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Data as of 2026-08
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Built 2026-11-05 (5 November 2026)

New Mexico Electricity: Generation Mix and Retail Prices

New Mexico generated 39.4 TWh of electricity in 2025, 36% of it from wind. The average retail price was 9.45 US cents/kWh in 2025. These are EIA statistics for 2025, with monthly figures through August 2026; they are not real time.

Key Facts

  • New Mexico generated 39.4 TWh of electricity in 2025, the 37th most of the 51 states and DC.
  • Wind was the largest source of New Mexico's electricity in 2025, at 36.5% of generation.
  • Gas was the second largest source of New Mexico's electricity in 2025, at 26.6% of generation.
  • New Mexico's electricity generation rose from 33.6 TWh in 2001 to 39.4 TWh in 2025.
  • The average retail price of electricity in New Mexico was 9.45 US cents/kWh in 2025, the 49th highest of the 51 states and DC.
  • Residential customers in New Mexico paid an average of 14.85 US cents/kWh in 2025.
  • New Mexico generated 4.57 TWh of electricity in August 2026.

Key Figures

MeasureValueAs of / source
Total generation39.4 TWh2025 · EIA
Generation rank37 of 512025 · EIA
Average retail price, all sectors9.45 US cents/kWh2025 · EIA
Price rank, highest first49 of 512025 · EIA
Retail sales31.5 TWh2025 · EIA
Retail customers1,104,0622025 · EIA
Retail revenueUSD 2,978 million2025 · EIA

Generation Mix, 2025

SourceGenerationShare
Wind14.4 TWh36.5%
Gas10.5 TWh26.6%
Coal8.18 TWh20.7%
Solar6.26 TWh15.9%
Hydro125 GWh0.3%
Geothermal58.1 GWh0.1%
Bioenergy15.0 GWh0.0%
Oil0.42 GWh0.0%

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025. Utility scale generation, all sectors; small scale solar is not included.

Year by Year

EIA annual statistics, 2001 to 2025
New Mexico electricity generation by source, 2001 to 2025 New Mexico's electricity generation by main source from 2001 to 2025, in TWh. In 2025 the largest sources were wind at 14.4 TWh, gas at 10.5 TWh, coal at 8.18 TWh, solar at 6.26 TWh, hydro at 125 GWh. 0 8 15 23 30 20012006201120162021
New Mexico's electricity generation by main source from 2001 to 2025, in TWh. In 2025 the largest sources were wind at 14.4 TWh, gas at 10.5 TWh, coal at 8.18 TWh, solar at 6.26 TWh, hydro at 125 GWh.
Annual statistics through 2025, TWh
New Mexico electricity generation by source, 2001 to 2025
YearWindGasCoalSolarHydro
2001n/a4.89 TWh28.4 TWhn/a237 GWh
2002n/a3.44 TWh26.9 TWhn/a265 GWh
2003183 GWh3.52 TWh28.8 TWhn/a171 GWh
2004513 GWh2.99 TWh29.3 TWhn/a139 GWh
2005795 GWh4.19 TWh29.9 TWhn/a165 GWh
20061.26 TWh5.89 TWh29.9 TWhn/a198 GWh
20071.39 TWh6.66 TWh27.6 TWhn/a268 GWh
20081.64 TWh7.97 TWh27.0 TWhn/a312 GWh
20091.55 TWh8.66 TWh29.1 TWhn/a271 GWh
20101.83 TWh8.51 TWh25.6 TWh8.93 GWh217 GWh
20112.10 TWh8.57 TWh27.1 TWh128 GWh195 GWh
20122.23 TWh8.80 TWh25.0 TWh334 GWh223 GWh
20132.19 TWh8.98 TWh24.1 TWh388 GWh91.8 GWh
20142.27 TWh8.98 TWh20.4 TWh515 GWh98.4 GWh
20152.09 TWh9.36 TWh20.4 TWh615 GWh99.5 GWh
20163.61 TWh9.96 TWh18.4 TWh752 GWh148 GWh
20174.59 TWh9.13 TWh18.4 TWh1.19 TWh193 GWh
20186.09 TWh11.6 TWh13.4 TWh1.35 TWh150 GWh
20196.89 TWh11.8 TWh14.7 TWh1.37 TWh158 GWh
20207.22 TWh12.0 TWh12.8 TWh1.75 TWh203 GWh
202110.6 TWh10.1 TWh12.5 TWh1.75 TWh123 GWh
202214.4 TWh11.0 TWh13.3 TWh1.98 TWh121 GWh
202314.9 TWh14.2 TWh7.37 TWh2.61 TWh108 GWh
202415.1 TWh11.6 TWh8.43 TWh4.29 TWh153 GWh
202514.4 TWh10.5 TWh8.18 TWh6.26 TWh125 GWh
YearGenerationLargest sourceAverage retail price
2025 39.4 TWh Wind 36.5% 9.45 US cents/kWh
2024 39.7 TWh Wind 38.1% 9.18 US cents/kWh
2023 39.3 TWh Wind 38.0% 9.47 US cents/kWh
2022 40.9 TWh Wind 35.3% 10.02 US cents/kWh
2021 35.2 TWh Coal 35.6% 9.79 US cents/kWh
2020 34.1 TWh Coal 37.5% 9.33 US cents/kWh
2019 35.2 TWh Coal 41.8% 8.99 US cents/kWh
2018 32.7 TWh Coal 41.0% 9.35 US cents/kWh
2017 33.6 TWh Coal 54.8% 9.59 US cents/kWh
2016 32.9 TWh Coal 55.8% 9.12 US cents/kWh

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025.

Retail Electricity Prices

Average revenue per kWh sold, 2001 to 2025
New Mexico average retail electricity price by sector, 2001 to 2025 Average retail electricity prices in New Mexico by customer sector, in US cents per kWh. In 2025 the all sector average was 9.45 US cents/kWh and residential customers paid 14.85 US cents/kWh. 0 4 8 11 15 20012006201120162021
Average retail electricity prices in New Mexico by customer sector, in US cents per kWh. In 2025 the all sector average was 9.45 US cents/kWh and residential customers paid 14.85 US cents/kWh.
Annual statistics through 2025, US cents/kWh
New Mexico average retail electricity price by sector, 2001 to 2025
YearAll sectorsResidentialCommercialIndustrial
20017.16 US cents/kWh8.74 US cents/kWh7.50 US cents/kWh5.45 US cents/kWh
20026.73 US cents/kWh8.50 US cents/kWh7.22 US cents/kWh4.48 US cents/kWh
20037.00 US cents/kWh8.69 US cents/kWh7.36 US cents/kWh4.95 US cents/kWh
20047.10 US cents/kWh8.67 US cents/kWh7.39 US cents/kWh5.22 US cents/kWh
20057.51 US cents/kWh9.13 US cents/kWh7.81 US cents/kWh5.61 US cents/kWh
20067.37 US cents/kWh9.06 US cents/kWh7.61 US cents/kWh5.57 US cents/kWh
20077.44 US cents/kWh9.12 US cents/kWh7.66 US cents/kWh5.60 US cents/kWh
20088.35 US cents/kWh10.01 US cents/kWh8.67 US cents/kWh6.38 US cents/kWh
20098.09 US cents/kWh10.02 US cents/kWh8.40 US cents/kWh5.72 US cents/kWh
20108.40 US cents/kWh10.52 US cents/kWh8.57 US cents/kWh6.01 US cents/kWh
20118.74 US cents/kWh11.00 US cents/kWh9.07 US cents/kWh6.06 US cents/kWh
20128.83 US cents/kWh11.37 US cents/kWh9.32 US cents/kWh5.83 US cents/kWh
20139.25 US cents/kWh11.68 US cents/kWh9.74 US cents/kWh6.36 US cents/kWh
20149.65 US cents/kWh12.28 US cents/kWh10.27 US cents/kWh6.61 US cents/kWh
20159.62 US cents/kWh12.47 US cents/kWh10.30 US cents/kWh6.33 US cents/kWh
20169.12 US cents/kWh12.03 US cents/kWh9.75 US cents/kWh5.84 US cents/kWh
20179.59 US cents/kWh12.88 US cents/kWh10.19 US cents/kWh6.15 US cents/kWh
20189.35 US cents/kWh12.68 US cents/kWh10.02 US cents/kWh5.84 US cents/kWh
20198.99 US cents/kWh12.51 US cents/kWh9.79 US cents/kWh5.48 US cents/kWh
20209.33 US cents/kWh12.94 US cents/kWh10.28 US cents/kWh5.58 US cents/kWh
20219.79 US cents/kWh13.52 US cents/kWh10.80 US cents/kWh6.16 US cents/kWh
202210.02 US cents/kWh13.84 US cents/kWh11.07 US cents/kWh6.56 US cents/kWh
20239.47 US cents/kWh13.85 US cents/kWh10.68 US cents/kWh5.75 US cents/kWh
20249.18 US cents/kWh14.20 US cents/kWh10.54 US cents/kWh5.43 US cents/kWh
20259.45 US cents/kWh14.85 US cents/kWh11.01 US cents/kWh5.85 US cents/kWh
Sector, 2025Average priceSalesCustomers
All sectors 9.45 US cents/kWh 31.5 TWh 1,104,062
Residential 14.85 US cents/kWh 7.24 TWh 946,309
Commercial 11.01 US cents/kWh 9.38 TWh 148,461
Industrial 5.85 US cents/kWh 14.9 TWh 9,292
Transportation 0.00 US cents/kWh 0 TWh 0

Prices are average revenue per kWh sold, including delivery charges and taxes collected by utilities, in nominal US cents.

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of 2025.

Month by Month

EIA monthly statistics, preliminary for recent months
MonthGenerationAverage price, all sectorsResidential price
August 2026 4.57 TWh 10.08 US cents/kWh 16.51 US cents/kWh
July 2026 4.28 TWh 9.52 US cents/kWh 16.09 US cents/kWh
June 2026 4.46 TWh 8.96 US cents/kWh 15.06 US cents/kWh
May 2026 4.52 TWh 8.07 US cents/kWh 14.12 US cents/kWh
April 2026 3.95 TWh 9.22 US cents/kWh 15.15 US cents/kWh
March 2026 3.82 TWh 8.62 US cents/kWh 14.81 US cents/kWh
February 2026 3.06 TWh 8.97 US cents/kWh 15.07 US cents/kWh
January 2026 3.66 TWh 9.21 US cents/kWh 14.70 US cents/kWh
December 2025 3.95 TWh 8.60 US cents/kWh 14.47 US cents/kWh
November 2025 3.34 TWh 8.76 US cents/kWh 15.38 US cents/kWh
October 2025 3.38 TWh 8.70 US cents/kWh 14.72 US cents/kWh
September 2025 3.29 TWh 10.22 US cents/kWh 16.26 US cents/kWh

Source: U.S. Energy Information Administration (EIA). (US Government work, public domain) Data as of August 2026.

Cite this page
APA 7

World Power Monitor. (2026). New Mexico Electricity: Generation Mix and Retail Prices. https://worldpowermonitor.com/us/new-mexico/

Plain text

World Power Monitor. New Mexico Electricity: Generation Mix and Retail Prices. Data as of 2026-08. Data from U.S. Energy Information Administration. https://worldpowermonitor.com/us/new-mexico/

BibTeX 
@misc{wpm_us_new_mexico_2026,
  title = {{New Mexico Electricity: Generation Mix and Retail Prices}},
  author = {{World Power Monitor}},
  year = {2026},
  note = {Data as of 2026-08. Data from U.S. Energy Information Administration.},
  url = {https://worldpowermonitor.com/us/new-mexico/}
}

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