New Mexico · City
Commercial electricity in Albuquerque, New Mexico
Which electric utilities serve businesses in Albuquerque, what each charged commercial customers in EIA’s 2025 data, and where New Mexico’s prices stand.
EIA lists 3 electric utilities in Bernalillo County, which contains Albuquerque. PNM, the largest by commercial customers, averaged 12.46¢ per kWh for them in 2025. New Mexico’s average commercial price was 10.94¢ per kWh over the 12 months to August 2026.
Source: EIA Form EIA-861 (2025) and Form EIA-861M; U.S. Census Bureau
Electric utilities serving Albuquerque
These are the utilities EIA records in Bernalillo County. EIA lists a utility in a county when it has customers anywhere in it, so this is everyone with a presence, ordered by commercial customers across New Mexico, not a statement about any one address. Prices are EIA’s averages over all of each utility’s commercial customers: revenue divided by kWh.
| Utility | Type | Commercial customers in NM | Average commercial price, 2025 |
|---|---|---|---|
| PNM | Investor-owned | 59,491 | 12.46¢ |
| Continental Divide El Coop Inc | Cooperative | 2,979 | 14.27¢ |
| Central New Mexico El Coop, Inc | Cooperative | 1,654 | 22.63¢ |
Find the list for a single ZIP Code with the utility lookup, or set utilities side by side with the comparison tool.
What businesses in Albuquerque pay
Across New Mexico, businesses paid an average 10.94¢ per kWh over the 12 months to August 2026, 21.1% below the U.S. average of 13.87¢, and up 0.7% on the 12 months before. That ranks New Mexico 40 of 51, where 1 is the highest price. In 2025 the average commercial account in the state used 5,266 kWh a month, about $580 a month at the state price; that is a mean pulled up by a few very large users, so most small businesses use less.
A city has no price of its own: two businesses on the same street can pay very different amounts per kWh, because the rate schedule, the size of the peak and, where it is allowed, the supply contract matter more than the location. The New Mexico page has the state’s price history since 2010 and every utility with at least 500 commercial customers.
Choosing a supplier in Albuquerque
New Mexico commercial accounts buy supply from their regulated utility. Tariff and demand work are the levers.
Where prices are heading
EIA does not forecast single states. For the Mountain census division, which includes New Mexico, its November 2026 Short-Term Energy Outlook puts the average commercial price at 11.41¢ per kWh for 2026 and 11.54¢ for 2027, up 2.7% from 11.24¢ in 2025. The forecast for every region.
About Albuquerque
The Census Bureau estimates Albuquerque had 556,588 residents on July 1, 2025, down 1.4% from 564,752 in 2020. It lies in Bernalillo County.
Other cities in New Mexico
Common questions
- Who provides electricity to businesses in Albuquerque?
- EIA lists PNM, Continental Divide El Coop Inc and Central New Mexico El Coop, Inc as electric utilities in Bernalillo County. Which one serves a given address depends on the street; the utility on an existing bill is the definitive answer, and a utility can confirm service for a new site.
- What is the average commercial electricity rate in Albuquerque?
- There is no official figure for a city. EIA publishes prices by state and by utility: PNM averaged 12.46¢ per kWh for its commercial customers in 2025, and New Mexico averaged 10.94¢ over the 12 months to August 2026. A business’s own price depends on its rate schedule, its demand and, where it can choose, its supply contract.
- Can a business in Albuquerque choose its electricity supplier?
- New Mexico commercial accounts buy supply from their regulated utility. Tariff and demand work are the levers. The state page for New Mexico explains how it works and who regulates it.
Averages describe Albuquerque; a bill describes your business. A person can read yours: rate schedule, demand, riders, contract window. Nobody calls unless you ask.