WattBuy’s Guide to

Electricity in
Hobbs

New Mexico

Header Graphic

The State of Electricity in Hobbs

Here's the average monthly bill, usage, and carbon footprint of residents in Hobbs

Average monthly bill

January

$248highest

February

$150

March

$143

April

$140lowest

May

$167

June

$191

July

$190

August

$193

September

$160

October

$155

November

$143

December

$153

Carbon Emissions

566 lbs CO₂

Monthly Usage

1,135 kWh

Where does Hobbs’s electricity come from?

Hobbs's energy comes from Wind, Natural Gas, Solar, and Coal. Wind is the largest source of electricity, providing 49% of Hobbs's energy. Natural Gas is the second largest source, making up 23%. Solar provides 16% of the energy in Hobbs. Coal provides 13% of the energy in Hobbs.

49%

Wind

23%

Natural Gas

16%

Solar

13%

Coal

Solar energy in Hobbs

The state of solar in Hobbs

Solar power is on the rise, helping homeowners save on their electricity bills and power their homes sustainably.

0 kWh

Energy generated by average sized system

$12,837

Average system cost

(after federal incentive)

10 years

Payback period

Learn More about solar
Net Metering Available

Get paid for the extra solar you produce

Net metering policies in Hobbs 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.

Utilities in Hobbs

Lea County Electric Coop, IncXcel Energy - New Mexico

Lea County Electric Coop, Inc Rates

Lea County Electric Coop, Inc has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
Large Irrigation ServiceFixed
Small Irrigation ServiceFixed
Cottin Gin ServiceFixed
Residential Service - Single PhaseFixed
Residential Service - Three PhaseFixed

Xcel Energy - New Mexico Rates

Xcel Energy - New Mexico has several different electricity rates for residential customers, as shown in the table below.

Rate NameRate TypeCost Per kWh
Residential Heating ServiceFixed7¢ to 10¢
Residential Service - Alternative TOUTOU10¢ to 28¢
RS (Residential Service)Fixed11¢ to 13¢

Learn About Electricity in Other Cities in New Mexico

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