Energy costs in Albuquerque, NM
Energy prices are published by state, not by city, so the rates and bills below are New Mexico figures and apply to Albuquerque the same as anywhere else in the state. The solar production is different: that is modelled for Albuquerque's own coordinates, and it varies a lot within a single state.
Solar at Albuquerque's coordinates
10,674kWh a year from 6 kW
That is close to the New Mexico average, so the state figure would not have misled you here. At 14.12¢ a kilowatt hour it pays back in about 7.9 years with full net metering.
Electricity · New Mexico
14.12¢
per kWh, statewide ›
Typical bill · New Mexico
$98
a month, statewide ›
Air conditioning
$229
a year, statewide ›
Heating
$911
a season, statewide ›
Common questions
What is the electricity rate in Albuquerque?
14.12¢ per kilowatt hour. That is the New Mexico residential average from the EIA — rates are published per state, not per city, so it applies across Albuquerque and the rest of New Mexico alike.
What is the average electric bill in Albuquerque?
About $98 a month for a typical New Mexico household. Again this is a state figure: EIA reports revenue and customer counts by state, so a city-level bill would be an invention.
Is solar worth it in Albuquerque?
A 6 kW system at Albuquerque's coordinates is modelled at about 10,674 kilowatt hours a year, which pays for itself in roughly 7.9 years at New Mexico electricity prices with full net metering. This one is genuinely local — production is modelled for this point, not the state.
Everything for New Mexico
Rates, bills, heating, cooling and solar for the whole state, with the working behind each figure.
New Mexico energy costsCoordinates from the US Census Bureau place gazetteer. Solar production modelled by NREL PVWatts for those coordinates, south-facing at 20°. Prices from the US Energy Information Administration, residential sector, 2026-05, published per state.