Electricity Rates in Cuba, NM
The average residential electricity rate in Cuba, NM is 16.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is close to the New Mexico state average.
Electricity Providers in Cuba
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Continental Divide El Coop Inc | 16.0¢/kWh | 13.0¢/kWh | Cooperative |
| Jemez Mountains Elec Coop, Inc | 15.0¢/kWh | 14.0¢/kWh | Cooperative |
| Navajo Tribal Utility Authority | 17.0¢/kWh | 17.0¢/kWh | State |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Cuba
At 16.0¢/kWh, a typical Cuba household spends approximately $1701.12/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 Cuba
Charging an electric vehicle at home in Cuba costs approximately $144.00/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 Cuba, NM?
The average residential electricity rate in Cuba, NM is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Cuba?
Cuba is served by 3 electricity providers. Continental Divide El Coop Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Cuba electricity rates compare to the rest of New Mexico?
Cuba's average rate of 16.0¢/kWh is close to the New Mexico state average of 16.0¢/kWh. Rates are typical for the region.