With July tending to be the month with the highest energy consumption and summer being the season that most Americans relocate to start a new family or career, the leading personal finance website WalletHub followed up on its analysis of the Best & Worst Cities for Families with an in-depth look at 2015’s Most & Least Energy-Expensive States.
To help consumers gauge their energy expenses relative to where they live or plan to move, WalletHub compared the average monthly energy bills in each of the 50 U.S. states and the District of Columbia. We used eight key metrics to examine the consumption rates and prices of four different energy types: electricity, natural gas, motor fuel and home heating oil.
New Mexico’s Energy Consumption & Costs (1=Best; 25=Average):
- 27th – Price of Electricity
- 12th – Electricity Consumption per Total Housing Units
- 14th – Price of Natural Gas
- 33th – Natural Gas Consumption per Total Housing Units
- 17th – Price of Fuel
- 46th – Fuel Consumption per Driver
For the full report, click here.