Electricity Rates in Gladstone, NM
Electricity rates in Gladstone, NM average 22.0¢/kWh — 23.7% above the national average of 17.78¢/kWh. Southwestern Electric Coop Inc - (NM) is the primary electricity provider in the area, with 2 providers serving the city.
Electricity Providers in Gladstone
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southwestern Electric Coop Inc - (NM) | 24.0¢/kWh | 17.0¢/kWh | Cooperative |
| Springer Electric Coop, Inc | 19.0¢/kWh | 15.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 22.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Gladstone
At 22.0¢/kWh, a typical Gladstone household spends approximately $2339.04/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 Gladstone
Charging an electric vehicle at home in Gladstone costs approximately $198.00/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 Gladstone, NM?
The average residential electricity rate in Gladstone, NM is 22.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $194.92 for a typical household.
Who provides electricity in Gladstone?
Gladstone is served by 2 electricity providers. Southwestern Electric Coop Inc - (NM) is the largest provider in the area, though rates and availability vary by specific address.
How do Gladstone electricity rates compare to the rest of New Mexico?
Gladstone's average rate of 22.0¢/kWh is 37.5% above the New Mexico state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.