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El Paso Electric NM

El Paso Electric NM is a electric only utility serving 100,000 customers in New Mexico. Average residential rate: 14.80¢/kWh (14.1% below national average).

14.80¢

per kWh

100,000

customers

NM

state

Electric Only

service type

Rate Comparison

MetricEl Paso Electric NMNew Mexico AvgNational Avg
Avg Rate14.80¢/kWh15.34¢/kWh17.22¢/kWh
Est. Monthly Bill (900 kWh)$133.20$138.06$154.98
Est. Annual Bill (900 kWh/mo)$1,598.40$1,656.72$1,859.76

About El Paso Electric NM

El Paso Electric NM is one of the major electric utilities serving New Mexico. With 100,000 customers, it ranks among the smaller utilities in the state.

The utility's average rate of 14.80¢/kWh is 14.1% below the national average of 17.22¢/kWh.

Visit the official El Paso Electric NM website for current rates, outage maps, and payment options.

Other Utilities in New Mexico

UtilityRate (¢/kWh)CustomersType
PNM15.34¢540,000electric

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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)