WattBuy’s Guide toElectricity in
Electricity in
Hope
New Mexico
New Mexico
Here's the average monthly bill, usage, and carbon footprint of residents in Hope
January
$246highestFebruary
$153March
$129lowestApril
$129lowestMay
$130June
$165July
$164August
$172September
$136October
$133November
$144December
$164Carbon Emissions
520 lbs CO₂
Monthly Usage
1,043 kWh
Hope's energy comes from Wind, Natural Gas, Solar, and Coal. Wind is the largest source of electricity, providing 49% of Hope's energy. Natural Gas is the second largest source, making up 23%. Solar provides 16% of the energy in Hope. Coal provides 13% of the energy in Hope.
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.
0 kWh
Energy generated by average sized system
$12,384
Average system cost
(after federal incentive)
10 years
Payback period
Net metering policies in Hope 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.
Otero County 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 Optional - Time of Use Rate | TOU | 9¢ to 27¢ |
| Residential - Regular Rate | Fixed | 14¢ |
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