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

At 16.09¢ per kilowatt-hour — New Mexico's average residential price in July 2026 — running a space heater costs $139 a year. That is 12% less than the national average of $158. New Mexico's residential rate is up 1.8% from July 2025, which moves this appliance from $137 to $139 a year.

Per hour
14.5¢
Per day of use
$1.16
Per month
$11.58
Per year
$139

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.

Related calculators: cost whole-house electric heating instead of one room.

How New Mexico compares

New Mexico pays 16.09¢/kWh, the 26th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $19.18 less a year than the typical U.S. household pays for the same use. Running the same space heater costs $110 a year in Louisiana and $415 in Hawaii, so where you live changes this bill by $305 a year.

StateRatePer monthPer year
Iowa15.99¢$11.51$138
Missouri16.09¢$11.58$139
New Mexico16.09¢$11.58$139
Georgia16.27¢$11.71$141
Alabama16.40¢$11.81$142

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 $11.58 a month, assuming 1,500 W at a 60% duty cycle, 8 hours a day, 120 days a year at 16.09¢/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 26th most expensive average residential rate in the country, so this appliance costs less here than the U.S. average of $158 a year.