Appliance | NM | TN | Savings |
|---|---|---|---|
| Air Purifier | $5.52 | $4.65 | TN saves $0.87 |
| Blender | $0.18 | $0.15 | TN saves $0.03 |
| CFL Bulb (13W) | $0.48 | $0.40 | TN saves $0.08 |
| Cable / Satellite Box | $3.87 | $3.25 | TN saves $0.61 |
| Ceiling Fan | $4.14 | $3.49 | TN saves $0.66 |
| Central Air Conditioner | $128.86 | $108.44 | TN saves $20.41 |
| Chest Freezer | $8.84 | $7.44 | TN saves $1.40 |
| Clothes Dryer (Electric) | $13.81 | $11.62 | TN saves $2.19 |
| Coffee Maker | $1.04 | $0.87 | TN saves $0.16 |
| Crypto Mining Rig | $165.67 | $139.43 | TN saves $26.24 |
| Dehumidifier | $16.57 | $13.94 | TN saves $2.62 |
| Desktop Computer | $7.36 | $6.20 | TN saves $1.17 |
| Dishwasher | $8.28 | $6.97 | TN saves $1.31 |
| Electric Baseboard Heater | $46.02 | $38.73 | TN saves $7.29 |
| Electric Fireplace | $25.77 | $21.69 | TN saves $4.08 |
Bottom Line: New Mexico vs Tennessee
Tennessee is the more affordable state for electricity, with rates 15.8% lower than New Mexico. An average household would save about $504.00/year by living in Tennessee.
New Mexico gets its electricity primarily from Natural Gas with 28.0% renewable, while Tennessee relies on Nuclear with 13.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in New Mexico or Tennessee?
Electricity is cheaper in Tennessee at 12.91¢/kWh compared to New Mexico at 15.34¢/kWh. That's a 15.8% difference, saving about $42.00/month on an average residential bill.
What is the average electricity bill in New Mexico vs Tennessee?
The average monthly electricity bill is $100 in New Mexico and $142 in Tennessee. The national average is $134.
Which state uses more renewable energy, New Mexico or Tennessee?
New Mexico has a higher renewable energy percentage at 28.0%, compared to 13.0% in Tennessee.
What are the main energy sources in New Mexico and Tennessee?
New Mexico primarily uses Natural Gas, while Tennessee relies on Nuclear.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)