Electricity Rates in Conchas dam, NM
Residents of Conchas dam, NM benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with Farmers Electric Coop, Inc - (NM) being the largest.
Electricity Providers in Conchas dam
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Farmers Electric Coop, Inc - (NM) | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Southwestern Public Service Co | 12.0¢/kWh | 8.0¢/kWh | Investor Owned |
| Springer Electric Coop, Inc | 19.0¢/kWh | 15.0¢/kWh | Cooperative |
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 Conchas dam
At 15.0¢/kWh, a typical Conchas dam 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 Conchas dam
Charging an electric vehicle at home in Conchas dam 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 Conchas dam, NM?
The average residential electricity rate in Conchas dam, 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 Conchas dam?
Conchas dam is served by 3 electricity providers. Farmers Electric Coop, Inc - (NM) is the largest provider in the area, though rates and availability vary by specific address.
How do Conchas dam electricity rates compare to the rest of New Mexico?
Conchas dam'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.