Electricity in Hobbs, New Mexico
3 electric utilities serve homes in Lea County, where Hobbs is: Southwestern Public Service, Lea County Electric Cooperative and Central Valley Electric Cooperative. The name of your utility is on your bill. In 2025, the average home bill of these utilities was $112.39 (Central Valley Electric Cooperative) to $125.11 (Southwestern Public Service) a month. The New Mexico average was $94.65.
- 40,863 people (2025 estimate)
- Lea County
- EIA data, 2025
Electric utilities in Hobbs
EIA lists utilities by county, not by city. These utilities serve homes in Lea County. Your address has one utility: its name is on your bill, or type your ZIP code in the utility finder.
| Utility | Homes in New Mexico | Average bill 2025 | 1,000 kWh now |
|---|---|---|---|
| Southwestern Public ServiceInvestor-owned utility | 101,203 | $125.11973 kWh, 12.9¢ | — |
| Lea County Electric CooperativeElectric cooperative | 7,292 | $118.701,076 kWh, 11.0¢ | — |
| Central Valley Electric CooperativeElectric cooperative | 6,167 | $112.391,149 kWh, 9.8¢ | — |
The average bill is the 2025 average of each utility's homes that bought their power from it (EIA-861); a dash means that its homes buy power from a retail supplier. The 1,000 kWh bill is from the official tariff, before taxes, for the utilities that have a calculator on this site. The New Mexico average was $94.65 a month for 638 kWh (14.8¢ per kWh).
Solar power in Hobbs
A home solar system on a south-facing roof in Hobbs makes about 1,764 kWh a year for each kW of panels (PVWatts, National Laboratory of the Rockies). A 6 kW system makes about 10,582 kWh a year. See what that saves on your utility's rates with the solar savings calculator.
Lower your electric bill in Hobbs
- Open your utility above for its average bill, outages and rates.
- Help paying the electric bill in New Mexico: bill assistance, payment plans and discounts.
- Why is my electric bill so high? and the appliance cost calculator.
More about New Mexico: New Mexico electric rates and all New Mexico utilities, business electricity rates and natural gas bills. Other cities: Alamogordo, Albuquerque, Carlsbad, Clovis, Farmington, Las Cruces, Rio Rancho, Roswell, Santa Fe.
Who provides electricity in Hobbs, NM?
3 electric utilities serve homes in Lea County, where Hobbs is: Southwestern Public Service, Lea County Electric Cooperative and Central Valley Electric Cooperative. The name of your utility is on your bill.
What is the average electric bill in Hobbs, NM?
In 2025, the average home bill of these utilities was $112.39 (Central Valley Electric Cooperative) to $125.11 (Southwestern Public Service) a month. The New Mexico average was $94.65 a month for 638 kWh. Your bill depends on your kWh and your rate plan.
utilityratecalc.com is not part of any utility or city government. Sources: Census Bureau city population estimates, Vintage 2025 (the city and its counties); EIA-861 data, 2025 (utilities by county, homes and average bills).