New Mexico vs Texas Electricity Rates (2026)
Texas has 1.8% cheaper electricity than New Mexico. Texas residents pay 15.06¢/kWh compared to 15.34¢/kWh in New Mexico, saving about $55.00/month on average.
New Mexico
15.34¢
per kWh
$100/mo
Texas
15.06¢
per kWh
$155/mo
Detailed Rate Comparison
| Metric | New Mexico | Texas | National Avg |
|---|---|---|---|
| Residential Rate | 15.34¢/kWh | 15.06¢/kWh | 17.22¢/kWh |
| Commercial Rate | 12.08¢/kWh | 10.68¢/kWh | - |
| Industrial Rate | 7.36¢/kWh | 7.92¢/kWh | - |
| Avg Monthly Bill | $100 | $155 | $134 |
| Renewable Energy | 28.0% | 28.0% | ~22% |
| Primary Source | Natural Gas | Natural Gas | - |
Appliance Running Costs: New Mexico vs Texas
Monthly cost to run common household appliances in each state.
| Appliance | NM | TX | Savings |
|---|---|---|---|
| Air Purifier | $5.52 | $5.42 | TX saves $0.10 |
| Blender | $0.18 | $0.18 | TX saves $0.00 |
| CFL Bulb (13W) | $0.48 | $0.47 | TX saves $0.01 |
| Cable / Satellite Box | $3.87 | $3.80 | TX saves $0.07 |
| Ceiling Fan | $4.14 | $4.07 | TX saves $0.08 |
| Central Air Conditioner | $128.86 | $126.50 | TX saves $2.35 |
| Chest Freezer | $8.84 | $8.67 | TX saves $0.16 |
| Clothes Dryer (Electric) | $13.81 | $13.55 | TX saves $0.25 |
| Coffee Maker | $1.04 | $1.02 | TX saves $0.02 |
| Crypto Mining Rig | $165.67 | $162.65 | TX saves $3.02 |
| Dehumidifier | $16.57 | $16.26 | TX saves $0.30 |
| Desktop Computer | $7.36 | $7.23 | TX saves $0.13 |
| Dishwasher | $8.28 | $8.13 | TX saves $0.15 |
| Electric Baseboard Heater | $46.02 | $45.18 | TX saves $0.84 |
| Electric Fireplace | $25.77 | $25.30 | TX saves $0.47 |
Bottom Line: New Mexico vs Texas
Texas is the more affordable state for electricity, with rates 1.8% lower than New Mexico. An average household would save about $660.00/year by living in Texas.
New Mexico gets its electricity primarily from Natural Gas with 28.0% renewable, while Texas relies on Natural Gas with 28.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in New Mexico or Texas?
Electricity is cheaper in Texas at 15.06¢/kWh compared to New Mexico at 15.34¢/kWh. That's a 1.8% difference, saving about $55.00/month on an average residential bill.
What is the average electricity bill in New Mexico vs Texas?
The average monthly electricity bill is $100 in New Mexico and $155 in Texas. The national average is $134.
Which state uses more renewable energy, New Mexico or Texas?
Texas has a higher renewable energy percentage at 28.0%, compared to 28.0% in New Mexico.
What are the main energy sources in New Mexico and Texas?
New Mexico primarily uses Natural Gas, while Texas relies on Natural Gas.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)