New Mexico vs Oklahoma Electricity Rates (2026)
Oklahoma has 16.4% cheaper electricity than New Mexico. Oklahoma residents pay 12.82¢/kWh compared to 15.34¢/kWh in New Mexico, saving about $31.00/month on average.
New Mexico
15.34¢
per kWh
$100/mo
Oklahoma
12.82¢
per kWh
$131/mo
Detailed Rate Comparison
| Metric | New Mexico | Oklahoma | National Avg |
|---|---|---|---|
| Residential Rate | 15.34¢/kWh | 12.82¢/kWh | 17.22¢/kWh |
| Commercial Rate | 12.08¢/kWh | 10.38¢/kWh | - |
| Industrial Rate | 7.36¢/kWh | 6.62¢/kWh | - |
| Avg Monthly Bill | $100 | $131 | $134 |
| Renewable Energy | 28.0% | 42.0% | ~22% |
| Primary Source | Natural Gas | Wind | - |
Appliance Running Costs: New Mexico vs Oklahoma
Monthly cost to run common household appliances in each state.
| Appliance | NM | OK | Savings |
|---|---|---|---|
| Air Purifier | $5.52 | $4.62 | OK saves $0.91 |
| Blender | $0.18 | $0.15 | OK saves $0.03 |
| CFL Bulb (13W) | $0.48 | $0.40 | OK saves $0.08 |
| Cable / Satellite Box | $3.87 | $3.23 | OK saves $0.64 |
| Ceiling Fan | $4.14 | $3.46 | OK saves $0.68 |
| Central Air Conditioner | $128.86 | $107.69 | OK saves $21.17 |
| Chest Freezer | $8.84 | $7.38 | OK saves $1.45 |
| Clothes Dryer (Electric) | $13.81 | $11.54 | OK saves $2.27 |
| Coffee Maker | $1.04 | $0.87 | OK saves $0.17 |
| Crypto Mining Rig | $165.67 | $138.46 | OK saves $27.22 |
| Dehumidifier | $16.57 | $13.85 | OK saves $2.72 |
| Desktop Computer | $7.36 | $6.15 | OK saves $1.21 |
| Dishwasher | $8.28 | $6.92 | OK saves $1.36 |
| Electric Baseboard Heater | $46.02 | $38.46 | OK saves $7.56 |
| Electric Fireplace | $25.77 | $21.54 | OK saves $4.23 |
Bottom Line: New Mexico vs Oklahoma
Oklahoma is the more affordable state for electricity, with rates 16.4% lower than New Mexico. An average household would save about $372.00/year by living in Oklahoma.
New Mexico gets its electricity primarily from Natural Gas with 28.0% renewable, while Oklahoma relies on Wind with 42.0% renewable.
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Frequently Asked Questions
Is electricity cheaper in New Mexico or Oklahoma?
Electricity is cheaper in Oklahoma at 12.82¢/kWh compared to New Mexico at 15.34¢/kWh. That's a 16.4% difference, saving about $31.00/month on an average residential bill.
What is the average electricity bill in New Mexico vs Oklahoma?
The average monthly electricity bill is $100 in New Mexico and $131 in Oklahoma. The national average is $134.
Which state uses more renewable energy, New Mexico or Oklahoma?
Oklahoma has a higher renewable energy percentage at 42.0%, compared to 28.0% in New Mexico.
What are the main energy sources in New Mexico and Oklahoma?
New Mexico primarily uses Natural Gas, while Oklahoma relies on Wind.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)