Electricity Rates in Sedan, NM
Electricity rates in Sedan, NM average 24.0¢/kWh — 35.0% above the national average of 17.78¢/kWh. Southwestern Electric Coop Inc - (NM) is the primary electricity provider in the area.
Electricity Providers in Sedan
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southwestern Electric Coop Inc - (NM) | 24.0¢/kWh | 17.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 24.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Sedan
At 24.0¢/kWh, a typical Sedan household spends approximately $2551.68/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 Sedan
Charging an electric vehicle at home in Sedan costs approximately $216.00/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 Sedan, NM?
The average residential electricity rate in Sedan, NM is 24.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $212.64 for a typical household.
Who provides electricity in Sedan?
Sedan is served by 1 electricity provider. Southwestern Electric Coop Inc - (NM) is the largest provider in the area.
How do Sedan electricity rates compare to the rest of New Mexico?
Sedan's average rate of 24.0¢/kWh is 50.0% above the New Mexico state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.