Electricity Rates in Alameda, NM

The average residential electricity rate in Alameda, NM is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is close to the New Mexico state average.

Avg. Residential Rate 16.0¢/kWh
vs. New Mexico Avg. 0.0%
vs. National Avg. -10.0%
Providers 2

Electricity Providers in Alameda

Utility Residential Rate Commercial Rate Type
Continental Divide El Coop Inc 16.0¢/kWh 13.0¢/kWh Cooperative
Public Service Co of NM 16.0¢/kWh 12.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:

Alameda monthly bill $141.76
Alameda annual cost $1701.12
New Mexico avg. monthly $141.76
National avg. monthly $157.53

Solar Savings in Alameda

At 16.0¢/kWh, a typical Alameda household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Alameda

Charging an electric vehicle at home in Alameda costs approximately $144.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in Alameda, NM?

The average residential electricity rate in Alameda, NM is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.

Who provides electricity in Alameda?

Alameda is served by 2 electricity providers. Continental Divide El Coop Inc is the largest provider in the area, though rates and availability vary by specific address.

How do Alameda electricity rates compare to the rest of New Mexico?

Alameda's average rate of 16.0¢/kWh is close to the New Mexico state average of 16.0¢/kWh. Rates are typical for the region.