What is the average electricity rate in Santa Fe, New Mexico?

The average residential electricity rate in Santa Fe is approximately 15.25¢/kWh per kWh. The average household pays around $89 per month for electricity.

What is the average natural gas bill in Santa Fe?

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

Which electric company serves Santa Fe, New Mexico?

Electricity in Santa Fe is distributed by Public Service Co of NM and Jemez Mountains Elec Coop, Inc. Contact your provider at your local service address to confirm which utility serves your home.

Which gas company serves Santa Fe?

Santa Fe 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 Santa Fe electricity rates compare to New Mexico averages?

Santa Fe's electricity rate of 15.25¢/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 Santa Fe?

To start electric service in Santa Fe, contact Public Service Co of NM and Jemez Mountains Elec 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.

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

Gas & Electricity in Santa Fe, New Mexico

Santa Fe is served by Public Service Co of NM and Jemez Mountains Elec Coop, Inc. Utilities covering Santa Fe County report an average residential electricity rate of 15.25¢/kWh — above the New Mexico state average of 14.12¢/kWh — and a typical monthly electric bill of $89. Natural gas in Santa Fe is distributed by New Mexico Gas Company (NMGC).

Compared to the New Mexico state average of 14.12¢/kWh/kWh, Santa Fe's electricity rate of 15.25¢/kWh is 1.13¢ above the New Mexico average. As New Mexico has a regulated market, your utility is determined by your address.

Electric Utility in Santa Fe

Public Service Co of NM
Jemez Mountains Elec Coop, Inc
Central New Mexico El Coop, Inc

Natural Gas Utility in Santa Fe

New Mexico Gas Company (NMGC)
Southwest Gas Corporation

Santa Fe vs New Mexico Energy Rates

Metric	Santa Fe	New Mexico Average	US Average
Electric Rate (¢/kWh)	15.25¢	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 Santa Fe Residents

As a New Mexico city, Santa Fe 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 Santa Fe 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 Santa Fe, New Mexico

The average residential electricity rate in Santa Fe is approximately 15.25¢/kWh per kWh. The average household pays around $89 per month for electricity.
Natural gas customers in Santa Fe pay an average of $53 per month. The rate is approximately $0.88/therm per therm.
Electricity in Santa Fe is distributed by Public Service Co of NM and Jemez Mountains Elec Coop, Inc. Contact your provider at your local service address to confirm which utility serves your home.
Santa Fe 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.
Santa Fe's electricity rate of 15.25¢/kWh is above the New Mexico state average of 14.12¢/kWh. Urban areas often have higher distribution costs.
To start electric service in Santa Fe, contact Public Service Co of NM and Jemez Mountains Elec 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.