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
$340highestFebruary
$185March
$145April
$141May
$140lowestJune
$165July
$168August
$168September
$148October
$149November
$182December
$222Carbon Emissions
600 lbs CO₂
Monthly Usage
1,204 kWh
Edgewood's energy comes from Wind, Natural Gas, Solar, and Coal. Wind is the largest source of electricity, providing 49% of Edgewood's energy. Natural Gas is the second largest source, making up 23%. Solar provides 16% of the energy in Edgewood. Coal provides 13% of the energy in Edgewood.
49%
Wind
23%
Natural Gas
16%
Solar
13%
Coal
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 |
| General Service with electric water heater (rate 22) | Fixed | 6¢ to 13¢ |
| Time of Use Residential Service with Electric Thermal Storage units | TOU | 4¢ to 15¢ |
| New Time-Of-Use Residential Service | TOU | 5¢ to 16¢ |
| General Service | Fixed | 13¢ |
| Time of Use Residential Service Without Electric Thermal Storage Unit | TOU | 6¢ to 15¢ |
| General Service with electric water heater w/ timer (rate 22T) | Fixed | 5¢ to 13¢ |
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