ZIP Code 88318 Electricity Data

Electricity Rates and Usage in Corona, NM (88318)

New Mexico

An In-depth Electricity Snapshot of ZIP Code 88318

Electricity rate details and in-depth statistics about ZIP Code 88318 in the state of New Mexico. View open electricity data and statistics about ZIP Code 88318 in Corona, NM in the U.S. View commercial, industrial and residential electricity rates in ZIP Code 88318 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 Lincoln County region.

Electricity Rates in ZIP Code 88318

View the charts and tables below for a snapshot of how electricity rates in ZIP Code 88318 (Corona, NM) compare to rates in New Mexico and to the U.S. overall. The average residential electricity rate in ZIP Code 88318 is higher than the average residential rate in New Mexico overall, and is lower than the average residential rate in the entirety of the U.S.

Monthly Electricity Rates Comparison

Line chart displaying residental electricity rates for ZIP Code 88318, the U.S. and New Mexico. This chart visualizes the comparison between the three groups. kWh: Kilowatt-hour

Residential Electricity Rates in 88318

The average residential electricity rate in ZIP Code 88318 of 14.48¢/kWh is higher than the average residential rate in the state of New Mexico overall.

ZIP Code 88318 vs. New Mexico

New Mexico's average residential electricity rate of 14.12¢/kWh is approximately 2% lower than the 14.48¢/kWh 88318 average rate.

ZIP Code 88318 vs. the U.S.

Additionally, the average residential electricity rate of 15.64¢/kWh in the U.S. overall is an estimated 8% higher than the average residential rate in 88318.

ZIP Code 88318 vs. New Mexico vs. U.S.

See the table below for a comparison of residential, commercial, and industrial electricity rates in ZIP Code 88318, New Mexico, and also in the U.S. as a whole.

Region Residential Commercial Industrial
ZIP Code 88318 14.48¢/kWh 12.65¢/kWh 9.16¢/kWh
New Mexico 14.12¢/kWh 11.42¢/kWh 7.12¢/kWh
United States 15.64¢/kWh 12.5¢/kWh 8.3¢/kWh

All Electricity Rates in ZIP Code 88318

Bar chart displaying an electricity comparison for ZIP Code 88318. This visualizes rates in 88318 compared to both the U.S. and New Mexico. kWh: Kilowatt-hour

Electricity Usage in ZIP Code 88318

View the charts and tables below for electricity usage estimates and comparisons for ZIP Code 88318. See how this Lincoln County region compares to other regions in New Mexico. Average monthly residential electricity usage in ZIP Code 88318 is estimated at 0.19MkWh (million kilowatt-hours). In Nov 2022, residential electricity usage in ZIP Code 88318 was estimated to be 0.19 MkWh, which was 85% less than the average usage in a typical New Mexico ZIP Code.

Monthly Electricity Usage Comparison

This chart visualized the estimated monthly electricity usage rates in ZIP Code 88318 versus the average electricity usage a ZIP Code in New Mexico.

Line chart displaying estimated residental electricity usage in ZIP Code 88318. The chart compares 88318 to other regions in New Mexico. MkWh: Million Kilowatt-hours

Electricity Usage in ZIP Code 88318

Month ZIP Code 88318 Average NM ZIP New Mexico
Dec 2021 0.2 MkWh 1.36 MkWh 582 MkWh
Jan 2022 0.22 MkWh 1.47 MkWh 627 MkWh
Feb 2022 0.2 MkWh 1.36 MkWh 579 MkWh
Mar 2022 0.19 MkWh 1.25 MkWh 534 MkWh
Apr 2022 0.15 MkWh 1.02 MkWh 433 MkWh
May 2022 0.19 MkWh 1.25 MkWh 533 MkWh
Jun 2022 0.25 MkWh 1.67 MkWh 713 MkWh
Jul 2022 0.29 MkWh 1.93 MkWh 823 MkWh
Aug 2022 0.27 MkWh 1.83 MkWh 780 MkWh
Sep 2022 0.21 MkWh 1.44 MkWh 613 MkWh
Oct 2022 0.17 MkWh 1.18 MkWh 503 MkWh
Nov 2022 0.19 MkWh 1.26 MkWh 537 MkWh
MkWh: Million Kilowatt-hours

Electricity FAQs for ZIP Code 88318

1

What is the average residential electricity rate in ZIP Code 88318?

According to National Renewable Energy Laboratory (NREL), the average residential electricity rate in ZIP Code 88318 in Lincoln County in New Mexico is 14.48¢/kWh.
2

Are residential electricity rates in ZIP Code 88318 high or low when compared to other regions in New Mexico?

The average residential electricity rate in 88318 is higher than the average residential rate in New Mexico overall. New Mexico has an average residential electricity rate of 14.12¢/kWh, which is approximately 2% lower than the average rate of 14.48¢/kWh in ZIP Code 88318.
3

Are residential electricity rates in ZIP Code 88318 high or low when compared to the U.S. overall?

Residential electricity rates in ZIP Code 88318 are, on average, lower than the average residential rate in the entirety of the U.S. The average residential electricity rate of 15.64¢/kWh in the U.S. overall is approximately 8% higher than average residential rates in the 88318 ZIP Code.
4

What is the average monthly electricity usage in ZIP Code 88318 estimated to be?

Average monthly residential electricity usage in ZIP Code 88318 is estimated at 0.19MkWh (million kilowatt-hours). This average usage number is based on the last 263 months of data.
5

Is electricity usage in ZIP Code 88318 high or low when compared to the average for a ZIP Code in New Mexico?

In the most recent month with data (Nov 2022), residential electricity usage in ZIP Code 88318 was 85% less than the average usage in a typical New Mexico ZIP Code.
6

Which utility company serves electricity customers in ZIP Code 88318?

According to the National Renewable Energy Laboratory (NREL), the primary utility company serving this Lincoln County region in New Mexico is Central New Mexico Electric Coop Inc.

* 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.

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