EV Charging Cost in New Mexico
Updated August 2026 · average residential rates
Quick answer: New Mexico's average residential electricity rate is 14.6¢/kWh — 14% below the U.S. average, ranking #20 cheapest of 51. A Tesla Model Y costs about $12.17 to fully charge at home here (4.2¢ per mile), and home charging saves roughly $56.84/month versus a comparable gas car at 1,000 miles.
Full-charge cost by model in New Mexico
| Vehicle | Full charge (home) | Per mile | Per 1,000 mi |
|---|---|---|---|
| Tesla Model 3 (RWD) | $9.73 | 3.9¢ | $38.62 |
| Tesla Model Y (Long Range) | $12.17 | 4.2¢ | $41.60 |
| Tesla Model S | $16.22 | 4.4¢ | $43.84 |
| Tesla Cybertruck (AWD) | $19.95 | 6.5¢ | $64.89 |
| Chevrolet Equinox EV | $13.79 | 4.8¢ | $47.71 |
| Ford Mustang Mach-E | $11.68 | 4.9¢ | $49.16 |
| Ford F-150 Lightning | $15.90 | 7.4¢ | $73.74 |
| Hyundai Ioniq 5 | $12.49 | 4.8¢ | $47.71 |
| Hyundai Ioniq 6 | $12.49 | 4.1¢ | $40.56 |
| Kia EV6 | $12.49 | 4.5¢ | $45.06 |
| Kia EV9 | $16.22 | 5.8¢ | $57.94 |
| Nissan Ariya | $14.11 | 5.4¢ | $54.07 |
| Nissan Leaf | $9.73 | 4.8¢ | $47.71 |
| Rivian R1T | $21.90 | 6.8¢ | $67.59 |
| Rivian R1S | $21.90 | 7.1¢ | $70.53 |
| Volkswagen ID.4 | $12.49 | 5.4¢ | $54.07 |
| BMW i4 | $13.14 | 4.6¢ | $46.35 |
| Lucid Air | $18.17 | 4.1¢ | $40.56 |
| Honda Prologue | $13.79 | 5.1¢ | $50.69 |
| Toyota bZ4X | $11.52 | 4.9¢ | $49.16 |
| Tesla Model X | $16.22 | 5.4¢ | $54.07 |
| Chevrolet Blazer EV | $13.79 | 5.4¢ | $54.07 |
| Chevrolet Silverado EV | $27.58 | 6.8¢ | $67.59 |
| GMC Sierra EV | $27.58 | 6.8¢ | $67.59 |
| GMC Hummer EV | $33.26 | 10.1¢ | $101.39 |
| Cadillac Lyriq | $16.55 | 5.6¢ | $55.94 |
| Cadillac Optiq | $13.79 | 5.4¢ | $54.07 |
| Hyundai Kona Electric | $10.54 | 4.5¢ | $45.06 |
| Hyundai Ioniq 9 | $17.84 | 5.6¢ | $55.94 |
| Kia Niro EV | $10.38 | 4.6¢ | $46.35 |
| BMW iX | $17.03 | 5.6¢ | $55.94 |
| BMW i5 | $13.14 | 4.9¢ | $49.16 |
| Mercedes-Benz EQB | $10.87 | 5.2¢ | $52.33 |
| Mercedes-Benz EQE | $14.44 | 4.9¢ | $49.16 |
| Mercedes-Benz EQS | $17.52 | 5.1¢ | $50.69 |
| Audi Q4 e-tron | $12.49 | 5.4¢ | $54.07 |
| Audi Q6 e-tron | $15.25 | 5.2¢ | $52.33 |
| Porsche Taycan | $14.44 | 5.4¢ | $54.07 |
| Porsche Macan Electric | $15.41 | 5.2¢ | $52.33 |
| Polestar 2 | $12.82 | 4.8¢ | $47.71 |
| Polestar 3 | $17.36 | 5.8¢ | $57.94 |
| Volvo EX40 | $12.82 | 5.1¢ | $50.69 |
| Volvo EX90 | $17.36 | 6.0¢ | $60.08 |
| Subaru Solterra | $11.52 | 5.1¢ | $50.69 |
| Lexus RZ | $11.52 | 5.2¢ | $52.33 |
| Volkswagen ID. Buzz | $13.95 | 6.2¢ | $62.39 |
| MINI Countryman SE | $10.38 | 5.2¢ | $52.33 |
| Fiat 500e | $6.81 | 4.5¢ | $45.06 |
| Dodge Charger Daytona EV | $15.09 | 5.6¢ | $55.94 |
| Jeep Wagoneer S | $15.09 | 5.4¢ | $54.07 |
| Acura ZDX | $16.55 | 5.6¢ | $55.94 |
| Genesis GV60 | $12.49 | 4.9¢ | $49.16 |
| Lucid Gravity | $18.17 | 4.9¢ | $49.16 |
Run your own numbers
$12.17
Full charge at home (75 kWh, ~320 mi)
4.2¢
Per mile at home charging
$41.60
Per 1,000 miles / month
$32.25 (11.0¢/mi)
Public DC fast charging (~43¢/kWh)
9.8¢/mi
Comparable gas car (32 mpg @ $3.15/gal)
$56.84/mo saved
vs gas at 1,000 mi/month, home charging
Using New Mexico's average residential rate (14.6¢/kWh) · national average 16.9¢ · includes ~10% AC charging losses. Rates vary by utility and plan — your bill is the source of truth.