Cost to Run a Well Pump 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 (2 hours/day), a well pump here costs $8.57 per month.
Per hour
$0.14
at 750–1,500 W
Per day
$0.28
2 hours/day
Per month
$8.57
61 kWh
Per year
$103
730 kWh
By usage level in New Mexico
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (1 hrs/day) | $0.14 | $4.29 | $51.46 |
| Typical (2 hrs/day) | $0.28 | $8.57 | $103 |
| Heavy (4 hrs/day) | $0.56 | $17.15 | $206 |
New Mexico vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a well pump in New Mexico?
At New Mexico's current average residential rate of 14.1¢/kWh (May 2026), a well pump with typical usage costs about $0.28 per day, $8.57 per month, or $103 per year.
Is running a well pump in New Mexico more expensive than average?
No — it's cheaper. New Mexico's rate is about 23% below the U.S. average: $8.57 per month here versus $11.19 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.