Public Service Co of NM
3 residential tariffs on file in NM, ranging from $0.1438 to $0.2020 per kWh at 1,000 kWh a month.
The gap between this utility's cheapest and most expensive residential tariff is $699 a year for a household using 1,000 kWh a month. Tariffs are not always open to everyone — some require electric heating, a demand meter or program enrollment — so check eligibility with the utility before switching.
Residential tariffs
| Tariff | Structure | Filed | Fixed/mo | $/kWh @1,000 | Annual |
|---|---|---|---|---|---|
| 1A (Residential Whole House Electric Vehicle Rate Pilot) | Time-of-use + tiered | 2025 | $12.79 | $0.1438 | $1,725.57 |
| 1A (Residential Service) | Time-of-use + tiered | 2025 | $12.79 | $0.1768 | $2,121.38 |
| 1B (Residential Service Time-Of-Use) | Time-of-use | 2025 | $30.99 | $0.2020 | $2,424.51 |
Solar and net metering
Public Service Co of NM reports 44,953 residential solar installations to the EIA, totalling 281.1 MW. That means exported power is likely to earn something here, though what an exported kWh is worth depends on state rules rather than on the tariff in most cases.
For reference, Public Service Co of NM collected an average of $0.1557 per kWh from residential customers in the most recent EIA survey, across all its tariffs and all usage levels. A single tariff priced at 1,000 kWh a month will differ from that blended figure.