Hobbs Electricity Rates
New Mexico · 50,397 residents
9.09¢/kWh
Average residential rate
↓34.4% vs New Mexico avg
Hobbs Electricity at a Glance
9.09¢
Avg residential rate
4
ZIP codes
3
Utility providers
50,397
Population
Hobbs Electricity Rate Analysis
Hobbs residential electricity rates average 9.09¢ per kWh — that's lower than the New Mexico state average of 13.85¢/kWh by 34.4%. Rates are aggregated from 4 Hobbs ZIP codes and 3 utility providers serving the city.
The primary electricity providers in Hobbs are Southwestern Public Service Co, Lea County Electric Coop, Inc - (NM), Central Valley Elec Coop, Inc.
Hobbs ZIP Codes & Electricity Rates
Hobbs Electric Utility Providers
- Southwestern Public Service CoInvestor-Owned Utility · serves 2 ZIPs in Hobbs11.98¢avg rate
- Lea County Electric Coop, Inc - (NM)Investor-Owned Utility · serves 2 ZIPs in Hobbs10.07¢avg rate
- Central Valley Elec Coop, IncInvestor-Owned Utility · serves 1 ZIP in Hobbs8.91¢avg rate
Nearby Cities in New Mexico
Hobbs Electricity Rate FAQ
What is the average electricity rate in Hobbs?
Hobbs residential electricity rates average 9.09¢ per kWh, based on data aggregated across 4 ZIP codes.
Who provides electricity in Hobbs?
Hobbs is served by 3 electric utility providers, including Southwestern Public Service Co, Lea County Electric Coop, Inc - (NM), Central Valley Elec Coop, Inc.
How does Hobbs compare to the New Mexico state average?
Hobbs electricity rates are 34.4% lower than the New Mexico state average of 13.85¢/kWh.