Cost to Run a Electric Oven in New Mexico
New Mexico's average residential electricity rate is 16.1¢/kWh as of July 2026 — the 26th cheapest in the country, 12% below the U.S. average. At typical usage (1 hour/day), a electric oven here costs $11.75 per month.
Per hour
$0.39
at 2,000–5,000 W
Per day
$0.39
1 hour/day
Per month
$11.75
73 kWh
Per year
$141
876 kWh
By usage level in New Mexico
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (0.5 hrs/day) | $0.19 | $5.87 | $70.52 |
| Typical (1 hrs/day) | $0.39 | $11.75 | $141 |
| Heavy (2 hrs/day) | $0.77 | $23.49 | $282 |
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 16.1¢/kWh (July 2026), a electric oven with typical usage costs about $0.39 per day, $11.75 per month, or $141 per year.
Is running a electric oven in New Mexico more expensive than average?
No — it's cheaper. New Mexico's rate is about 12% below the U.S. average: $11.75 per month here versus $13.35 nationally.
What does electricity cost in New Mexico right now?
New Mexico residents pay an average of 16.1¢ per kWh as of July 2026 — the 26th cheapest rate of the 51 U.S. jurisdictions we track.