CutYourElectric

Southwestern Public Service Co. electricity rates

Investor-owned utility · New Mexico

Residential rate
12.43¢
per kWh incl. all charges
Avg. monthly bill
$121
973 kWh/month
vs. New Mexico
-19%
state avg 15.32¢
Homes served
101K
4th cheapest of 27 in NM
Outage time
3 hr 55 min
per customer, 2025

Southwestern Public Service Co. is a for-profit, investor-owned utility regulated by the state utility commission, serving 101,203 homes in New Mexico. Its residential customers pay an average of 12.43¢/kWh including fixed and delivery charges, 31% less than the U.S. average.

Rate basis: EIA-861M monthly utility data, 12 months ending 2026-07.

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Southwestern Public Service Co. bill estimates

Monthly useAt average all-in rate
500 kWh$62.15
1,000 kWh$124.30
1,500 kWh$186.45
2,000 kWh$248.60

Southwestern Public Service Co. residential rate plans

PlanEffectiveCustomer chargeEnergy charges
Residential Heating Service - Rate 39time-of-use2026-01-01$11.20 11.6¢ (12am–12am) — summer weekdays
R (Residential Service) - Rate 1time-of-use2026-01-01$11.20 11.6¢ (12am–12am) — summer weekdays
Residential Heating Service TOU - Rate 39time-of-use2026-01-01$11.20 8.3¢ (12am–12pm, 6pm–12am) · 28.5¢ (12pm–6pm) — summer weekdays
Residential Service with Electric Space Heatingtime-of-use2019-01-01$10.00 10.5¢ (12am–12am) — summer weekdays

Source: OpenEI U.S. Utility Rate Database. Rates change. Check the linked tariff or your bill for current figures.

Southwestern Public Service Co. rate history

Southwestern Public Service Co. monthly average residential price 10¢12¢14¢15¢17¢ 23/0824/0124/0624/1125/0425/0926/0226/07 23/08: 12¢23/09: 14¢23/10: 12¢23/11: 12¢23/12: 11¢24/01: 11¢24/02: 12¢24/03: 12¢24/04: 12¢24/05: 12¢24/06: 13¢24/07: 13¢24/08: 12¢24/09: 14¢24/10: 11¢24/11: 12¢24/12: 11¢25/01: 11¢25/02: 12¢25/03: 13¢25/04: 13¢25/05: 12¢25/06: 14¢25/07: 13¢25/08: 15¢25/09: 16¢25/10: 12¢25/11: 12¢25/12: 11¢26/01: 12¢26/02: 12¢26/03: 13¢26/04: 14¢26/05: 11¢26/06: 12¢26/07: 11¢
Southwestern Public Service Co.New Mexico avg
Southwestern Public Service Co. annual average residential price 9¢10¢12¢14¢16¢ 2015201720202021202320242025 2015: 9¢2017: 11¢2020: 10¢2021: 11¢2023: 12¢2024: 12¢2025: 13¢
Southwestern Public Service Co.New Mexico avg

2015–2025: +37% change in the average residential rate (9.40¢ → 12.86¢). Annual EIA-861 data.

Outages & reliability

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Reliability history

2025Southwestern Public Service Co.New Mexico avgU.S. avg
Outage minutes per customer (SAIDI)235173266
Outages per customer (SAIFI)1.431.271.34
Average restoration time (CAIDI)2 hr 44 min——
Outage minutes excluding major storms145143121
Southwestern Public Service Co. outage minutes per customer by year 68126184242300 201520172019202120232025 2015: 2012016: 1182017: 902018: 1062019: 2772020: 1122021: 1962022: 1172023: 2562024: 1522025: 235
With major eventsExcluding major events

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 Southwestern Public Service Co.'s counties, customers averaged 92 min without power.

CountyOutage min/customerDays with outagesPeak customers outWorst day
Quay260133,4692025-12-12
Eddy172371,8522025-06-21
Lea109331,0472025-01-10
Chaves58182,1662025-04-30
Roosevelt47181,5832025-02-12
Curry42234,7502025-06-30

Southwestern Public Service Co. service area

Southwestern Public Service Co. serves 6 counties in New Mexico and 28 ZIP codes.

Counties served by Southwestern Public Service Co.

Chaves, Curry, Eddy, Lea, Quay, Roosevelt

Cities: Roswell, Clovis, Hobbs, Carlsbad, Artesia, Portales, Lovington, Tucumcari, Eunice, Cannon Air Force Base, Jal, Loving, Dexter, Hagerman, La Huerta, Texico, Atoka

Programs, smart meters & solar

Smart meters (AMI) for homes83%
Time-based rate programsTime-of-use rates
Homes on time-based rates16
Net-metered solar homes2,240
Residential efficiency incentives paid (2025)$3,902,902
Residential energy saved by programs17,271 MWh

Southwestern Public Service Co. at a glance

OwnershipInvestor-owned utility
Services—
Commercial rate8.90¢/kWh
Industrial rate5.14¢/kWh
Retail revenue (2025)$828,994,900
Electricity sold (2025)12,728,511 MWh
Balancing authoritySWPP
EIA utility ID17718
Websitewww.xcelenergy.com/company/rates_and_regulations/filings/new_mexico_demand-side_management

Other utilities in New Mexico

Compare all New Mexico electric companies →

Frequently asked questions

What is Southwestern Public Service Co.'s electricity rate?

Southwestern Public Service Co. residential customers pay an average of 12.43¢ per kWh, all charges included (EIA-861M monthly utility data, 12 months ending 2026-07). That's 19% below the New Mexico average of 15.32¢ and 31% below the U.S. average.

What is the average Southwestern Public Service Co. electric bill?

About $121 a month. The average Southwestern Public Service Co. home uses 973 kWh a month. At 1,000 kWh the bill would be about $124.

How many customers does Southwestern Public Service Co. have?

Southwestern Public Service Co. serves 101,203 residential customers and 128,335 customers in total in New Mexico, across 6 counties.

How reliable is Southwestern Public Service Co.?

In 2025, the average Southwestern Public Service Co. customer was without power for 3 hr 55 min (SAIDI) over 1.43 interruptions (SAIFI), including major storms. Excluding major event days it was 2 hr 25 min. The New Mexico average was 2 hr 53 min and the U.S. average 4 hr 26 min.

Does Southwestern Public Service Co. offer time-of-use rates?

Yes. The OpenEI rate database lists 4 time-of-use residential plans, including Residential Heating Service - Rate 39. Running big appliances off-peak can cut their cost. Pick the plan in the calculator above to see by how much.

Does Southwestern Public Service Co. offer net metering for solar?

Southwestern Public Service Co. had 2,240 residential net-metered customers in 2025 with 21.1 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 Southwestern Public Service Co. before making decisions.