Central Valley Electric Co-op electricity rates
Electric cooperative · New Mexico · SPP region
Central Valley Electric Co-op is a member-owned electric cooperative, so its customers own it and elect its board, serving 6,167 homes in New Mexico. Its residential customers pay an average of 9.73¢/kWh including fixed and delivery charges, 46% less than the U.S. average.
Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.
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Central Valley Electric Co-op bill estimates
| Monthly use | At average all-in rate | Base tariff charges* |
|---|---|---|
| 500 kWh | $48.65 | $61.24 |
| 1,000 kWh | $97.30 | $102.48 |
| 1,500 kWh | $145.95 | $143.72 |
| 2,000 kWh | $194.60 | $184.96 |
*Residential Rate (effective 2009-02-01, $20.00/month customer charge), energy and fixed charges from the OpenEI Utility Rate Database. Riders, fuel adjustments and taxes are often billed separately, so real bills usually land closer to the all-in column. Calculate your bill.
Central Valley Electric Co-op residential rate plans
| Plan | Effective | Customer charge | Energy charges |
|---|---|---|---|
| Residential Rate | 2009-02-01 | $20.00 | 8.25¢ |
Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.
Central Valley Electric Co-op rate history
2015–2025: +19% change in the average residential rate (8.21¢ → 9.79¢). Annual EIA-861 data.
Outages & reliability
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Reliability history
| 2025 | Central Valley Electric Co-op | New Mexico avg | U.S. avg |
|---|---|---|---|
| Outage minutes per customer (SAIDI) | 326 | 173 | 266 |
| Outages per customer (SAIFI) | 2.19 | 1.27 | 1.34 |
| Average restoration time (CAIDI) | 2 hr 29 min | — | — |
| Outage minutes excluding major storms | 280 | 143 | 121 |
Outages in counties served (2025)
From ORNL EAGLE-I, which tracks customers without power every 15 minutes. These counts cover every utility in each county. Weighted across Central Valley Electric Co-op's counties, customers averaged 2 hr 55 min without power.
| County | Outage min/customer | Days with outages | Peak customers out | Worst day |
|---|---|---|---|---|
| Otero | 638 | 82 | 6,623 | 2025-06-13 |
| Eddy | 172 | 37 | 1,852 | 2025-06-21 |
| Lea | 109 | 33 | 1,047 | 2025-01-10 |
| Chaves | 58 | 18 | 2,166 | 2025-04-30 |
Central Valley Electric Co-op service area
Central Valley Electric Co-op serves 4 counties in New Mexico and 19 ZIP codes.
Chaves, Eddy, Lea, Otero
Cities: Roswell, Hobbs, Carlsbad, Artesia, Lovington, Dexter, Hagerman, La Huerta, Atoka
Programs, smart meters & solar
| Smart meters (AMI) for homes | 100% |
| Customers with daily usage data online | 6,167 |
| Time-based rate programs | None reported |
| Net-metered solar homes | 70 |
| Residential efficiency incentives paid (2025) | $16,174 |
| Residential energy saved by programs | 60 MWh |
Central Valley Electric Co-op at a glance
| Ownership | Electric cooperative |
| Services | Distribution |
| Commercial rate | 14.32¢/kWh |
| Industrial rate | 8.06¢/kWh |
| Retail revenue (2025) | $78,719,200 |
| Electricity sold (2025) | 940,938 MWh |
| Peak demand | 130 MW summer · 124 MW winter |
| Line losses | 4.9% |
| Balancing authority | SWPP |
| EIA utility ID | 3287 |
| Website | WWW.CVECOOP.ORG |
Other utilities in New Mexico
Frequently asked questions
What is Central Valley Electric Co-op's electricity rate?
Central Valley Electric Co-op residential customers pay an average of 9.73¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 36% below the New Mexico average of 15.32¢ and 46% below the U.S. average.
What is the average Central Valley Electric Co-op electric bill?
About $112 a month. The average Central Valley Electric Co-op home uses 1,149 kWh a month. At 1,000 kWh the bill would be about $97.
How many customers does Central Valley Electric Co-op have?
Central Valley Electric Co-op serves 6,167 residential customers and 14,927 customers in total in New Mexico, across 4 counties.
How reliable is Central Valley Electric Co-op?
In 2025, the average Central Valley Electric Co-op customer was without power for 5 hr 26 min (SAIDI) over 2.19 interruptions (SAIFI), including major storms. Excluding major event days it was 4 hr 40 min. The New Mexico average was 2 hr 53 min and the U.S. average 4 hr 26 min.
Does Central Valley Electric Co-op offer net metering for solar?
Central Valley Electric Co-op had 70 residential net-metered customers in 2025 with 0.6 MW of capacity. Estimate solar savings at this utility's rate.
Sources: EIA-861 2025 and EIA-861M (through July 2026), OpenEI URDB, ORNL EAGLE-I, U.S. Census. Methodology. Spot an error? Rates change often, so confirm with Central Valley Electric Co-op before making decisions.