Electricity prices in Silver City, NM

Households in Silver City pay 16.5¢/kWh (New Mexico average), about $117 a month for 706 kWh a month, the New Mexico household average.

Electricity price
16.5¢/kWh
New Mexico average · August 2026
Average monthly bill
$117
706 kWh a month, the New Mexico household average
Small business
12.1¢/kWh
New Mexico average

Monthly electricity bill by consumption

ConsumptionPer monthPer year
500 kWh a month$83$991
1,000 kWh a month$165$1,981
1,500 kWh a month$248$2,972
2,000 kWh a month$330$3,962

At 16.5¢/kWh, the average household price including taxes and fixed charges (August 2026). Small households usually pay a little more per kWh, large ones a little less.

Electricity bill calculator →

Business electricity in Silver City

Commercial customers pay 12.1¢/kWh and industrial customers 5.1¢/kWh (New Mexico average).

All business consumption bands →

Home running costs in Silver City

In Silver City, running an 860 sq ft home costs on average $52 a month excluding rent – 38% cheaper than the US average.

Monthly running cost
$52
excluding rent · 860 sq ft
Versus the United States average
−38%
The United States average: $84
Rank in the United States
841 of 7,023
1 = lowest running cost
Including rent
$918
median rent incl. utilities, all homes

Monthly cost breakdown

Default home: 860 sq ft, 2 people, 2,500 kWh electricity a year.

  • Electricity
  • Heating
  • Rent
Show the data as a table
ValueElectricityHeatingRent
Without rent$34$18–
With rent$34$18$866

Silver City compared with the average for the United States

  • Silver City
  • The United States average
Show the data as a table
ValueSilver CityThe United States average
Electricity$34$44
Heating$18$40
Total$52$84

Your biggest saving opportunity

At today's prices a heat pump would cost about $56 a year more than a gas boiler in Silver City; check the incentives available before deciding.

Gas boiler vs heat pump calculator · Monthly home running cost calculator

Heating need through the year

JanFebMarAprMayJunJulAugSepOctNovDec
Heating degree days per month (long-term average). The more degree days, the more heating energy a home needs.
Show the data as a table
Monthheating degree days
Jan319
Feb262
Mar200
Apr110
May30
Jun0
Jul0
Aug0
Sep3
Oct66
Nov196
Dec325

Heating with a gas boiler: about 4,837 kWh a year at 4.4¢/kWh.

Solar potential in Silver City

1 kWp of solar panels produces about 1,939 kWh a year here. ($320 per year)

Solar potential in Silver City →

Not yet available for Silver City: Water.

How we calculate this

Electricity: average residential price per kWh in the state (August 2026). Heating: heating degree days for the location × floor area × building factor, priced with the gas boiler cost (state residential natural gas price). Water and rent are added when official data is available. Methodology

Nearby cities

More cities in New Mexico

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Updated: