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ElectricityRatePerKWh

Central Valley Elec Coop, Inc Electricity Rate per kWh (2024 EIA Data)

Cooperative|EIA utility 3287|New Mexico|Bundled

In 2024, Central Valley Elec Coop, Inc's residential customers paid an average of 8.91 cents per kWh: $7.7 million of revenue over 86,800 MWh of sales across 6,150 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
8.91¢
per kWh, bundled
vs NM avg 2024
-37.3%
state 14.20c
Bundled res. customers
6,150
15,225 all sectors
Rank in NM by res. accounts
#14 of 21
1.2% of state residential MWh

How the 8.91c figure is calculated

8.91c/kWh = $7,731k revenue / 86,800 MWh x 100. This is EIA's average realised price for 2024: everything Central Valley Elec Coop, Inc billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $89 before taxes.

About Central Valley Elec Coop, Inc's 2024 electricity prices

Central Valley Elec Coop, Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 3287. In 2024 it served 6,150 bundled residential customers in New Mexico, and its average realised residential price was 8.91 cents per kWh: $7.7 million of residential revenue divided by 86,800 MWh of residential sales.

Across the other sectors, Central Valley Elec Coop, Inc's 2024 average prices were 13.35 cents for commercial customers (4,680 accounts) and 7.21 cents for industrial customers (4,395 accounts). Industrial customers paid 1.70 cents less per kWh than households, a 19% discount that is typical of high-volume, high-voltage service.

Within New Mexico, Central Valley Elec Coop, Inc ranked number 14 of 21 utilities with bundled or delivery service by residential accounts served (6,150) and accounted for 1.18% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.20 cents per kWh, so Central Valley Elec Coop, Inc's customers paid 5.29 cents below the New Mexico average (-37.3%). For context, EIA's latest monthly figure for New Mexico is 15.06 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Central Valley Elec Coop, Inc in 4 New Mexico counties: Chaves, Eddy, Lea, and Otero. On the grid side it operates in the SPP NERC region, and reported distribution as its activities. Balancing authority code: SWPP.

Central Valley Elec Coop, Inc is not among the utilities included in EIA's preliminary 2025 early release, so the 2024 final data is the most recent figure available for it.

The nearest other utilities in New Mexico by service-territory centroid are Lea County Electric Coop, Inc (NM) (63.9 miles away, 10.07 cents), Otero County Electric Coop Inc (80 miles away, 17.65 cents), Roosevelt County Elec Coop Inc (93.7 miles away, 12.07 cents), El Paso Electric Co (112.3 miles away, 13.46 cents), and Central New Mexico El Coop, Inc (147 miles away, 17.16 cents).

2024 sales by sector in New Mexico (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential6,15086,8007,7318.91
Commercial4,68042,7915,71413.35
Industrial4,395782,21556,3647.21

Counties served in New Mexico (4)

ChavesEddyLeaOtero

From the EIA-861 Service Territory file; a listed county can be served in part only.

Nearby and comparable utilities in New Mexico

Lea County Electric Coop, Inc (NM)Cooperative, 63.9 mi between territory centroids
9,206 res. accounts 10.07c
Otero County Electric Coop IncCooperative, 80 mi between territory centroids
16,448 res. accounts 17.65c
Roosevelt County Elec Coop IncCooperative, 93.7 mi between territory centroids
3,918 res. accounts 12.07c
El Paso Electric CoInvestor Owned, 112.3 mi between territory centroids
407,336 res. accounts 13.46c
Central New Mexico El Coop, IncCooperative, 147 mi between territory centroids
19,126 res. accounts 17.16c
EIA-861 facts, 2024
EIA utility number
3287
Ownership type
Cooperative
Data year
2024 final (EIA-861)
Primary state
New Mexico
Service type
Bundled (Part A)
Bundled residential customers (NM, price basis)
6,150
Residential accounts served (NM)
6,150
All accounts, all sectors (NM)
15,225
Residential price, 2024
8.91 c/kWh
Commercial price, 2024
13.35 c/kWh
Industrial price, 2024
7.21 c/kWh
Residential sales
86,800 MWh
Residential revenue
$7.7 million
Rank in New Mexico by residential accounts served
14 of 21
Share of New Mexico residential sales (MWh, not customers)
1.18%
New Mexico average, 2024
14.20 c/kWh
Counties served (NM)
4
NERC region
SPP
Balancing authority
SWPP
Reported activities
Distribution
Registry status
Reported on Form EIA-861 for 2024
New Mexico today
Residential (June 2026)15.06c
Commercial10.82c
Industrial4.62c
New Mexico electricity rate page ->All utilities in New Mexico ->
Energy cost at 8.91c
500 kWh$44.55
750 kWh$66.83
1,000 kWh$89.10
1,500 kWh$133.65

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].