New Mexico Utility Energy Efficiency Programs

Updated: December 2018

Overview

New Mexico is served by three investor-owned electric utilities: Public Service Company of New Mexico (PNM), El Paso Electric (EPE) and Xcel Energy. PNM, based in Albuquerque, is the state's largest electricity provider with about 521,000 customers as of 2017. EPE covers southern New Mexico along with territory in west Texas, serving about 97,000 customers in New Mexico as of 2017. Xcel Energy serves a total 3.3 million customers in eight Midwestern and Western states, including about 120,000 under its Southwestern Public Service subsidiary in New Mexico. Twenty-one rural electric cooperatives serve the remaining customers in New Mexico.

The New Mexico Gas Company is the state's largest natural gas provider with 520,000 customers in 2017. Two other natural gas utilities, Raton Natural Gas Company and Zia Natural Gas Company,  and 10 municipal utilities served 113,000 additional customers as of 2017.

Electricity Demand-Side Management

Natural Gas Demand-Side Management