Electricity Rates in Roswell, NM
Residents of Roswell, NM benefit from relatively low electricity rates, averaging 13.0¢/kWh — 26.9% below the national average. The city is served by 6 electricity providers, with Central New Mexico El Coop, Inc being the largest.
Electricity Providers in Roswell
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central New Mexico El Coop, Inc | 17.0¢/kWh | 22.0¢/kWh | Cooperative |
| Central Valley Elec Coop, Inc | 9.0¢/kWh | 13.0¢/kWh | Cooperative |
| Lea County Electric Coop, Inc - (NM) | 10.0¢/kWh | 8.0¢/kWh | Cooperative |
| Otero County Electric Coop Inc | 18.0¢/kWh | 16.0¢/kWh | Cooperative |
| Roosevelt County Elec Coop Inc | 12.0¢/kWh | 16.0¢/kWh | Cooperative |
| Southwestern Public Service Co | 12.0¢/kWh | 8.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 13.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Roswell
At 13.0¢/kWh, a typical Roswell household spends approximately $1382.16/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 Roswell
Charging an electric vehicle at home in Roswell costs approximately $117.00/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 Roswell, NM?
The average residential electricity rate in Roswell, NM is 13.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $115.18 for a typical household.
Who provides electricity in Roswell?
Roswell is served by 6 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 Roswell electricity rates compare to the rest of New Mexico?
Roswell's average rate of 13.0¢/kWh is 18.8% below the New Mexico state average of 16.0¢/kWh. Residents enjoy some of the lower rates in the state.