Electricity data about ZIP Code 88242, which is associated with Hobbs, NM in Lea County. Learn various electricity statistics and other data about ZIP Code 88242 in the United States. View commercial, industrial and residential electricity rates in ZIP Code 88242 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 Lea County region.
View the charts and tables below for a snapshot of how electricity rates in ZIP Code 88242 (Hobbs, NM) compare to rates in New Mexico and to the U.S. overall.
The average residential electricity rate in ZIP Code 88242 of 7.97¢/kWh is lower than the average residential rate in the state of New Mexico overall.
ZIP Code 88242 vs. New Mexico
New Mexico's average residential electricity rate of 13.76¢/kWh is approximately 73% higher than the 7.97¢/kWh 88242 average rate.
ZIP Code 88242 vs. the U.S.
Additionally, the average residential electricity rate of 15.45¢/kWh in the U.S. overall is an estimated 94% higher than the average residential rate in 88242.
See the table below for a comparison of residential, commercial, and industrial electricity rates in ZIP Code 88242, New Mexico, and also in the U.S. as a whole.
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 88242 | 7.97¢/kWh | 6.72¢/kWh | 5.08¢/kWh |
| New Mexico | 13.76¢/kWh | 10.54¢/kWh | 5.47¢/kWh |
| United States | 15.45¢/kWh | 12.68¢/kWh | 8.1¢/kWh |
View the charts and tables below for electricity usage estimates and comparisons for ZIP Code 88242. See how this Lea County region compares to other regions in New Mexico.
This chart visualized the estimated monthly electricity usage rates in ZIP Code 88242 versus the average electricity usage a ZIP Code in New Mexico.
MkWh: Million Kilowatt-hours| Month | ZIP Code 88242 | Average NM ZIP | New Mexico |
|---|---|---|---|
| Feb 2023 | 2.34 MkWh | 1.36 MkWh | 580 MkWh |
| Mar 2023 | 2.15 MkWh | 1.25 MkWh | 533 MkWh |
| Apr 2023 | 1.85 MkWh | 1.07 MkWh | 459 MkWh |
| May 2023 | 2.05 MkWh | 1.19 MkWh | 508 MkWh |
| Jun 2023 | 2.51 MkWh | 1.46 MkWh | 622 MkWh |
| Jul 2023 | 3.58 MkWh | 2.08 MkWh | 886 MkWh |
| Aug 2023 | 3.43 MkWh | 1.99 MkWh | 849 MkWh |
| Sep 2023 | 2.63 MkWh | 1.52 MkWh | 651 MkWh |
| Oct 2023 | 2.06 MkWh | 1.2 MkWh | 511 MkWh |
| Nov 2023 | 2.03 MkWh | 1.18 MkWh | 504 MkWh |
| Dec 2023 | 2.43 MkWh | 1.41 MkWh | 602 MkWh |
| Jan 2024 | 2.64 MkWh | 1.53 MkWh | 655 MkWh |
The ZIP Code of 88242 is connected to Hobbs, NM in Lea County. This New Mexico region currently has an approximate population of 7,439 residents and an estimated 2,561 total housing units contributing to overall electricity usage statistics in this locality.
* Local 88242 electricity data referenced here (rates and usage) obtained from loquol.
