Electricity Rates in Paguate, NM
The average residential electricity rate in Paguate, NM is 16.0¢/kWh based on 2024 EIA data. Continental Divide El Coop Inc provides electricity to the area. This is close to the New Mexico state average.
Electricity Providers in Paguate
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Continental Divide El Coop Inc | 16.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Paguate
At 16.0¢/kWh, a typical Paguate household spends approximately $1701.12/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 Paguate
Charging an electric vehicle at home in Paguate 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.
Nearby Cities in New Mexico
Frequently Asked Questions
What is the average electricity rate in Paguate, NM?
The average residential electricity rate in Paguate, 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 Paguate?
Paguate is served by 1 electricity provider. Continental Divide El Coop Inc is the largest provider in the area.
How do Paguate electricity rates compare to the rest of New Mexico?
Paguate'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.