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

About $7.34 a month, assuming 1,000 W, 1.5 hours a day, 365 days a year at 16.09¢/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 26th most expensive average residential rate in the country, so this appliance costs less here than the U.S. average of $100 a year.

Home › Well pump › New Mexico

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

At 16.09¢ per kilowatt-hour — New Mexico's average residential price in July 2026 — running a well pump costs $88.09 a year. That is 12% less than the national average of $100. New Mexico's residential rate is up 1.8% from July 2025, which moves this appliance from $86.50 to $88.09 a year.

Per hour: 16.1¢
Per day of use: 24.1¢
Per month: $7.34
Per year: $88.09

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 16.09¢/kWh, the 26th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $12.15 less a year than the typical U.S. household pays for the same use. Running the same well pump costs $69.64 a year in Louisiana and $263 in Hawaii, so where you live changes this bill by $193 a year.

State	Rate	Per month	Per year
Iowa	15.99¢	$7.30	$87.55
Missouri	16.09¢	$7.34	$88.09
New Mexico	16.09¢	$7.34	$88.09
Georgia	16.27¢	$7.42	$89.08
Alabama	16.40¢	$7.48	$89.79

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$86.89 a year in NM Gaming pc$93.97 a year in NM Aquarium$95.14 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 $7.34 a month, assuming 1,000 W, 1.5 hours a day, 365 days a year at 16.09¢/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 26th most expensive average residential rate in the country, so this appliance costs less here than the U.S. average of $100 a year.