Save Money on Your New Mexico Power Bills!

(Last Updated On: January 1, 2019)

The electric bill can be a budget-buster when you’re surviving on a low income. Fortunately, your power company can usually help. There are several unknown or little-advertised programs that power companies may offer that can help lower the cost of your power bill.

Most power companies offer a budget billing plan, which averages the annual cost of electricity in a home and bills the customer in 12 even installments. This can help low-income customers maintain a budget and avert payment problems, especially during the more expensive winter months.

Some companies even offer free energy-efficiency improvements (including free LED light bulbs!) and moratoriums that prevent your power from being shut off during the winter.

Just click the link below to find out what discounts, rebates and other money-saving programs are offered by YOUR local utility company!

El Paso Electric

You could get help through Project Share, the time of use rate plan and budget billing. El Paso also offers rebates on appliances and other electric-related purchases. You might be able to get benefits just for being a customer. Check out the full scholarship they offer as a benefit to their customers. To learn more about it and everything else El Paso Electric offers, click here!


Are you a PNM customer? You might be able to get help through the company! There are a variety of programs you could use to help pay your bill. Choose a lower rate, upgrade your home and give yourself more options with PNM. You can see these benefits and also check out everything else we found here.

Xcel Energy

If you have Xcel Energy, you might have options! You could get payment plans, assistance and arrangements. People who qualify could also save more through the Xcel Energy low-income assistance plans. To learn more about everything we’ve found, check this article out!

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Don’t see your company? Let us know in the comments!

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  1. Netty
    June 28, 2018
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      June 29, 2018
  2. Sheryl Nanco
    September 20, 2018
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    October 3, 2018
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    June 30, 2019
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      July 1, 2019

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