Billowatt

Cost to Run a EV Charging (Level 2, Home) 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 (7 uses/week at 10 kWh each), a ev charging (level 2, home) here costs $46.21 per month.

Per use

$1.52

10 kWh per use

Per day

$1.52

7 uses/week at 10 kWh each

Per month

$46.21

304 kWh

Per year

$555

3,650 kWh

By usage level in New Mexico

Usage Per day Per month Per year
Light (4×/week) $0.76 $23.10 $277
Typical (7×/week) $1.52 $46.21 $555
Heavy (14×/week) $3.04 $92.42 $1,110

New Mexico vs. the rest of the country

Monthly cost at typical usage.

New Mexico $46.21
West average $59.77
U.S. average $57.15

Frequently asked questions

How much does it cost to run a ev charging (level 2, home) in New Mexico?

At New Mexico's current average residential rate of 15.2¢/kWh (April 2026), a ev charging (level 2, home) with typical usage costs about $1.52 per day, $46.21 per month, or $555 per year.

Is running a ev charging (level 2, home) in New Mexico more expensive than average?

No — it's cheaper. New Mexico's rate is about 19% below the U.S. average: $46.21 per month here versus $57.15 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.

EV Charging (Level 2, Home) costs in nearby states

What else costs to run in New Mexico

See the full New Mexico electricity cost guide →