Florida vs New Mexico electricity prices: 15.24 ¢ against 15.08 ¢ per kWh
44 places apart: Florida #7, New Mexico #51 of 51, the widest of 30 measures. wind share of generation Florida 0.0%, New Mexico 36.5%; smart meters, share of homes Florida 94%, New Mexico 28%. Typical bills differ by $69 a month, higher in Florida.
Over a year the typical energy bill differs by $827 ($167 a month in Florida, $99 in New Mexico). Since 2015 the home price rose +31.6% in Florida and +20.9% in New Mexico: 10.7 points more in Florida. Against the U.S. home average Florida sits at -11.9% and New Mexico at -12.8%.
Florida against New Mexico: widest gaps
| Measure | Florida | New Mexico | Gap | Rank (of 51) |
|---|---|---|---|---|
| Typical monthly bill, energy only | $167 | $99 | +$69 | #7 / #51 |
| Wind share of generation | 0.0% | 36.5% | -36.5 points | #46 / #5 |
| Smart meters, share of homes | 94% | 28% | +66.1 points | #9 / #47 |
| Heat pump saving on gas | +42% | -47% | +90.0 points | #1 / #39 |
| Heat pump break-even COP | 1.73 | 4.42 | -2.70 | #45 / #7 |
| Outage minutes a year, SAIDI | 67 | 172 | -105 | #46 / #11 |
| Petroleum share of generation | 0.5% | 0.0% | +0.5 points | #15 / #50 |
| Average home use, kWh a month | 1,099 | 654 | +445 | #7 / #40 |
| Major-event outage minutes | 1430 | 95 | +1,336 | #3 / #36 |
| Bill as share of income | 2.80% | 1.90% | +0.9 points | #9 / #40 |
30 measures compared for Florida and New Mexico; the CSV holds the 10 widest.
CSVFlorida and New Mexico: price over time
Home price, Florida and New Mexico, 2010 to 2025: 16 rows
| Year | Florida | New Mexico | Gap to U.S. |
|---|---|---|---|
| 2010 | 11.44 | 10.52 | -0.10 |
| 2011 | 11.51 | 11.00 | -0.21 |
| 2012 | 11.42 | 11.37 | -0.46 |
| 2013 | 11.27 | 11.68 | -0.86 |
| 2014 | 11.89 | 12.28 | -0.63 |
| 2015 | 11.58 | 12.47 | -1.07 |
| 2016 | 10.98 | 12.03 | -1.57 |
| 2017 | 11.61 | 12.88 | -1.28 |
| 2018 | 11.54 | 12.68 | -1.33 |
| 2019 | 11.70 | 12.51 | -1.31 |
| 2020 | 11.27 | 12.94 | -1.88 |
| 2021 | 11.90 | 13.52 | -1.76 |
| 2022 | 13.90 | 13.84 | -1.14 |
| 2023 | 15.21 | 13.85 | -0.79 |
| 2024 | 14.14 | 14.20 | -2.34 |
| 2025 | 15.24 | 15.08 | -2.06 |
Florida 11.44 to 15.24 ¢ and New Mexico 10.52 to 15.08 ¢ between 2010 and 2025 (EIA).
CSVTypical bill by month, Florida and New Mexico: 12 rows
| Month | Florida | New Mexico |
|---|---|---|
| Jan | 152 | 101 |
| Feb | 140 | 86 |
| Mar | 130 | 80 |
| Apr | 144 | 73 |
| May | 173 | 79 |
| Jun | 200 | 116 |
| Jul | 214 | 141 |
| Aug | 222 | 141 |
| Sep | 194 | 111 |
| Oct | 172 | 85 |
| Nov | 136 | 79 |
| Dec | 134 | 92 |
Monthly typical bill: $130 to $222 in Florida, $73 to $141 in New Mexico.
CSVYour bill in Florida and in New Mexico
Florida and New Mexico on the map
Where Florida and New Mexico are alike
- Business price 2025, ¢/kWh: 11.47 and 11.23
- Home price 2025, ¢/kWh: 15.24 and 15.08
- CO2 per MWh of generation, lb: 787 and 770
Sources and dates: data sources.
Questions
Is Florida or New Mexico higher on typical monthly bill?
Florida, by $69; they rank #7 and #51 of 51.
Is Florida or New Mexico higher on wind share of generation?
New Mexico, by 36.5 points; they rank #46 and #5 of 51.
Is Florida or New Mexico higher on smart meters?
Florida, by 66.1 points; they rank #9 and #47 of 51.
Is Florida or New Mexico higher on heat pump saving on gas?
Florida, by 90.0 points; they rank #1 and #39 of 45.
Is Florida or New Mexico higher on heat pump break-even COP?
New Mexico, by 2.70; they rank #45 and #7 of 45.
What would 878 kWh a month cost in Florida and in New Mexico?
Florida $134, New Mexico $132: $1 apart, energy only.
Where do Florida and New Mexico match most closely?
business price 2025, ¢/kWh (11.47 and 11.23); home price 2025, ¢/kWh (15.24 and 15.08); CO2 per mwh of generation, lb (787 and 770).