Electricity Rates in Arroyo hondo, NM
The average residential electricity rate in Arroyo hondo, NM is 18.0¢/kWh based on 2024 EIA data. Kit Carson Electric Coop, Inc provides electricity to the area. This is 12.5% above the New Mexico state average.
Electricity Providers in Arroyo hondo
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Kit Carson Electric Coop, Inc | 18.0¢/kWh | 16.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Arroyo hondo
At 18.0¢/kWh, a typical Arroyo hondo household spends approximately $1913.76/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Arroyo hondo
Charging an electric vehicle at home in Arroyo hondo costs approximately $162.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in New Mexico
Frequently Asked Questions
What is the average electricity rate in Arroyo hondo, NM?
The average residential electricity rate in Arroyo hondo, NM is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Arroyo hondo?
Arroyo hondo is served by 1 electricity provider. Kit Carson Electric Coop, Inc is the largest provider in the area.
How do Arroyo hondo electricity rates compare to the rest of New Mexico?
Arroyo hondo's average rate of 18.0¢/kWh is 12.5% above the New Mexico state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.