Southwestern Electric Coop Inc electricity rates

It is a smaller system, serving 1,434 residential customers, which means its fixed costs are spread across a narrow base. At 24.09¢ per kilowatt-hour it is among the more expensive utilities in New Mexico, 70.6% above the statewide average of 14.12¢.

Its customers use very little electricity by national standards, 551 kilowatt-hours a month against 871 nationally. Dense housing, a mild climate or heating that runs on gas rather than electricity all push consumption down, and any of them can leave a household with a modest bill despite a high rate.

Owned by the customers it serves, with directors elected by members. Co-ops are frequently outside state rate regulation. That matters because a bill is not only the cost of generating electricity: it also carries the cost of the network, and who owns that network changes how it is paid for.

34 residential customers had net-metered solar in 2024, totalling 0.28 megawatts. That works out to 23.7 installations per thousand customers, against a median of 8 across the utilities reporting it.

Adoption is above the national median, which generally tracks the retail rate more closely than it tracks sunshine. What exports are actually worth.