Electricity Rates in Milnesand, NM
Residents of Milnesand, NM benefit from relatively low electricity rates, averaging 11.0¢/kWh — 38.1% below the national average. The city is served by 2 electricity providers, with Lea County Electric Coop, Inc - (NM) being the largest.
Electricity Providers in Milnesand
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Lea County Electric Coop, Inc - (NM) | 10.0¢/kWh | 8.0¢/kWh | Cooperative |
| Roosevelt County Elec Coop Inc | 12.0¢/kWh | 16.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 11.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Milnesand
At 11.0¢/kWh, a typical Milnesand household spends approximately $1169.52/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 Milnesand
Charging an electric vehicle at home in Milnesand costs approximately $99.00/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 Milnesand, NM?
The average residential electricity rate in Milnesand, NM is 11.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $97.46 for a typical household.
Who provides electricity in Milnesand?
Milnesand is served by 2 electricity providers. Lea County Electric Coop, Inc - (NM) is the largest provider in the area, though rates and availability vary by specific address.
How do Milnesand electricity rates compare to the rest of New Mexico?
Milnesand's average rate of 11.0¢/kWh is 31.2% below the New Mexico state average of 16.0¢/kWh. Residents enjoy some of the lower rates in the state.