What is the average electricity rate in Albuquerque, New Mexico?

The average residential electricity rate in Albuquerque is approximately 15.28¢/kWh per kWh. The average household pays around $89 per month for electricity.

What is the average natural gas bill in Albuquerque?

Natural gas customers in Albuquerque pay an average of $53 per month. The rate is approximately $0.88/therm per therm.

Which electric company serves Albuquerque, New Mexico?

Electricity in Albuquerque is distributed by Public Service Co of NM and Continental Divide El Coop Inc. Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves Albuquerque?

Albuquerque natural gas service is provided by New Mexico Gas Company (NMGC) and Southwest Gas Corporation. Call them directly for new service connections or to report a gas leak.

How do Albuquerque electricity rates compare to New Mexico averages?

Albuquerque's electricity rate of 15.28¢/kWh is above the New Mexico state average of 14.12¢/kWh. Urban areas often have higher distribution costs.

How do I start or stop utility service in Albuquerque?

To start electric service in Albuquerque, contact Public Service Co of NM and Continental Divide El Coop Inc. For gas service, contact New Mexico Gas Company (NMGC) and Southwest Gas Corporation. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.

Albuquerque, New Mexico Gas & Electricity Rates — Utility Providers & Savings 2026

Gas & Electricity in Albuquerque, New Mexico

Albuquerque is served by Public Service Co of NM and Continental Divide El Coop Inc. Utilities covering Bernalillo County report an average residential electricity rate of 15.28¢/kWh — above the New Mexico state average of 14.12¢/kWh — and a typical monthly electric bill of $89. Natural gas in Albuquerque is distributed by New Mexico Gas Company (NMGC).

Compared to the New Mexico state average of 14.12¢/kWh/kWh, Albuquerque's electricity rate of 15.28¢/kWh is 1.16¢ above the New Mexico average. As New Mexico has a regulated market, your utility is determined by your address.

Electric Utility in Albuquerque

Public Service Co of NM
Continental Divide El Coop Inc
Central New Mexico El Coop, Inc

Natural Gas Utility in Albuquerque

New Mexico Gas Company (NMGC)
Southwest Gas Corporation

Albuquerque vs New Mexico Energy Rates

Metric	Albuquerque	New Mexico Average	US Average
Electric Rate (¢/kWh)	15.28¢	14.12¢	16.00¢
Gas Rate ($/therm)	$0.88	$0.88	$1.47
Monthly Electric Bill	$89	$82	$117
Monthly Gas Bill	$53	$53	$73

Energy Assistance Programs for Albuquerque Residents

As a New Mexico city, Albuquerque residents can access the following state and local assistance programs:

✅ New Mexico LIHEAP
✅ Low Income Weatherization Program
✅ PNM Energy Assistance
✅ Utility Discount Program (UDP)

Energy-Saving Tips for Albuquerque Residents

✓ Invest in a high-SEER air conditioner (18+) — it pays back quickly in Arizona heat.
✓ Use radiant barrier insulation in your attic — it reflects up to 97% of radiant heat.
✓ Run your AC at 78°F when home and use ceiling fans to feel 4°F cooler.
✓ Pre-cool your home in the morning before peak rates kick in (typically 3-8 PM).
✓ Arizona's sun makes solar + battery storage one of the best investments in the US.

FAQ — Gas & Electricity in Albuquerque, New Mexico

The average residential electricity rate in Albuquerque is approximately 15.28¢/kWh per kWh. The average household pays around $89 per month for electricity.
Natural gas customers in Albuquerque pay an average of $53 per month. The rate is approximately $0.88/therm per therm.
Electricity in Albuquerque is distributed by Public Service Co of NM and Continental Divide El Coop Inc. Contact your provider at your local service address to confirm which utility serves your home.
Albuquerque natural gas service is provided by New Mexico Gas Company (NMGC) and Southwest Gas Corporation. Call them directly for new service connections or to report a gas leak.
Albuquerque's electricity rate of 15.28¢/kWh is above the New Mexico state average of 14.12¢/kWh. Urban areas often have higher distribution costs.
To start electric service in Albuquerque, contact Public Service Co of NM and Continental Divide El Coop Inc. For gas service, contact New Mexico Gas Company (NMGC) and Southwest Gas Corporation. You'll typically need a photo ID, your new address, and a move-in date. Service can usually be established within 1-3 business days.