Electricity Rates in Clayton, NM
Electricity rates in Clayton, NM average 24.0¢/kWh — 35.0% above the national average of 17.78¢/kWh. Public Service Co of NM is the primary electricity provider in the area, with 4 providers serving the city.
Electricity Providers in Clayton
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Public Service Co of NM | 16.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Southwestern Electric Coop Inc - (NM) | 24.0¢/kWh | 17.0¢/kWh | Cooperative |
| Springer Electric Coop, Inc | 19.0¢/kWh | 15.0¢/kWh | Cooperative |
| Tri-County Electric Coop, Inc (OK) | 38.0¢/kWh | 26.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 24.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Clayton
At 24.0¢/kWh, a typical Clayton household spends approximately $2551.68/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 Clayton
Charging an electric vehicle at home in Clayton costs approximately $216.00/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 Clayton, NM?
The average residential electricity rate in Clayton, NM is 24.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $212.64 for a typical household.
Who provides electricity in Clayton?
Clayton is served by 4 electricity providers. Public Service Co of NM is the largest provider in the area, though rates and availability vary by specific address.
How do Clayton electricity rates compare to the rest of New Mexico?
Clayton's average rate of 24.0¢/kWh is 50.0% above the New Mexico state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.