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Cost to run a space heater in New Mexico (June 2026 rates)

At 15.06¢ per kilowatt-hour — New Mexico's average residential price in June 2026 — running a space heater costs $130 a year. That is 18% less than the national average of $158. New Mexico's residential rate is up 2.6% from June 2025, which moves this appliance from $127 to $130 a year.

Per hour
13.6¢
Per day of use
$1.08
Per month
$10.84
Per year
$130

Assumption: 1,500 W at a 60% duty cycle, 8 hours a day, 120 days a year — 864 kWh a year. 1,500 W is the ceiling for a 120 V plug-in heater, and nearly every model sold hits it on high. A thermostat changes how often it runs, not how hard. Use the calculator to swap in the numbers from your own model.

How New Mexico compares

New Mexico pays 15.06¢/kWh, the 14th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $28.34 less a year than the typical U.S. household pays for the same use. Running the same space heater costs $113 a year in Nevada and $456 in Hawaii, so where you live changes this bill by $342 a year.

StateRatePer monthPer year
Mississippi14.88¢$10.71$129
Washington14.91¢$10.74$129
New Mexico15.06¢$10.84$130
Florida15.10¢$10.87$130
Montana15.14¢$10.90$131

States ranked by average residential price, cheapest first. See all 51 states for a space heater.

What else costs about the same in New Mexico

Cutting the number down

Questions

How much does a space heater cost per month in New Mexico?
About $10.84 a month, assuming 1,500 W at a 60% duty cycle, 8 hours a day, 120 days a year at 15.06¢/kWh.
How many kilowatt-hours does a space heater use?
Roughly 864 kWh a year under these assumptions, or 0.90 kWh for every hour it runs.
Is that expensive compared with other states?
New Mexico has the 14th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $158 a year.