Electricity Rates in La madera, NM

The average residential electricity rate in La madera, NM is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.3% above the New Mexico state average.

Avg. Residential Rate 17.0¢/kWh
vs. New Mexico Avg. +6.3%
vs. National Avg. -4.4%
Providers 2

Electricity Providers in La madera

Utility Residential Rate Commercial Rate Type
Jemez Mountains Elec Coop, Inc 15.0¢/kWh 14.0¢/kWh Cooperative
Kit Carson Electric Coop, Inc 18.0¢/kWh 16.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:

La madera monthly bill $150.62
La madera annual cost $1807.44
New Mexico avg. monthly $141.76
National avg. monthly $157.53

Solar Savings in La madera

At 17.0¢/kWh, a typical La madera household spends approximately $1807.44/year on electricity. Solar panels could reduce this by 50–90%.

$1356/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in La madera

Charging an electric vehicle at home in La madera costs approximately $153.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.

Frequently Asked Questions

What is the average electricity rate in La madera, NM?

The average residential electricity rate in La madera, NM is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.

Who provides electricity in La madera?

La madera is served by 2 electricity providers. Jemez Mountains Elec Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.

How do La madera electricity rates compare to the rest of New Mexico?

La madera's average rate of 17.0¢/kWh is 6.3% above the New Mexico state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.