WattBuy’s Guide toElectricity in
Electricity in
Folsom
New Mexico
New Mexico
Here's the average monthly bill, usage, and carbon footprint of residents in Folsom
January
$383highestFebruary
$190March
$172April
$141May
$138June
$145July
$150August
$158September
$136lowestOctober
$147November
$172December
$191Carbon Emissions
634 lbs CO₂
Monthly Usage
1,208 kWh
Folsom's energy comes from Wind, Natural Gas, Solar, and Coal. Wind is the largest source of electricity, providing 49% of Folsom's energy. Natural Gas is the second largest source, making up 22%. Solar provides 17% of the energy in Folsom. Coal provides 12% of the energy in Folsom.
49%
Wind
22%
Natural Gas
17%
Solar
12%
Coal
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
$12,746
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Folsom 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.
Southwestern Electric Coop Inc has several different electricity rates for residential customers, as shown in the table below.
| Rate Name | Rate Type | Cost Per kWh |
| Residential-General Service | Fixed | 16¢ |
| Residential Electric Space Heating | Fixed | 10¢ to 16¢ |
| Residential Electric Space Heating & Central Cooling | Fixed | 10¢ to 16¢ |
| Residential Central Cooling & Water Heating | Fixed | 10¢ to 16¢ |
| Residential Electric Water & Space Heating | Fixed | 10¢ to 16¢ |
| Residential Central Cooling | Fixed | 10¢ to 16¢ |
| Residential Electric Water Heating- TOU | Fixed | 10¢ to 16¢ |
Enter your address and WattBuy's proprietary energy estimation model will find the best electricity options for your home