CutYourElectric

Electricity rates in Hobbs, NM

Typical rate
12.43¢
Southwestern Public Service Co.
Est. monthly bill
$121
973 kWh/month
vs. New Mexico
-19%
state 15.32¢
Outage time (2025)
109 min
Lea County avg

Hobbs (38,416 people, Lea County) is served by 3 electric utilities. Homes on Southwestern Public Service Co. pay about 12.43¢/kWh, 19% less than the New Mexico average.

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Electric companies serving Hobbs

UtilityTypeRateAvg billHomes (statewide)Outage min
Southwestern Public Service Co.Investor-owned utility12.43¢$121101K235
Lea County Electric Co-opElectric cooperative11.21¢$1217,292243
Central Valley Electric Co-opElectric cooperative9.73¢$1126,167326

Power outages in Lea County right now

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Outage history in Lea County

20242025
Outage minutes per customer83109
Days with outages2033
Most customers out at once1,315 (2.8%)1,047 (2.2%)
Worst day2024-07-042025-01-10

Outage minutes by month, 2025

  • Jan6
  • Feb2
  • Mar18
  • Apr9
  • May7
  • Jun11
  • Jul12
  • Aug13
  • Sep2
  • Oct4
  • Nov15
  • Dec10

More outage time than 2024 (83 min). Data: ORNL EAGLE-I county outage snapshots every 15 minutes, covering all utilities in the county.

Nearby cities

ZIP codes: 88240, 88241, 88242, 88244

Frequently asked questions

What is the electricity rate in Hobbs?

Most homes in Hobbs get power from Southwestern Public Service Co., where residential customers pay an average of 12.43¢/kWh including all charges. The New Mexico average is 15.32¢ and the U.S. average 17.99¢. Other utilities serving parts of Hobbs: Lea County Electric Co-op (11.21¢), Central Valley Electric Co-op (9.73¢).

What is the average electric bill in Hobbs?

About $121 a month, based on 973 kWh a month (the average for Southwestern Public Service Co. customers) at 12.43¢/kWh. Homes with electric heat, pools or EVs pay more.

Who is the electric company in Hobbs, NM?

3 utilities serve Hobbs's ZIP codes: Southwestern Public Service Co., Lea County Electric Co-op, Central Valley Electric Co-op. Which one serves you depends on your street address.

How often does the power go out in Hobbs?

In 2025, customers in Lea County averaged 109 min without power. Outages hit 33 days of the year, and the worst day was 2025-01-10, when 1,047 customers (2.2%) were out. Source: ORNL EAGLE-I.