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Public Service Co of NM

Public Service Co of NM served 496,914 residential customers in New Mexico in 2025 (52.5% of the state's residential customers), the 1st largest of 20 utilities reporting there. Bundled service; ownership: investor owned; balancing authority PNM.

The meter, one average month.

Scroll to run 30 days of Public Service Co of NM's average residential use through a five-dial register.

Day 30 of 30

Used so far: 555 kWh
At 16.35¢/kWh: $90.82

An average 2025 month: 555 kWh at 16.35¢ comes to about $90.82, the average bill. Use is spread evenly over 30 days for the picture.

Price ruler0 to 50¢ per kWh

Where 16.35¢ sits.

Public Service Co of NM averaged 16.35¢ per kWh against a New Mexico residential average of 15.08¢: 8.4% above the state figure. Among the 3 investor owned utilities in New Mexico with bundled residential sales, it ranks 3rd from the lowest price.

16.35¢ this utility

15.08¢ NM avg

2020 and 2025EIA-861

Five years, same meter.

In 2020 the average Public Service Co of NM home used 601 kWh a month at 14.04¢ and paid $84.44. In 2025 it used 555 kWh at 16.35¢ and paid $90.82: the price per kWh is up 16.4%.

Public Service Co of NM, New Mexico, residential averages, 2020 and 2025
Measure	2020	2025
Price, ¢/kWh	14.04	16.35
Use, kWh a month	601	555
Bill, US$ a month	84.44	90.82

Public Service Co of NM customers and sales by class in New Mexico, 2025, EIA-861 (bundled service)
Class	Customers	MWh sold	¢/kWh
Residential	496,914	3,311,808	16.35
Commercial	59,491	3,846,718	12.46
Industrial	180	2,886,927	5.93

Who else is on the line

Homes are one class.

Homes took 33.0% of the electricity Public Service Co of NM sold in New Mexico in 2025.

Rooftop solar on its linesnet metering

47,762 roofs.

Residential net-metered PV: 47,762installations reported for 2025
Capacity: 297.3 MWresidential, net metered
Per 1,000 homes: 96.1installations per 1,000 residential customers

Service territoryEIA-861

19 counties.

BernalilloCatronCibolaCurryDona AnaGrantHidalgoLincolnLunaMcKinleyOteroSan JuanSan MiguelSandovalSanta FeSocorroTorranceUnionValencia

Counties in New Mexico where Public Service Co of NM reported serving customers in 2025 (19 in all; up to 24 listed).

EIA-8612025Utility 15473

The filing, line by line.

Public Service Co of NM, New Mexico, residential class, 2025. Price basis: revenue divided by kWh sold, all residential customers.
Measure	Value	Unit
Average price	16.35	¢/kWh
New Mexico average price	15.08	¢/kWh
Difference from state average	8.4	%
Price change over 5 years	16.4	%
Typical monthly use	555	kWh
Typical monthly bill	90.82	US$
Residential customers	496,914	accounts
Share of NM residential customers	52.5	%
Size rank in NM	1 of 20	by customers
Price rank, investor owned peers	3 of 3	1 = lowest

Rate plans on fileOpenEI URDB

3 active plans.

Time-of-use: 2more than one energy period within a month
Seasonal only: 1price changes by month, not by hour
Median fixed charge: $12.79US dollars per month

Active residential plans: not ended, started within the last 5 years, latest version of each plan name. Time-of-use means more than one energy period within a single month; plans whose price changes only by season are counted as seasonal.

New Mexico: state average, five-year steps and every provider