Detailed electricity rate data on ZIP Code 88260 in Lea County in the U.S. View various electricity statistics about ZIP Code 88260, which is primarily associated with Lovington, NM. View commercial, industrial and residential electricity rates in ZIP Code 88260 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 88260 (Lovington, NM) compare to rates in New Mexico and to the U.S. overall.
The average residential electricity rate in ZIP Code 88260 of 7.97¢/kWh is lower than the average residential rate in the state of New Mexico overall.
ZIP Code 88260 vs. New Mexico
New Mexico's average residential electricity rate of 15.25¢/kWh is approximately 91% higher than the 7.97¢/kWh 88260 average rate.
ZIP Code 88260 vs. the U.S.
Additionally, the average residential electricity rate of 16.29¢/kWh in the U.S. overall is an estimated 104% higher than the average residential rate in 88260.
See the table below for a comparison of residential, commercial, and industrial electricity rates in ZIP Code 88260, New Mexico, and also in the U.S. as a whole.
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 88260 | 7.97¢/kWh | 6.72¢/kWh | 5.08¢/kWh |
| New Mexico | 15.25¢/kWh | 11.69¢/kWh | 6.26¢/kWh |
| United States | 16.29¢/kWh | 13.25¢/kWh | 8.53¢/kWh |
View the charts and tables below for electricity usage estimates and comparisons for ZIP Code 88260. 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 88260 versus the average electricity usage a ZIP Code in New Mexico.
MkWh: Million Kilowatt-hours| Month | ZIP Code 88260 | Average NM ZIP | New Mexico |
|---|---|---|---|
| Oct 2022 | 2.95 MkWh | 1.17 MkWh | 500 MkWh |
| Nov 2022 | 3.16 MkWh | 1.26 MkWh | 536 MkWh |
| Dec 2022 | 3.75 MkWh | 1.49 MkWh | 637 MkWh |
| Jan 2023 | 3.82 MkWh | 1.52 MkWh | 648 MkWh |
| Feb 2023 | 3.42 MkWh | 1.36 MkWh | 580 MkWh |
| Mar 2023 | 3.14 MkWh | 1.25 MkWh | 533 MkWh |
| Apr 2023 | 2.7 MkWh | 1.07 MkWh | 459 MkWh |
| May 2023 | 3 MkWh | 1.19 MkWh | 508 MkWh |
| Jun 2023 | 3.67 MkWh | 1.46 MkWh | 622 MkWh |
| Jul 2023 | 5.22 MkWh | 2.08 MkWh | 886 MkWh |
| Aug 2023 | 5 MkWh | 1.99 MkWh | 849 MkWh |
| Sep 2023 | 3.84 MkWh | 1.52 MkWh | 651 MkWh |
The ZIP Code of 88260 is connected to Lovington, NM in Lea County. This New Mexico region currently has an approximate population of 14,869 residents and an estimated 4,613 total housing units contributing to overall electricity usage statistics in this locality.
* All electricity rates and electricity usage data referenced here originate from the National Renewable Energy Laboratory (NREL) and/or the U.S. Energy Information Administration (EIA). Estimates utilize regional U.S. Census Bureau data along with regional NREL and/or EIA data.
