⚡ US Energy Price Monitorby KadoaUpdated weekly

El Paso Electric electricity rates

What homes pay El Paso Electric for electricity, from EIA.

Investor-owned utility, 98,819 homes in New Mexico. EIA lists it as El Paso Electric Co.

Download CSV (gzip)

Headlines

Average price
9.9¢ a kWh
Down 6.0% on a year ago
Average bill
$73 a month
Down 5.9% on a year ago
Average use
739 kWh
A month. New Mexico 649 kWh
Price rank in New Mexico
4 of 4
1 is the most expensive

Over the 12 months to July 2026, El Paso Electric homes paid 9.9¢ a kWh, against 15.3¢ across New Mexico.

El Paso Electric vs New Mexico

El Paso ElectricNew Mexico
Average price, 12 months to July 20269.9¢15.3¢
Price in July 202611.2¢16.1¢
Average monthly bill, 12 months$73$99
Bill in July 2026$136$152
Average monthly use739 kWh649 kWh
Price change, past year-6.0%+4.9%
Price change since 2019-5.6%+22%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including July 2026

Source: EIA-861M monthly utility survey. Revenue over kilowatt-hours sold, including fixed charges.

Average monthly bill

What an average home pays a month.

Up to and including July 2026

Source: EIA-861M monthly utility survey.