New Mexico has some of the lower home electricity prices in the country, 16.09¢ per kWh in July 2026 (25th lowest of 51). Prices rose 1.8% over the year, from 15.80¢ in July 2025.
Run a 1,500 W heater on high for 8 hours a day and the month costs about $57.92, which is $0.24 for each hour it is on. On the 900 W low setting the same month is about $34.75. Four hours a day on high is about $28.96. That is $7.99 a month less than at the U.S. average price.
Work out your cost in New Mexico
Change any number. The price per kWh is printed on your electric bill.
Starts at New Mexico's average residential price, 16.09¢/kWh. Source: U.S. EIA, Electric Power Monthly, Table 5.6.A (residential sector), July 2026 (released September 24, 2026). Month is 30 days; year is 12 such months.
Monthly cost by setting and hours
| Use | New Mexico, July 202616.09¢/kWh | New Mexico, July 202515.80¢/kWh | U.S. average18.31¢/kWh |
|---|---|---|---|
| Low, 900 W, 4 h a day108 kWh a month | $17.38 | $17.06 | $19.77 |
| High, 1,500 W, 4 h a day180 kWh a month | $28.96 | $28.44 | $32.96 |
| Low, 900 W, 8 h a day216 kWh a month | $34.75 | $34.13 | $39.55 |
| High, 1,500 W, 8 h a day360 kWh a month | $57.92 | $56.88 | $65.92 |
| High, 1,500 W, 24 h a day1,080 kWh a month | $174 | $171 | $198 |
Cost per 30-day month. EIA's state figure is the average price residential customers paid (revenue ÷ kWh sold), so it includes delivery charges. Your own utility's rate may differ.
Because prices were up 1.8% from a year earlier, the same 8-hour month on high went from $56.88 to $57.92. At the U.S. average it is $65.92.
What a whole winter costs
Most heaters only run part of the year. Four hours a day on high from November through March (150 days) uses 900 kWh, about $145 in New Mexico at today's average price. The same season on low is about $86.89.
Ways to pay less
- Drop to low once the room is warm. 900 W instead of 1,500 W saves about $23.17 a month at 8 hours a day in New Mexico.
- Turn the central thermostat down while you use it. A space heater only saves money if it lets you heat one room instead of the whole home. DOE estimates up to 10% a year in heating savings from setting the thermostat back 7–10°F for 8 hours a day.
- Use the timer. Left on around the clock, a heater on high would cost about $174 a month in New Mexico. Many models have an auto-off timer.
- If electric heat is your main heat, price a heat pump. DOE says heat pumps can cut the electricity used for heating by about 50% compared with resistance heaters like space heaters and baseboards.
Safety. Plug space heaters straight into a wall outlet, never an extension cord or power strip, and keep them at least 3 feet from beds, curtains and furniture (CPSC).
More on heater types and wattage: what a space heater costs to run. A cheaper way to stay warm in bed: electric blanket costs.
Nearby states
Of the 8 states in the Mountain census division, New Mexico is 2nd most expensive for the same heater at 8 hours a day.
Questions
How much does it cost to run a space heater for an hour in New Mexico?
A 1,500 W heater on high uses 1.5 kWh per hour. At New Mexico's average residential price of 16.09¢/kWh (July 2026, U.S. EIA) that's about $0.24 per hour; on a 900 W low setting it's about $0.14.
How much does it cost to run a space heater all night in New Mexico?
Eight hours on high is 12 kWh, about $1.93 a night or $57.92 over a 30-day month. Safety agencies (CPSC) advise not to leave a space heater running while you sleep; an electric blanket (about 100 W) costs roughly $0.13 for the same 8 hours.
How much does a space heater add to an electric bill in New Mexico?
Running a 1,500 W heater 4 hours a day adds about $28.96 a month; 8 hours a day adds about $57.92; around the clock it's about $174. Use the calculator above with the rate from your own bill.
Has electricity gotten more expensive in New Mexico?
EIA's average residential price in New Mexico was 16.09¢/kWh in July 2026, up 1.8% from 15.80¢ in July 2025. The U.S. average moved from 17.45¢ to 18.31¢ (+4.9%).
Sources
- U.S. EIA, Electric Power Monthly, Table 5.6.A (residential sector), July 2026 and July 2025 (released September 24, 2026). Used for: New Mexico and U.S. average residential prices
- U.S. CPSC: Staff Assessment on Portable Electric Heaters (Feb 2023). Used for: Plug-in heaters top out at 1,500 W
- Lasko 754200 ceramic heater, manufacturer specifications. Used for: Typical settings: 900 W low, 1,500 W high
- U.S. DOE: Energy Saver Guide (2022). Used for: Up to 10% heating savings from a 7–10°F setback; heat pumps use about 50% less electricity than resistance heat
- U.S. CPSC: Space heater safety warning. Used for: 3-foot clearance, wall outlet only, don't run while sleeping
Math: cost = watts × hours ÷ 1,000 × price per kWh; a month is 30 days. The state table is also available as a CSV, free to reuse with credit to WattCost.