Electricity rates in South Valley, New Mexico
South Valley, NM ranks 1st of 10 New Mexico cities for the oldest homes (median year built 1968). South Valley, New Mexico has 36,605 residents in 13,093 households; 15.6% heat with electricity.
South Valley is a census-designated place, a Census Bureau statistical area and not an incorporated city; the figures describe South Valley as the Bureau draws it.
South Valley on the map
Bernalillo County, with South Valley marked
Housing and heating in South Valley
South Valley, NM: 9,485 of 14,114 homes were built before 1980 and 1,372 in 2000 or later. South Valley, NM has 10,929 detached houses, 465 homes in 5+ unit buildings and 1,958 mobile homes.
Age of homes in South Valley, NM
% of homes by decade built, South Valley, NM
- 8pre-40
- 940s
- 1750s
- 1960s
- 1470s
- 1080s
- 1390s
- 600s
- 310s
- 120+
Heating fuel in South Valley, NM
| South Valley, NM | Value | County | Gap | Rank (1 = highest) |
|---|---|---|---|---|
| South Valley, NM, median year built | 1968 | 1982 | -14 years | 9 of 10 |
| South Valley, NM, built before 1980 | 67.2% | 47.8% | +19.4 points | 2 of 10 |
| South Valley, NM, built 2000 or later | 9.7% | 23.0% | -13.3 points | 9 of 10 |
| South Valley, NM, detached houses | 77.4% | 64.3% | +13.1 points | 2 of 10 |
| South Valley, NM, apartments in 5+ unit buildings | 3.3% | 18.1% | -14.8 points | 10 of 10 |
| South Valley, NM, mobile homes | 13.9% | 5.4% | +8.5 points | 3 of 10 |
| South Valley, NM, renter households | 24.2% | 35.7% | -11.6 points | 9 of 10 |
| South Valley, NM, median home value | $205,200 | $268,500 | -$63,300 | 5 of 10 |
| South Valley, NM, median gross rent a month | $942 | $1,087 | -$145 | 8 of 10 |
| South Valley, NM, people per household | 2.75 | 2.34 | +0.41 | 2 of 10 |
Facts about South Valley
- Residents of South Valley, NM, ACS 2023
- 36,6058 of 10 New Mexico cities with 30,000+
- Median household income in South Valley, NM
- $51,0629 of 10 of those cities
- Households in South Valley, NM
- 13,0932.80 people each
- Owner-occupied homes in South Valley, NM
- 75.8%9,929 owners and 3,164 renter households
- Housing units in South Valley, NM
- 14,1141,021 vacant or seasonal
- Homes heated by electricity in South Valley, NM
- 15.6%2,037 of 13,093 homes
- Land area of South Valley, NM
- 29.0 sq mi1,261.4 people per sq mi
- Bill as share of income in South Valley, NM
- 2.4% to 2.6%at 654 kWh a month over the $51,062 median household income
- Wind and tornado reports within 15 miles of South Valley, NM
- 53NWS point reports 2015 to 2025, 144.8 per 100,000 residents
- Median year homes were built in South Valley, NM
- 19689,485 of 14,114 homes (67.2%) before 1980
- Median home value and rent in South Valley, NM
- $205,200$942 gross rent a month, 5.51% of value a year
Electricity price since 2015 around South Valley
Public Service Co of NM charged South Valley homes 13.41 ¢/kWh in 2015. South Valley: 15.57 ¢ in 2024, 16% up. South Valley: against 14% up for the New Mexico average.
South Valley: a 654 kWh month at that price. South Valley: $88 in 2015, $102 in 2024. South Valley: $1,222 a year, 2.4% of the $51,062 median income.
South Valley: 10 yearly prices
| Year | Public Service Co of NM, South Valley | South Valley: Gap to New Mexico average | South Valley: Gap to U.S. average |
|---|---|---|---|
| 2015, South Valley | 13.41 | +0.94 | +0.76 |
| 2016, South Valley | 12.36 | +0.33 | -0.19 |
| 2017, South Valley | 13.37 | +0.49 | +0.48 |
| 2018, South Valley | 13.32 | +0.64 | +0.45 |
| 2019, South Valley | 13.26 | +0.75 | +0.25 |
| 2020, South Valley | 14.04 | +1.10 | +0.89 |
| 2021, South Valley | 14.52 | +1.00 | +0.86 |
| 2022, South Valley | 14.39 | +0.55 | -0.65 |
| 2023, South Valley | 15.21 | +1.36 | -0.79 |
| 2024, South Valley | 15.57 | +1.37 | -0.91 |
South Valley, NM: EIA-861 home prices, 2015 to 2024, not a South Valley, NM price.
CSVOutage risk around South Valley
South Valley, NM, NWS reports within 15 miles of the center, 2015 to 2025: 49 wind and 4 tornado, 144.8 per 100,000 residents of 36,605. Top gust near South Valley, NM: 60 knots, 69 mph. Damage near South Valley, NM: $212K.
Reports within 15 miles of South Valley, NM
wind and tornado reports, South Valley, NM
- 3'15
- 2'16
- 5'17
- 9'18
- 7'19
- 5'20
- 4'21
- 3'22
- 1'23
- 7'24
- 7'25
| South Valley, NM | Wind | Tornado | Total |
|---|---|---|---|
| South Valley, NM, 2015 | 3 | 0 | 3 |
| South Valley, NM, 2016 | 2 | 0 | 2 |
| South Valley, NM, 2017 | 5 | 0 | 5 |
| South Valley, NM, 2018 | 9 | 0 | 9 |
| South Valley, NM, 2019 | 7 | 0 | 7 |
| South Valley, NM, 2020 | 4 | 1 | 5 |
| South Valley, NM, 2021 | 4 | 0 | 4 |
| South Valley, NM, 2022 | 3 | 0 | 3 |
| South Valley, NM, 2023 | 0 | 1 | 1 |
| South Valley, NM, 2024 | 7 | 0 | 7 |
| South Valley, NM, 2025 | 5 | 2 | 7 |
Cost of living with electricity in South Valley
South Valley, NM: 13,093 households at $872 a year per home for electricity (Bernalillo County average, DOE LEAD) come to about $11.4 million, an estimate; all home energy is $1,493 a year per household.
| Group in South Valley, NM | Households | Power per home | Power bill of the group | Share of South Valley, NM median income |
|---|---|---|---|---|
| South Valley, NM, all households | 13,093 | $872 | $11.4 million | 1.71% |
| South Valley, NM, homeowners | 9,929 | $1,028 | $10.2 million | 2.01% |
| South Valley, NM, renters | 3,164 | $601 | $1.9 million | 1.18% |
Who lives in South Valley: income, cars, homes
In South Valley, NM, 1,339 of 2,703 renter households pay 30% or more of income in rent; 2,955 households moved in since 2018 and 4,781 before 2000, so electric accounts turn over slowly. In South Valley, NM, 4,778 of 13,093 households earn under $35,000, 3,776 $35,000-$75,000, 3,371 $75,000-$150,000 and 1,168 $150,000 or more. In South Valley, NM, 811 households own no vehicle and 8,787 own two or more; home EV charging depends on that. South Valley, NM homes: 8,566 have 3+ bedrooms, 1,406 none or one, median 5.6 rooms. Of 15,083 workers in South Valley, NM, 1,058 work from home, 11,752 drive alone, 42 ride transit and 139 walk. 6,982 residents of South Valley, NM live below the poverty line, and the median age is 40.5.
Household income in South Valley, NM
| South Valley, NM | Value | Rank in New Mexico (1 = highest) |
|---|---|---|
| South Valley, NM, households under $35,000 | 36.5% | 2 of 10 |
| South Valley, NM, households $150,000 or more | 8.9% | 9 of 10 |
| South Valley, NM, residents below poverty | 19.2% | 5 of 10 |
| South Valley, NM, median age | 40.5 | 2 of 10 |
| South Valley, NM, homes with 3+ bedrooms | 60.7% | 8 of 10 |
| South Valley, NM, households without a vehicle | 6.2% | 5 of 10 |
| South Valley, NM, households with 2+ vehicles | 67.1% | 2 of 10 |
| South Valley, NM, workers at home | 7.0% | 4 of 10 |
| South Valley, NM, cost-burdened renters | 49.5% | 5 of 10 |
| South Valley, NM, moved in since 2018 | 22.6% | 10 of 10 |
| South Valley, NM, moved in before 2000 | 36.5% | 1 of 10 |
Climate and electric heating around South Valley
South Valley is in Bernalillo County, NM. South Valley: degree days are county values.
South Valley: 4,800 heating degree days a year. South Valley: 844 cooling degree days a year.
| South Valley | County value |
|---|---|
| South Valley, heating degree days, 1991-2020 normal | 4,800 |
| South Valley, heating degree days, 2016-2025 mean | 4,537 |
| South Valley, cooling degree days, 1991-2020 normal | 844 |
| South Valley, cooling degree days, 2016-2025 mean | 1,005 |
| South Valley, homes heated with electricity, ACS 2019-2023 | 19.6% |
South Valley: NOAA nClimDiv 7 Oct 2026; ACS B25040.
Who supplies South Valley
Bernalillo County lists 3 utilities for South Valley, NM (36,605 residents): homes pay 15.57 to 17.16 cents per kWh, about $102 to $112 a month at 654 kWh, 2.4% to 2.6% of the $51,062 South Valley median income. Bernalillo County page.
Analyst note on South Valley
Household income in South Valley, NM is $51,062; 9,929 of its 13,093 households own. South Valley, NM counts 36,605 residents in 13,093 households, on 29.0 square miles. 2,037 of the 13,093 occupied homes in South Valley, NM heat with electricity.
South Valley, NM has 14,114 housing units, 1,021 of them vacant or seasonal. South Valley, NM ranks 2nd of 10 New Mexico cities for the lowest share of renters (24%). South Valley, NM ranks 2nd of 10 New Mexico cities for the lowest median household income ($51,062).
South Valley, NM ranks 2nd of 10 New Mexico cities for the oldest residents (median age 40.5).
Bill and heat pump calculator, South Valley
Compare South Valley with nearby cities
| City near South Valley, NM | Distance from South Valley | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| South Valley, NM (this page) | 0 mi | 36,605 | $51,062 | 1968 | $205,200 | 53 | 7.0% |
| Albuquerque, NM | 6.9 mi north | 562,488 (+525,883) | $65,604 (+$14,542) | 1982 (+14 yr) | $266,700 (+$61,500) | 61 (+8) | 12.8% (+5.8 pts) |
| Rio Rancho, NM | 19.1 mi north | 106,533 (+69,928) | $85,755 (+$34,693) | 2000 (+32 yr) | $273,300 (+$68,100) | 33 (-20) | 13.8% (+6.8 pts) |
| Santa Fe, NM | 60.0 mi northeast | 88,224 (+51,619) | $70,110 (+$19,048) | 1985 (+17 yr) | $411,500 (+$206,300) | 9 (-44) | 16.2% (+9.1 pts) |
| Farmington, NM | 146.9 mi northwest | 46,339 (+9,734) | $63,745 (+$12,683) | 1982 (+14 yr) | $225,400 (+$20,200) | 25 (-28) | 5.0% (-2.0 pts) |
| Alamogordo, NM | 152.5 mi south | 31,063 (-5,542) | $52,515 (+$1,453) | 1979 (+11 yr) | $163,600 (-$41,600) | 25 (-28) | 6.5% (-0.5 pts) |
ZIP codes in South Valley
| ZIP area touching South Valley, NM | Share of the ZIP's land inside South Valley | Share of South Valley's land in the ZIP |
|---|---|---|
| 87105 (South Valley, NM) | 70.5% | 97.6% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
New Mexico: home prices since 2001, planned plants.
Questions on South Valley
South Valley: what is the electricity rate?
South Valley, NM has no price of its own; its 36,605 residents are served by one of 3 utilities, and a 654 kWh month costs $102 to $112.
South Valley: how does it rank among New Mexico cities?
South Valley, NM: rank 8 of 10 by its 36,605 residents, rank 9 of 10 by $51,062 median income.
South Valley: how many homes heat with electricity?
South Valley, NM: 2,037 of 13,093 occupied homes, 15.6%; Bernalillo County 19.6%.
South Valley: how much income goes to electricity?
At 654 kWh a month, 2.4% to 2.6% of the $51,062 median income in South Valley, NM.
South Valley: damaging storms reported nearby?
53 NWS wind and tornado reports within 15 miles of the center of South Valley, NM, 2015 to 2025, 144.8 per 100,000 residents.
How old are the homes in South Valley?
South Valley, NM: median home built 1968; 9,485 of 14,114 homes (67.2%) predate 1980, 10,929 are detached and 465 sit in buildings of 5+ units.
How many South Valley, NM renters struggle with rent?
1,339 of 2,703 renter households pay 30% or more of income in rent.
How many households in South Valley, NM earn under $35,000?
4,778 of 13,093, against 1,168 at $150,000 or more.
How many South Valley, NM households have no car?
811 households; 8,787 have two or more.