Center for New Liberalism

SHEET NM · NEW MEXICO · S. 5653

Electricity prices in New Mexico are up 4%.

Meanwhile 27.9 gigawatts of new power, 92% of it solar, wind and batteries, is waiting to connect to the grid.

Write your senators
01 · BILLS
15.3¢
per kWh, Jan–Aug
+4%
vs. 2025
$4
more a month

U.S. average: 18.2¢, up 6.8%, about $10 more a month

02 · WAITING TO CONNECT

27.9 GW across 144 projects, 92% of it solar, wind and batteries

  • Solar 15 GW
  • Batteries 6.9 GW
  • Wind 3.9 GW
  • Gas + other 2.1 GW

1.2M homes’ worth of clean energy from solar and wind projects that already have grid agreements

Prices: EIA, residential, January–August 2026 vs. 2025. Extra cost: the state’s 2024 average household use times the price increase; actual bills vary. Queue: Lawrence Berkeley National Laboratory and GridTracker (CC BY 4.0), end of 2025. Projects are counted where they would be built, their power may serve other states, and most projects in the queue never get built. Homes’ worth is a year’s electricity, not around-the-clock supply.

CLOSE TO HOME

The SunZia wind and transmission project spent about 16 years in permitting and two years in construction before coming online in June 2026, according to Sen. Heinrich.

Source 1: energynow.com · Source 2: nmpoliticalreport.com

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