Southwestern Public Service Co Rates: Average Bill & Price per kWh
Residential rates for Southwestern Public Service Co and how they compare to the New Mexico average — 2024 EIA-861 annual data.
Residential customers of Southwestern Public Service Co average $119.31/month at 11.98¢/kWh — below the New Mexico average of $121.22.
Where Southwestern Public Service Co rates are heading
Annual residential figures from Form EIA-861, 2019–2024.
| Year | Rate | Avg bill | Res. customers |
|---|---|---|---|
| 2019 | 9.65¢/kWh | $97.21/mo | 96,964 |
| 2020 | 9.85¢/kWh | $102.87/mo | 97,747 |
| 2021 | 10.8¢/kWh | $103.45/mo | 98,490 |
| 2022 | 12.7¢/kWh | $129.61/mo | 99,338 |
| 2023 | 11.77¢/kWh | $118.21/mo | 99,886 |
| 2024 | 11.98¢/kWh | $119.31/mo | 100,540 |
Rate context in New Mexico
Statewide residential price trend (12 months) — context for Southwestern Public Service Co's 2024 annual figure.
Southwestern Public Service Co vs its state
Annual utility averages next to the latest statewide monthly figure — different windows, both labeled.
| Measure | Southwestern Public Service… | New Mexico (latest month) |
|---|---|---|
| Avg bill | $119.31/mo | $121.22/mo |
| Rate | 11.98¢/kWh | 15.06¢/kWh |
Common questions
How much is the average electric bill with Southwestern Public Service Co?
Southwestern Public Service Co residential customers averaged $119.31 per month in 2024 (EIA-861 annual data) — about $1,431.74 per year.
What does Southwestern Public Service Co charge per kWh?
Southwestern Public Service Co averaged 11.98¢ per kWh for residential service in 2024 (annual revenue divided by sales, EIA-861). Actual rates depend on your plan and season.
How does Southwestern Public Service Co compare to the New Mexico average?
Southwestern Public Service Co bills average $119.31 — lower than the New Mexico average of $121.22 (latest EIA month).
How many customers does Southwestern Public Service Co serve?
Southwestern Public Service Co served 100,540 residential customers in 2024, per EIA-861 — one of the largest utilities we track in NM.
Data: Form EIA-861, 2024 annual residential figures for Southwestern Public Service Co. Bill = residential revenue ÷ customers ÷ 12; rate = revenue ÷ sales. State context uses the latest EIA monthly data. See methodology.