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ElectricityRatePerKWh

Kit Carson Electric Coop, Inc Electricity Rate per kWh (2024 EIA Data)

Cooperative|EIA utility 10378|New Mexico|Bundled

In 2024, Kit Carson Electric Coop, Inc's residential customers paid an average of 18.18 cents per kWh: $28 million of revenue over 154,183 MWh of sales across 26,097 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
18.18¢
per kWh, bundled
vs NM avg 2024
+28.0%
state 14.20c
Bundled res. customers
26,097
30,807 all sectors
Rank in NM by res. accounts
#6 of 21
2.1% of state residential MWh

How the 18.18c figure is calculated

18.18c/kWh = $28,031k revenue / 154,183 MWh x 100. This is EIA's average realised price for 2024: everything Kit Carson Electric 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 $182 before taxes.

About Kit Carson Electric Coop, Inc's 2024 electricity prices

Kit Carson Electric Coop, Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 10378. In 2024 it served 26,097 bundled residential customers in New Mexico, and its average realised residential price was 18.18 cents per kWh: $28 million of residential revenue divided by 154,183 MWh of residential sales.

Across the other sectors, Kit Carson Electric Coop, Inc's 2024 average prices were 15.70 cents for commercial customers (4,700 accounts) and 11.95 cents for industrial customers (10 accounts). Industrial customers paid 6.23 cents less per kWh than households, a 34% discount that is typical of high-volume, high-voltage service.

Within New Mexico, Kit Carson Electric Coop, Inc ranked number 6 of 21 utilities with bundled or delivery service by residential accounts served (26,097) and accounted for 2.10% 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 Kit Carson Electric Coop, Inc's customers paid 3.98 cents above the New Mexico average (+28.0%). 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 Kit Carson Electric Coop, Inc in 3 New Mexico counties: Colfax, Rio Arriba, and Taos. On the grid side it operates in the WECC NERC region, and reported distribution as its activities. Balancing authority code: PNM.

EIA's preliminary 2025 early release (published 4 August 2026) shows a residential price of 15.68 cents per kWh for Kit Carson Electric Coop, Inc in New Mexico across 26,286 residential customers, 2.50 cents lower than the 2024 final figure. Early-release data has not been validated by EIA and must not be aggregated; the 2024 final figures remain the reference on this page until the 2025 final file is published.

The nearest other utilities in New Mexico by service-territory centroid are Los Alamos County (60.3 miles away, 14.15 cents), Springer Electric Coop, Inc (80.6 miles away, 19.01 cents), Jemez Mountains Elec Coop, Inc (96.8 miles away, 15.36 cents), City of Farmington (NM) (102.9 miles away, 12.69 cents), and Southwestern Electric Coop Inc (NM) (126.5 miles away, 24.09 cents).

2024 sales by sector in New Mexico (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential26,097154,18328,03118.18
Commercial4,700112,23117,61715.70
Industrial1018,5512,21711.95

Counties served in New Mexico (3)

ColfaxRio ArribaTaos

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

2025 early release (preliminary, not validated by EIA)

Residential price in New Mexico: 15.68c/kWh (-2.50c vs 2024 final), 26,286 residential customers; commercial 13.99c; industrial 11.24c. Published 4 August 2026. EIA marks this file "not fully edited, use with caution"; the 2024 final figures above remain the reference.

Nearby and comparable utilities in New Mexico

Los Alamos CountyMunicipal, 60.3 mi between territory centroids
7,742 res. accounts 14.15c
Springer Electric Coop, IncCooperative, 80.6 mi between territory centroids
2,453 res. accounts 19.01c
Jemez Mountains Elec Coop, IncCooperative, 96.8 mi between territory centroids
28,093 res. accounts 15.36c
City of Farmington (NM)Municipal, 102.9 mi between territory centroids
35,990 res. accounts 12.69c
Southwestern Electric Coop Inc (NM)Cooperative, 126.5 mi between territory centroids
1,449 res. accounts 24.09c
EIA-861 facts, 2024
EIA utility number
10378
Ownership type
Cooperative
Data year
2024 final (EIA-861)
Primary state
New Mexico
Service type
Bundled (Part A)
Bundled residential customers (NM, price basis)
26,097
Residential accounts served (NM)
26,097
All accounts, all sectors (NM)
30,807
Residential price, 2024
18.18 c/kWh
Commercial price, 2024
15.70 c/kWh
Industrial price, 2024
11.95 c/kWh
Residential sales
154,183 MWh
Residential revenue
$28 million
Rank in New Mexico by residential accounts served
6 of 21
Share of New Mexico residential sales (MWh, not customers)
2.10%
New Mexico average, 2024
14.20 c/kWh
Counties served (NM)
3
NERC region
WECC
Balancing authority
PNM
Reported activities
Distribution
2025 early release (preliminary)
15.68 c/kWh
Change vs 2024 final
-2.50 c/kWh
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 18.18c
500 kWh$90.90
750 kWh$136.35
1,000 kWh$181.80
1,500 kWh$272.70

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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].