Electricity Rates in Mule creek, NM

Residents of Mule creek, NM benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Navopache Electric Coop, Inc being the largest.

Avg. Residential Rate 15.0¢/kWh
vs. New Mexico Avg. -6.3%
vs. National Avg. -15.6%
Providers 2

Electricity Providers in Mule creek

Utility Residential Rate Commercial Rate Type
Navopache Electric Coop, Inc 15.0¢/kWh 10.0¢/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 15.0¢/kWh and typical US household usage of 886 kWh/month:

Mule creek monthly bill $132.90
Mule creek annual cost $1594.80
New Mexico avg. monthly $141.76
National avg. monthly $157.53

Solar Savings in Mule creek

At 15.0¢/kWh, a typical Mule creek household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

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

EV Charging Costs in Mule creek

Charging an electric vehicle at home in Mule creek costs approximately $135.00/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 Mule creek, NM?

The average residential electricity rate in Mule creek, NM is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.

Who provides electricity in Mule creek?

Mule creek is served by 2 electricity providers. Navopache Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.

How do Mule creek electricity rates compare to the rest of New Mexico?

Mule creek's average rate of 15.0¢/kWh is 6.3% below the New Mexico state average of 16.0¢/kWh. Residents enjoy some of the lower rates in the state.