Electricity Rates in Taos, NM
The average residential electricity rate in Taos, NM is 19.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 18.8% above the New Mexico state average.
Electricity Providers in Taos
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Kit Carson Electric Coop, Inc | 18.0¢/kWh | 16.0¢/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:
Solar Savings in Taos
At 19.0¢/kWh, a typical Taos household spends approximately $2020.08/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 Taos
Charging an electric vehicle at home in Taos 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.
Nearby Cities in New Mexico
Frequently Asked Questions
What is the average electricity rate in Taos, NM?
The average residential electricity rate in Taos, 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 Taos?
Taos is served by 2 electricity providers. Kit Carson Electric Coop, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Taos electricity rates compare to the rest of New Mexico?
Taos'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.