Electricity Rates in Cerrillos, NM
Residents of Cerrillos, NM benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Jemez Mountains Elec Coop, Inc being the largest.
Electricity Providers in Cerrillos
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Jemez Mountains Elec Coop, Inc | 15.0¢/kWh | 14.0¢/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 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Cerrillos
At 15.0¢/kWh, a typical Cerrillos household spends approximately $1594.80/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 Cerrillos
Charging an electric vehicle at home in Cerrillos costs approximately $135.00/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 Cerrillos, NM?
The average residential electricity rate in Cerrillos, NM is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.
Who provides electricity in Cerrillos?
Cerrillos is served by 2 electricity providers. Jemez Mountains Elec Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Cerrillos electricity rates compare to the rest of New Mexico?
Cerrillos's average rate of 15.0¢/kWh is 6.3% below the New Mexico state average of 16.0¢/kWh. Residents enjoy some of the lower rates in the state.