New Mexico vs Wyoming Electricity Rates (2026)
Wyoming has 23.6% cheaper electricity than New Mexico. Wyoming residents pay 11.72¢/kWh compared to 15.34¢/kWh in New Mexico, saving about $1.00/month on average.
New Mexico
15.34¢
per kWh
$100/mo
Wyoming
11.72¢
per kWh
$101/mo
Detailed Rate Comparison
| Metric | New Mexico | Wyoming | National Avg |
|---|---|---|---|
| Residential Rate | 15.34¢/kWh | 11.72¢/kWh | 17.22¢/kWh |
| Commercial Rate | 12.08¢/kWh | 9.95¢/kWh | - |
| Industrial Rate | 7.36¢/kWh | 7.04¢/kWh | - |
| Avg Monthly Bill | $100 | $101 | $134 |
| Renewable Energy | 28.0% | 22.0% | ~22% |
| Primary Source | Natural Gas | Coal | - |
Appliance Running Costs: New Mexico vs Wyoming
Monthly cost to run common household appliances in each state.
| Appliance | NM | WY | Savings |
|---|---|---|---|
| Air Purifier | $5.52 | $4.22 | WY saves $1.30 |
| Blender | $0.18 | $0.14 | WY saves $0.04 |
| CFL Bulb (13W) | $0.48 | $0.37 | WY saves $0.11 |
| Cable / Satellite Box | $3.87 | $2.95 | WY saves $0.91 |
| Ceiling Fan | $4.14 | $3.16 | WY saves $0.98 |
| Central Air Conditioner | $128.86 | $98.45 | WY saves $30.41 |
| Chest Freezer | $8.84 | $6.75 | WY saves $2.09 |
| Clothes Dryer (Electric) | $13.81 | $10.55 | WY saves $3.26 |
| Coffee Maker | $1.04 | $0.79 | WY saves $0.24 |
| Crypto Mining Rig | $165.67 | $126.58 | WY saves $39.10 |
| Dehumidifier | $16.57 | $12.66 | WY saves $3.91 |
| Desktop Computer | $7.36 | $5.63 | WY saves $1.74 |
| Dishwasher | $8.28 | $6.33 | WY saves $1.95 |
| Electric Baseboard Heater | $46.02 | $35.16 | WY saves $10.86 |
| Electric Fireplace | $25.77 | $19.69 | WY saves $6.08 |
Bottom Line: New Mexico vs Wyoming
Wyoming is the more affordable state for electricity, with rates 23.6% lower than New Mexico. An average household would save about $12.00/year by living in Wyoming.
New Mexico gets its electricity primarily from Natural Gas with 28.0% renewable, while Wyoming relies on Coal with 22.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in New Mexico or Wyoming?
Electricity is cheaper in Wyoming at 11.72¢/kWh compared to New Mexico at 15.34¢/kWh. That's a 23.6% difference, saving about $1.00/month on an average residential bill.
What is the average electricity bill in New Mexico vs Wyoming?
The average monthly electricity bill is $100 in New Mexico and $101 in Wyoming. The national average is $134.
Which state uses more renewable energy, New Mexico or Wyoming?
New Mexico has a higher renewable energy percentage at 28.0%, compared to 22.0% in Wyoming.
What are the main energy sources in New Mexico and Wyoming?
New Mexico primarily uses Natural Gas, while Wyoming relies on Coal.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)