Colorado vs New Mexico electricity prices: 15.69 ¢ against 14.85 ¢ per kWh
36 places apart: Colorado #10, New Mexico #46 of 51, the widest of 30 measures. industry price 2025, ¢/kWh Colorado 9.02, New Mexico 5.85; smart meters, share of homes Colorado 92%, New Mexico 28%. Typical bills differ by $9 a month, higher in Colorado.
Over a year the typical energy bill differs by $104 ($103 a month in Colorado, $95 in New Mexico). Since 2015 the home price rose +29.5% in Colorado and +19.1% in New Mexico: 10.4 points more in Colorado. Against the U.S. home average Colorado sits at -8.9% and New Mexico at -13.8%.
Colorado against New Mexico: widest gaps
| Measure | Colorado | New Mexico | Gap | Rank (of 51) |
|---|---|---|---|---|
| Median household income | $92,470 | $62,125 | +$30,345 | #10 / #46 |
| Industry price 2025, ¢/kWh | 9.02 | 5.85 | +3.17 ¢ | #19 / #51 |
| Smart meters, share of homes | 92% | 28% | +64.1 points | #19 / #47 |
| Heating degree-days, normal year | 7,053 | 4,462 | +2,591 | #10 / #32 |
| Cooling degree-days, normal year | 328 | 1,002 | -674 | #41 / #20 |
| Hydro share of generation | 3.0% | 0.3% | +2.7 points | #22 / #41 |
| Outage minutes a year, SAIDI | 119 | 172 | -53 | #29 / #11 |
| Homes on retail supply | 0.0% | 0.0% | +0.0 points | #20 / #38 |
| Price change since 2015 | +29% | +19% | +10.4 points | #30 / #46 |
| Nuclear share of generation | 0.0% | 0.0% | +0.0 points | #30 / #42 |
30 measures compared for Colorado and New Mexico; the CSV holds the 10 widest.
CSVColorado and New Mexico: price over time
Home price, Colorado and New Mexico, 2010 to 2025: 16 rows
| Year | Colorado | New Mexico | Gap to U.S. |
|---|---|---|---|
| 2010 | 11.04 | 10.52 | -0.50 |
| 2011 | 11.27 | 11.00 | -0.45 |
| 2012 | 11.46 | 11.37 | -0.42 |
| 2013 | 11.93 | 11.68 | -0.20 |
| 2014 | 12.18 | 12.28 | -0.34 |
| 2015 | 12.12 | 12.47 | -0.53 |
| 2016 | 12.07 | 12.03 | -0.48 |
| 2017 | 12.17 | 12.88 | -0.72 |
| 2018 | 12.15 | 12.68 | -0.72 |
| 2019 | 12.18 | 12.51 | -0.83 |
| 2020 | 12.36 | 12.94 | -0.79 |
| 2021 | 13.07 | 13.52 | -0.59 |
| 2022 | 14.19 | 13.84 | -0.85 |
| 2023 | 14.30 | 13.85 | -1.70 |
| 2024 | 14.92 | 14.20 | -1.56 |
| 2025 | 15.69 | 14.85 | -1.54 |
Colorado 11.04 to 15.69 ¢ and New Mexico 10.52 to 14.85 ¢ between 2010 and 2025 (EIA).
CSVTypical bill by month, Colorado and New Mexico: 12 rows
| Month | Colorado | New Mexico |
|---|---|---|
| Jan | 108 | 98 |
| Feb | 92 | 81 |
| Mar | 89 | 76 |
| Apr | 83 | 70 |
| May | 87 | 76 |
| Jun | 110 | 111 |
| Jul | 141 | 136 |
| Aug | 139 | 136 |
| Sep | 108 | 107 |
| Oct | 92 | 81 |
| Nov | 89 | 76 |
| Dec | 102 | 88 |
Monthly typical bill: $83 to $141 in Colorado, $70 to $136 in New Mexico.
CSVYour bill in Colorado and in New Mexico
Colorado and New Mexico on the map
Where Colorado and New Mexico are alike
- Average home use, kWh a month: 658 and 638
- Solar value of 1 kW: $241 and $265
- Typical monthly bill, energy only: $103 and $95
- Wind share of generation: 30.1% and 36.5%
- Time-of-use utilities: 75% and 73%
Sources and dates: data sources.
Questions
Is Colorado or New Mexico higher on median household income?
Colorado, by $30,345; they rank #10 and #46 of 51.
Is Colorado or New Mexico higher on industry price 2025?
Colorado, by 3.17 ¢; they rank #19 and #51 of 51.
Is Colorado or New Mexico higher on smart meters?
Colorado, by 64.1 points; they rank #19 and #47 of 51.
Is Colorado or New Mexico higher on heating degree-days?
Colorado, by 2,591; they rank #10 and #32 of 48.
Is Colorado or New Mexico higher on cooling degree-days?
New Mexico, by 674; they rank #41 and #20 of 48.
What would 874 kWh a month cost in Colorado and in New Mexico?
Colorado $137, New Mexico $130: $7 apart, energy only.
Where do Colorado and New Mexico match most closely?
average home use, kWh a month (658 and 638); solar value of 1 kw ($241 and $265); typical monthly bill, energy only ($103 and $95).