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Cost to charge a 2026 Lexus RZ 350e FWD in New Mexico

At 16.09¢ per kilowatt-hour — New Mexico's average residential price in July 2026 — a full charge costs $13.26 and a year of driving costs $529. That is 12% less than the national average of $602.

Per mile
4.4¢
Full charge
$13.26
Per month
$44.09
Per year
$529

Assumptions: 12,000 miles a year, home Level 2 charging, and EPA combined consumption measured at the wall (so charging losses are already included). Gasoline comparison uses $3.50 a gallon at 30 MPG. Change any of these in the calculator.

Against a gasoline car in New Mexico

Charging at home saves $871 a year against a 30 MPG gasoline car at $3.50 a gallon.

Electricity
4.4¢/mi
Gasoline
11.7¢/mi
Per year, EV
$529
Per year, gas
$1,400

Fuel only. Insurance, maintenance, tires, depreciation and any purchase incentives are outside this comparison, and they can easily be larger than the fuel difference.

How New Mexico compares

New Mexico has the 26th most expensive residential electricity in the country, which puts a full charge at $13.26 here against $10.48 in Louisiana and $39.55 in Hawaii.

StateRateFull chargePer year
Iowa15.99¢$13.18$526
Missouri16.09¢$13.26$529
New Mexico16.09¢$13.26$529
Georgia16.27¢$13.41$535
Alabama16.40¢$13.51$539

Similar running costs in New Mexico

Charging it for less in New Mexico

Questions

How much does it cost to fully charge a 2026 Lexus RZ 350e FWD in New Mexico?
About $13.26, drawing roughly 82.4 kWh from the wall at 16.09¢/kWh.
What does it cost per mile?
About 4.4¢ per mile on electricity, against roughly 11.7¢ per mile for a 30 MPG gasoline car at $3.50 a gallon.
How far does a 2026 Lexus RZ 350e FWD go on a charge?
EPA rates it at 301 miles of combined range.