How much does a well pump cost per month in New Mexico?

About $6.87 a month, assuming 1,000 W, 1.5 hours a day, 365 days a year at 15.06¢/kWh.

How many kilowatt-hours does a well pump use?

Roughly 548 kWh a year under these assumptions, or 1.00 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 $100 a year.

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Cost to run a well pump in New Mexico (June 2026 rates)

At 15.06¢ per kilowatt-hour — New Mexico's average residential price in June 2026 — running a well pump costs $82.45 a year. That is 18% less than the national average of $100. New Mexico's residential rate is up 2.6% from June 2025, which moves this appliance from $80.37 to $82.45 a year.

Per hour: 15.1¢
Per day of use: 22.6¢
Per month: $6.87
Per year: $82.45

Assumption: 1,000 W, 1.5 hours a day, 365 days a year — 548 kWh a year. A 1/2 to 3/4 HP submersible pump running about 90 minutes a day for an average household's water use. 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 $17.96 less a year than the typical U.S. household pays for the same use. Running the same well pump costs $71.78 a year in Nevada and $289 in Hawaii, so where you live changes this bill by $217 a year.

State	Rate	Per month	Per year
Mississippi	14.88¢	$6.79	$81.47
Washington	14.91¢	$6.80	$81.63
New Mexico	15.06¢	$6.87	$82.45
Florida	15.10¢	$6.89	$82.67
Montana	15.14¢	$6.91	$82.89

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

What else costs about the same in New Mexico

Dehumidifier$81.32 a year in NM Gaming pc$87.95 a year in NM Aquarium$89.05 a year in NM

Cutting the number down

A waterlogged pressure tank makes the pump short-cycle, which is hard on the motor and shows up on the bill.
A running toilet or dripping outdoor spigot runs the pump all night; leaks are the usual explanation for a sudden jump.

Questions

How much does a well pump cost per month in New Mexico?: About $6.87 a month, assuming 1,000 W, 1.5 hours a day, 365 days a year at 15.06¢/kWh.
How many kilowatt-hours does a well pump use?: Roughly 548 kWh a year under these assumptions, or 1.00 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 $100 a year.