WattBuy’s Guide toElectricity in
Electricity in
Edgewood
New Mexico
New Mexico
Here's the average monthly bill, usage, and carbon footprint of residents in Edgewood
January
$246highestFebruary
$179March
$152April
$131May
$129lowestJune
$152July
$155August
$155September
$137October
$138November
$168December
$205Carbon Emissions
618 lbs CO₂
Monthly Usage
1,178 kWh
Edgewood's energy comes from Wind, Natural Gas, Solar, Coal, and Hydroelectric. Wind is the largest source of electricity, providing 43% of Edgewood's energy. Natural Gas is the second largest source, making up 34%. Solar provides 14% of the energy in Edgewood. Coal provides 9% of the energy in Edgewood. Hydroelectric provides 1% of the energy in Edgewood.
43%
Wind
34%
Natural Gas
14%
Solar
9%
Coal
1%
Hydroelectric
Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.
1,587 kWh
Energy generated by average sized system
$13,637
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Edgewood can help solar panel owners save money and reduce their carbon footprint. When your solar panels generate more electricity than you use, you can send the excess back to the grid and receive credit on your next bill. Just something to keep in mind when considering solar panels.
Central New Mexico El Coop, Inc has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Time of Use Residential Service Without Electric Thermal Storage Unit | TOU | 6¢ to 15¢ |
| General Service | Fixed | 13¢ |
| New Time-Of-Use Residential Service | TOU | 5¢ to 16¢ |
| Time of Use Residential Service with Electric Thermal Storage units | TOU | 4¢ to 15¢ |
| General Service with electric water heater (rate 22) | Fixed | 6¢ to 13¢ |
| General Service with electric water heater w/ timer (rate 22T) | Fixed | 5¢ to 13¢ |
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