WattBuy’s Guide to

Electricity in
Hope

New Mexico

Header Graphic

The State of Electricity in Hope

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

Average monthly bill

January

$246highest

February

$153

March

$129lowest

April

$129lowest

May

$130

June

$165

July

$164

August

$172

September

$136

October

$133

November

$144

December

$164

Carbon Emissions

520 lbs CO₂

Monthly Usage

1,043 kWh

Where does Hope’s electricity come from?

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 energy in Hope

The state of solar in Hope

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

Learn More about solar
Net Metering Available

Get paid for the extra solar you produce

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.

Utilities in Hope

Otero County Electric Coop Inc

Otero County Electric Coop Inc Rates

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

Rate NameRate TypeCost Per kWh
Residential Optional - Time of Use RateTOU9¢ to 27¢
Residential - Regular RateFixed14¢

Learn About Electricity in Other Cities in New Mexico

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