Electricity Rates in Nara visa, NM

The average residential electricity rate in Nara visa, NM is 19.0¢/kWh based on 2024 EIA data. The city is served by 3 utility providers. This is 18.8% above the New Mexico state average.

Avg. Residential Rate 19.0¢/kWh
vs. New Mexico Avg. +18.8%
vs. National Avg. +6.9%
Providers 3

Electricity Providers in Nara visa

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
Springer Electric Coop, Inc 19.0¢/kWh 15.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 19.0¢/kWh and typical US household usage of 886 kWh/month:

Nara visa monthly bill $168.34
Nara visa annual cost $2020.08
New Mexico avg. monthly $141.76
National avg. monthly $157.53

Solar Savings in Nara visa

At 19.0¢/kWh, a typical Nara visa household spends approximately $2020.08/year on electricity. Solar panels could reduce this by 50–90%.

$1515/yr estimated solar savings

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

EV Charging Costs in Nara visa

Charging an electric vehicle at home in Nara visa costs approximately $171.00/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 Nara visa, NM?

The average residential electricity rate in Nara visa, NM is 19.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $168.34 for a typical household.

Who provides electricity in Nara visa?

Nara visa is served by 3 electricity providers. Farmers Electric Coop, Inc - (NM) is the largest provider in the area, though rates and availability vary by specific address.

How do Nara visa electricity rates compare to the rest of New Mexico?

Nara visa's average rate of 19.0¢/kWh is 18.8% above the New Mexico state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.