Cost to Run a Electric Oven in New Mexico
New Mexico's average residential electricity rate is 15.2¢/kWh as of April 2026 — the 17th cheapest in the country, 19% below the U.S. average. At typical usage (1 hour/day), a electric oven here costs $11.09 per month.
Per hour
$0.36
at 2,000–5,000 W
Per day
$0.36
1 hour/day
Per month
$11.09
73 kWh
Per year
$133
876 kWh
By usage level in New Mexico
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (0.5 hrs/day) | $0.18 | $5.54 | $66.58 |
| Typical (1 hrs/day) | $0.36 | $11.09 | $133 |
| Heavy (2 hrs/day) | $0.73 | $22.18 | $266 |
New Mexico vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a electric oven in New Mexico?
At New Mexico's current average residential rate of 15.2¢/kWh (April 2026), a electric oven with typical usage costs about $0.36 per day, $11.09 per month, or $133 per year.
Is running a electric oven in New Mexico more expensive than average?
No — it's cheaper. New Mexico's rate is about 19% below the U.S. average: $11.09 per month here versus $13.72 nationally.
What does electricity cost in New Mexico right now?
New Mexico residents pay an average of 15.2¢ per kWh as of April 2026 — the 17th cheapest rate of the 51 U.S. jurisdictions we track.