Electricity Rates in Los lunas, NM

The average residential electricity rate in Los lunas, 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.

Avg. Residential Rate 16.0¢/kWh
vs. New Mexico Avg. 0.0%
vs. National Avg. -10.0%
Providers 3

Electricity Providers in Los lunas

Utility Residential Rate Commercial Rate Type
Central New Mexico El Coop, Inc 17.0¢/kWh 22.0¢/kWh Cooperative
Continental Divide El Coop Inc 16.0¢/kWh 13.0¢/kWh Cooperative
Public Service Co of NM 16.0¢/kWh 12.0¢/kWh Investor Owned

Estimated Monthly Electric Bill

Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:

Los lunas monthly bill $141.76
Los lunas annual cost $1701.12
New Mexico avg. monthly $141.76
National avg. monthly $157.53

Solar Savings in Los lunas

At 16.0¢/kWh, a typical Los lunas household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

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

EV Charging Costs in Los lunas

Charging an electric vehicle at home in Los lunas 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.

Frequently Asked Questions

What is the average electricity rate in Los lunas, NM?

The average residential electricity rate in Los lunas, 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 Los lunas?

Los lunas is served by 3 electricity providers. Central New Mexico El Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.

How do Los lunas electricity rates compare to the rest of New Mexico?

Los lunas'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.