New Mexico vs Oklahoma electricity prices: 15.08 ¢ against 13.12 ¢ per kWh
30 places apart: New Mexico #8, Oklahoma #38 of 51, the widest of 30 measures. smart meters, share of homes New Mexico 28%, Oklahoma 93%; average home use, kWh a month New Mexico 654, Oklahoma 1,071. Typical bills differ by $42 a month, higher in Oklahoma.
Over a year the typical energy bill differs by $502 ($99 a month in New Mexico, $140 in Oklahoma). Since 2015 the home price rose +20.9% in New Mexico and +29.4% in Oklahoma: 8.5 points more in Oklahoma. Against the U.S. home average New Mexico sits at -12.8% and Oklahoma at -24.2%.
New Mexico and Oklahoma on the map
New Mexico against Oklahoma: widest gaps
| Measure | New Mexico | Oklahoma | Gap | Rank (of 51) |
|---|---|---|---|---|
| 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 | 654 | 1,071 | -417 | #40 / #13 |
| Bill as share of income | 1.90% | 2.65% | -0.7 points | #40 / #13 |
| Heat pump saving on gas | -47% | +12% | -59.8 points | #39 / #12 |
| Heat pump break-even COP | 4.42 | 2.63 | +1.79 | #7 / #34 |
| Solar value of 1 kW | $269 | $196 | +$73 | #13 / #36 |
| Home solar per 1,000 accounts | 53.6 | 10.5 | +43 | #10 / #32 |
| Typical monthly bill, energy only | $99 | $140 | -$42 | #51 / #30 |
| Cooling degree-days, normal year | 833 | 1,922 | -1,089 | #23 / #6 |
30 measures compared for New Mexico and Oklahoma; the CSV holds the 10 widest.
CSVYour bill in New Mexico and in Oklahoma
New 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 | 15.08 | 13.12 | -2.22 |
New Mexico 10.52 to 15.08 ¢ and Oklahoma 9.14 to 13.12 ¢ between 2010 and 2025 (EIA).
CSVWhere 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: 5.90 and 6.15
- Wind share of generation: 36.5% and 41.5%
Sources and dates: data sources.
Questions
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 417; they rank #40 and #13 of 51.
Is New Mexico or Oklahoma higher on bill as share of income?
Oklahoma, by 0.7 points; they rank #40 and #13 of 51.
Is New Mexico or Oklahoma higher on heat pump saving on gas?
Oklahoma, by 59.8 points; they rank #39 and #12 of 45.
What would 878 kWh a month cost in New Mexico and in Oklahoma?
New Mexico $132, Oklahoma $115: $17 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 (5.90 and 6.15).