Electricity Rates in Broadview, NM

Residents of Broadview, NM benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. Farmers Electric Coop, Inc - (NM) serves the area.

Avg. Residential Rate 13.0¢/kWh
vs. New Mexico Avg. -18.8%
vs. National Avg. -26.9%
Providers 1

Electricity Providers in Broadview

Utility Residential Rate Commercial Rate Type
Farmers Electric Coop, Inc - (NM) 13.0¢/kWh 12.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:

Broadview monthly bill $115.18
Broadview annual cost $1382.16
New Mexico avg. monthly $141.76
National avg. monthly $157.53

Solar Savings in Broadview

At 13.0¢/kWh, a typical Broadview household spends approximately $1382.16/year on electricity. Solar panels could reduce this by 50–90%.

$1037/yr estimated solar savings

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

EV Charging Costs in Broadview

Charging an electric vehicle at home in Broadview costs approximately $117.00/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 Broadview, NM?

The average residential electricity rate in Broadview, NM is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.

Who provides electricity in Broadview?

Broadview is served by 1 electricity provider. Farmers Electric Coop, Inc - (NM) is the largest provider in the area.

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

Broadview's average rate of 13.0¢/kWh is 18.8% below the New Mexico state average of 16.0¢/kWh. Residents enjoy some of the lower rates in the state.