Electricity Rates in Logan, NM
Logan, NM has 4 electricity providers competing for customers, with rates averaging 17.0¢/kWh. Rates range from 12.0¢ to 24.0¢/kWh depending on your provider. Farmers Electric Coop, Inc - (NM) serves the majority of customers.
Electricity Providers in Logan
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Farmers Electric Coop, Inc - (NM) | 13.0¢/kWh | 12.0¢/kWh | Cooperative |
| Southwestern Electric Coop Inc - (NM) | 24.0¢/kWh | 17.0¢/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 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Logan
At 17.0¢/kWh, a typical Logan household spends approximately $1807.44/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 Logan
Charging an electric vehicle at home in Logan 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.
Nearby Cities in New Mexico
Frequently Asked Questions
What is the average electricity rate in Logan, NM?
The average residential electricity rate in Logan, 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 Logan?
Logan is served by 4 electricity providers. Farmers Electric Coop, Inc - (NM) is the largest provider in the area, though rates and availability vary by specific address.
How do Logan electricity rates compare to the rest of New Mexico?
Logan'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.