Electricity Rates in Vaughn, NM
The average residential electricity rate in Vaughn, NM is 17.0¢/kWh based on 2024 EIA data. Central New Mexico El Coop, Inc provides electricity to the area. This is 6.3% above the New Mexico state average.
Electricity Providers in Vaughn
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Central New Mexico El Coop, Inc | 17.0¢/kWh | 22.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Vaughn
At 17.0¢/kWh, a typical Vaughn household spends approximately $1807.44/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 Vaughn
Charging an electric vehicle at home in Vaughn costs approximately $153.00/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 Vaughn, NM?
The average residential electricity rate in Vaughn, NM is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Vaughn?
Vaughn is served by 1 electricity provider. Central New Mexico El Coop, Inc is the largest provider in the area.
How do Vaughn electricity rates compare to the rest of New Mexico?
Vaughn's average rate of 17.0¢/kWh is 6.3% above the New Mexico state average of 16.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.