New Mexico vs Oklahoma electricity prices: 14.85 ¢ against 13.21 ¢ per kWh
31 places apart: New Mexico #42, Oklahoma #11 of 51, the widest of 30 measures. time-of-use utilities New Mexico 73%, Oklahoma 27%; smart meters, share of homes New Mexico 28%, Oklahoma 93%. Typical bills differ by $46 a month, higher in Oklahoma.
Over a year the typical energy bill differs by $550 ($95 a month in New Mexico, $141 in Oklahoma). Since 2015 the home price rose +19.1% in New Mexico and +30.3% in Oklahoma: 11.2 points more in Oklahoma. Against the U.S. home average New Mexico sits at -13.8% and Oklahoma at -23.3%.
New Mexico against Oklahoma: widest gaps
| Measure | New Mexico | Oklahoma | Gap | Rank (of 51) |
|---|---|---|---|---|
| Bill as share of income | 1.83% | 2.65% | -0.8 points | #42 / #11 |
| Time-of-use utilities | 73% | 27% | +45.5 points | #8 / #38 |
| Smart meters, share of homes | 28% | 93% | -64.4 points | #47 / #18 |
| Average home use, kWh a month | 638 | 1,064 | -427 | #42 / #14 |
| Heat pump saving on gas | -45% | +12% | -56.9 points | #39 / #13 |
| Heat pump break-even COP | 4.36 | 2.65 | +1.71 | #7 / #33 |
| Typical monthly bill, energy only | $95 | $141 | -$46 | #51 / #29 |
| Home solar per 1,000 accounts | 53.6 | 10.5 | +43 | #10 / #32 |
| Solar value of 1 kW | $265 | $197 | +$67 | #15 / #36 |
| Price change since 2015 | +19% | +30% | -11.2 points | #46 / #29 |
30 measures compared for New Mexico and Oklahoma; the CSV holds the 10 widest.
CSVNew Mexico and Oklahoma: price over time
Home price, New Mexico and Oklahoma, 2010 to 2025: 16 rows
| Year | New Mexico | Oklahoma | Gap to U.S. |
|---|---|---|---|
| 2010 | 10.52 | 9.14 | -1.02 |
| 2011 | 11.00 | 9.47 | -0.72 |
| 2012 | 11.37 | 9.51 | -0.51 |
| 2013 | 11.68 | 9.67 | -0.45 |
| 2014 | 12.28 | 10.03 | -0.24 |
| 2015 | 12.47 | 10.14 | -0.18 |
| 2016 | 12.03 | 10.20 | -0.52 |
| 2017 | 12.88 | 10.61 | -0.01 |
| 2018 | 12.68 | 10.30 | -0.19 |
| 2019 | 12.51 | 10.21 | -0.50 |
| 2020 | 12.94 | 10.12 | -0.21 |
| 2021 | 13.52 | 11.00 | -0.14 |
| 2022 | 13.84 | 12.44 | -1.20 |
| 2023 | 13.85 | 12.08 | -2.15 |
| 2024 | 14.20 | 12.24 | -2.28 |
| 2025 | 14.85 | 13.21 | -2.38 |
New Mexico 10.52 to 14.85 ¢ and Oklahoma 9.14 to 13.21 ¢ between 2010 and 2025 (EIA).
CSVTypical bill by month, New Mexico and Oklahoma: 12 rows
| Month | New Mexico | Oklahoma |
|---|---|---|
| Jan | 98 | 150 |
| Feb | 81 | 130 |
| Mar | 76 | 103 |
| Apr | 70 | 97 |
| May | 76 | 112 |
| Jun | 111 | 165 |
| Jul | 136 | 206 |
| Aug | 136 | 201 |
| Sep | 107 | 162 |
| Oct | 81 | 130 |
| Nov | 76 | 101 |
| Dec | 88 | 128 |
Monthly typical bill: $70 to $136 in New Mexico, $97 to $206 in Oklahoma.
CSVYour bill in New Mexico and in Oklahoma
New Mexico and Oklahoma on the map
Where New Mexico and Oklahoma are alike
- Median household income: $62,125 and $63,603
- Renewable share of generation: 52.9% and 45.3%
- Industry price 2025, ¢/kWh: 5.85 and 6.14
- Wind share of generation: 36.5% and 41.5%
Sources and dates: data sources.
Questions
Is New Mexico or Oklahoma higher on bill as share of income?
Oklahoma, by 0.8 points; they rank #42 and #11 of 51.
Is New Mexico or Oklahoma higher on time-of-use utilities?
New Mexico, by 45.5 points; they rank #8 and #38 of 51.
Is New Mexico or Oklahoma higher on smart meters?
Oklahoma, by 64.4 points; they rank #47 and #18 of 51.
Is New Mexico or Oklahoma higher on average home use?
Oklahoma, by 427; they rank #42 and #14 of 51.
Is New Mexico or Oklahoma higher on heat pump saving on gas?
Oklahoma, by 56.9 points; they rank #39 and #13 of 45.
What would 874 kWh a month cost in New Mexico and in Oklahoma?
New Mexico $130, Oklahoma $115: $14 apart, energy only.
Where do New Mexico and Oklahoma match most closely?
median household income ($62,125 and $63,603); renewable share of generation (52.9% and 45.3%); industry price 2025, ¢/kWh (5.85 and 6.14).