US Energy Price Monitorby KadoaUpdated weeklyStar on GitHub

NewInsight: Investor-owned utilities charge 23% more for power

New Mexico

City of Farmington electricity rates

What homes pay City of Farmington for electricity, from EIA.

Municipal utility, 36,590 homes in New Mexico. EIA lists it as City of Farmington - (NM).

Headlines

Average price
13.1¢ a kWh
Up 2.2% on a year ago
Average bill
$84 a month
Down 0.1% on a year ago
Average use
644 kWh
A month. New Mexico 653 kWh
Price rank in New Mexico
2 of 4
1 is the most expensive

Over the 12 months to August 2026, City of Farmington homes paid 13.1¢ a kWh, against 15.3¢ across New Mexico.

City of Farmington vs New Mexico

City of FarmingtonNew Mexico
Average price, 12 months to August 202613.1¢15.3¢
Price in August 202612.3¢16.5¢
Average monthly bill, 12 months$84$100
Bill in August 2026$114$162
Average monthly use644 kWh653 kWh
Price change, past year+2.2%+5.0%
Price change since 2019+19%+22%

Electricity price

Average residential price a kilowatt-hour, by month.

Up to and including August 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 August 2026

Source: EIA-861M monthly utility survey.