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

The average residential electricity rate in Hobbs is approximately 11.51¢/kWh per kWh. The average household pays around $118 per month for electricity.

What is the average natural gas bill in Hobbs?

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

Which electric company serves Hobbs, New Mexico?

Electricity in Hobbs is distributed by Southwestern Public Service Co and Lea County Electric Coop, Inc. Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves Hobbs?

Hobbs 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 Hobbs electricity rates compare to New Mexico averages?

Hobbs's electricity rate of 11.51¢/kWh is below the New Mexico state average of 14.12¢/kWh. This can reflect a municipal utility or favorable regional generation mix.

How do I start or stop utility service in Hobbs?

To start electric service in Hobbs, contact Southwestern Public Service Co and Lea County Electric 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.

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

Gas & Electricity in Hobbs, New Mexico

Hobbs is served by Southwestern Public Service Co and Lea County Electric Coop, Inc. Utilities covering Lea County report an average residential electricity rate of 11.51¢/kWh — below the New Mexico state average of 14.12¢/kWh — and a typical monthly electric bill of $118. Natural gas in Hobbs is distributed by New Mexico Gas Company (NMGC).

Compared to the New Mexico state average of 14.12¢/kWh/kWh, Hobbs's electricity rate of 11.51¢/kWh is 2.61¢ below the New Mexico average. As New Mexico has a regulated market, your utility is determined by your address.

Electric Utility in Hobbs

Southwestern Public Service Co
Lea County Electric Coop, Inc
Central Valley Elec Coop, Inc

Natural Gas Utility in Hobbs

New Mexico Gas Company (NMGC)
Southwest Gas Corporation

Hobbs vs New Mexico Energy Rates

Metric	Hobbs	New Mexico Average	US Average
Electric Rate (¢/kWh)	11.51¢	14.12¢	16.00¢
Gas Rate ($/therm)	$0.88	$0.88	$1.47
Monthly Electric Bill	$118	$82	$117
Monthly Gas Bill	$53	$53	$73

Energy Assistance Programs for Hobbs Residents

As a New Mexico city, Hobbs 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 Hobbs 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 Hobbs, New Mexico

The average residential electricity rate in Hobbs is approximately 11.51¢/kWh per kWh. The average household pays around $118 per month for electricity.
Natural gas customers in Hobbs pay an average of $53 per month. The rate is approximately $0.88/therm per therm.
Electricity in Hobbs is distributed by Southwestern Public Service Co and Lea County Electric Coop, Inc. Contact your provider at your local service address to confirm which utility serves your home.
Hobbs 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.
Hobbs's electricity rate of 11.51¢/kWh is below the New Mexico state average of 14.12¢/kWh. This can reflect a municipal utility or favorable regional generation mix.
To start electric service in Hobbs, contact Southwestern Public Service Co and Lea County Electric 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.