ZIP Code 88023 Electricity Data

Electricity Rates and Usage in Bayard, NM (88023)

New Mexico

A Detailed Snapshot of Electricity in the 88023 ZIP Code

See a detailed snapshot of electricity rates and data in ZIP Code 88023, which is associated with Bayard, NM in the U.S. View various electricity statistics about ZIP Code 88023 in Grant County. View commercial, industrial and residential electricity rates in ZIP Code 88023 to those in New Mexico and also tho those in the U.S. as a whole. In addition, compare both historical and current electricity usage in this Grant County region.

Electricity Rates in ZIP Code 88023

View the charts and tables below for a snapshot of how electricity rates in ZIP Code 88023 (Bayard, NM) compare to rates in New Mexico and to the U.S. overall.

Monthly Electricity Rates Comparison

Line chart displaying residental electricity rates for ZIP Code 88023, the U.S. and New Mexico. This chart visualizes the comparison between the three groups. kWh: Kilowatt-hour

Residential Electricity Rates in 88023

The average residential electricity rate in ZIP Code 88023 of 12.31¢/kWh is lower than the average residential rate in the state of New Mexico overall.

ZIP Code 88023 vs. New Mexico

New Mexico's average residential electricity rate of 13.76¢/kWh is approximately 12% higher than the 12.31¢/kWh 88023 average rate.

ZIP Code 88023 vs. the U.S.

Additionally, the average residential electricity rate of 15.45¢/kWh in the U.S. overall is an estimated 26% higher than the average residential rate in 88023.

ZIP Code 88023 vs. New Mexico vs. U.S.

See the table below for a comparison of residential, commercial, and industrial electricity rates in ZIP Code 88023, New Mexico, and also in the U.S. as a whole.

Region Residential Commercial Industrial
ZIP Code 88023 12.31¢/kWh 10.2¢/kWh 5.87¢/kWh
New Mexico 13.76¢/kWh 10.54¢/kWh 5.47¢/kWh
United States 15.45¢/kWh 12.68¢/kWh 8.1¢/kWh

All Electricity Rates in ZIP Code 88023

Bar chart displaying an electricity comparison for ZIP Code 88023. This visualizes rates in 88023 compared to both the U.S. and New Mexico. kWh: Kilowatt-hour

Electricity Usage in ZIP Code 88023

View the charts and tables below for electricity usage estimates and comparisons for ZIP Code 88023. See how this Grant County region compares to other regions in New Mexico.

Monthly Electricity Usage Comparison

This chart visualized the estimated monthly electricity usage rates in ZIP Code 88023 versus the average electricity usage a ZIP Code in New Mexico.

Line chart displaying estimated residental electricity usage in ZIP Code 88023. The chart compares 88023 to other regions in New Mexico. MkWh: Million Kilowatt-hours

Electricity Usage in ZIP Code 88023

Month ZIP Code 88023 Average NM ZIP New Mexico
Feb 2023 0.45 MkWh 1.36 MkWh 580 MkWh
Mar 2023 0.42 MkWh 1.25 MkWh 533 MkWh
Apr 2023 0.36 MkWh 1.07 MkWh 459 MkWh
May 2023 0.4 MkWh 1.19 MkWh 508 MkWh
Jun 2023 0.49 MkWh 1.46 MkWh 622 MkWh
Jul 2023 0.69 MkWh 2.08 MkWh 886 MkWh
Aug 2023 0.66 MkWh 1.99 MkWh 849 MkWh
Sep 2023 0.51 MkWh 1.52 MkWh 651 MkWh
Oct 2023 0.4 MkWh 1.2 MkWh 511 MkWh
Nov 2023 0.39 MkWh 1.18 MkWh 504 MkWh
Dec 2023 0.47 MkWh 1.41 MkWh 602 MkWh
Jan 2024 0.51 MkWh 1.53 MkWh 655 MkWh
MkWh: Million Kilowatt-hours

Electricity FAQs for ZIP Code 88023

1

What is the average residential electricity rate in ZIP Code 88023?

According to National Renewable Energy Laboratory (NREL), the average residential electricity rate in ZIP Code 88023 in Grant County in New Mexico is 12.31¢/kWh.
2

Which utility company serves electricity customers in ZIP Code 88023?

According to the National Renewable Energy Laboratory (NREL), the primary utility company serving this Grant County region in New Mexico is Public Service Co of New Mexico.

* Local 88023 electricity data referenced here (rates and usage) obtained from loquol.

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