Electricity Rates in Santa cruz, NM
Residents of Santa cruz, NM benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Jemez Mountains Elec Coop, Inc serves the area.
Electricity Providers in Santa cruz
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Jemez Mountains Elec Coop, Inc | 15.0¢/kWh | 14.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Santa cruz
At 15.0¢/kWh, a typical Santa cruz household spends approximately $1594.80/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 Santa cruz
Charging an electric vehicle at home in Santa cruz 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.
Nearby Cities in New Mexico
Frequently Asked Questions
What is the average electricity rate in Santa cruz, NM?
The average residential electricity rate in Santa cruz, 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 Santa cruz?
Santa cruz is served by 1 electricity provider. Jemez Mountains Elec Coop, Inc is the largest provider in the area.
How do Santa cruz electricity rates compare to the rest of New Mexico?
Santa cruz'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.