Southwestern Electric Coop Inc (NM) Electricity Rate per kWh (2024 EIA Data)

Southwestern Electric Coop Inc (NM) is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 17715. In 2024 it served 1,434 bundled residential customers in New Mexico (its largest state of 4), and its average realised residential price was 24.09 cents per kWh: $2.3 million of residential revenue divided by 9,478 MWh of residential sales.

Across the other sectors, Southwestern Electric Coop Inc (NM)'s 2024 average prices were 16.66 cents for commercial customers (325 accounts) and 7.84 cents for industrial customers (381 accounts). Industrial customers paid 16.25 cents less per kWh than households, a 67% discount that is typical of high-volume, high-voltage service.

Within New Mexico, Southwestern Electric Coop Inc (NM) ranked number 18 of 21 utilities with bundled or delivery service by residential accounts served (1,434) and accounted for 0.13% 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 Southwestern Electric Coop Inc (NM)'s customers paid 9.89 cents above the New Mexico average (+69.6%). 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 Southwestern Electric Coop Inc (NM) in 4 New Mexico counties: Colfax, Harding, Quay, and Union. It also reports 2024 retail sales in Texas (10 residential customers at 23.33 cents), Colorado (5 residential customers at 19.90 cents), and Oklahoma (0 residential customers). 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 25.31 cents per kWh for Southwestern Electric Coop Inc (NM) in New Mexico across 1,435 residential customers, 1.22 cents higher 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 Springer Electric Coop, Inc (53.6 miles away, 19.01 cents), Rita Blanca Electric Coop, Inc (81.9 miles away, 8.28 cents), Tri-County Electric Coop, Inc (OK) (89.2 miles away, 15.87 cents), Farmers Electric Coop, Inc (NM) (95.3 miles away, 12.87 cents), and Deaf Smith Electric Coop, Inc (109.7 miles away, 8.83 cents).