Cost to Run a EV Charging (Level 2, Home) in New Mexico
New Mexico's average residential electricity rate is 14.1¢/kWh as of May 2026 — the 9th cheapest in the country, 23% below the U.S. average. At typical usage (7 uses/week at 10 kWh each), a ev charging (level 2, home) here costs $42.86 per month.
Per use
$1.41
10 kWh per use
Per day
$1.41
7 uses/week at 10 kWh each
Per month
$42.86
304 kWh
Per year
$515
3,650 kWh
By usage level in New Mexico
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (4×/week) | $0.70 | $21.43 | $257 |
| Typical (7×/week) | $1.41 | $42.86 | $515 |
| Heavy (14×/week) | $2.82 | $85.73 | $1,029 |
New Mexico vs. the rest of the country
Monthly cost at typical usage.
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 14.1¢/kWh (May 2026), a ev charging (level 2, home) with typical usage costs about $1.41 per day, $42.86 per month, or $515 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 23% below the U.S. average: $42.86 per month here versus $55.94 nationally.
What does electricity cost in New Mexico right now?
New Mexico residents pay an average of 14.1¢ per kWh as of May 2026 — the 9th cheapest rate of the 51 U.S. jurisdictions we track.