Electricity Rates in Deming, NM
Residents of Deming, NM benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 2 electricity providers, with El Paso Electric Co being the largest.
Electricity Providers in Deming
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| El Paso Electric Co | 10.0¢/kWh | 8.0¢/kWh | Investor Owned |
| Public Service Co of NM | 16.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Deming
At 13.0¢/kWh, a typical Deming household spends approximately $1382.16/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 Deming
Charging an electric vehicle at home in Deming 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.
Nearby Cities in New Mexico
Frequently Asked Questions
What is the average electricity rate in Deming, NM?
The average residential electricity rate in Deming, 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 Deming?
Deming is served by 2 electricity providers. El Paso Electric Co is the largest provider in the area, though rates and availability vary by specific address.
How do Deming electricity rates compare to the rest of New Mexico?
Deming'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.