Power Plants in New Mexico

New Mexico's power sector in numbers

Bywatts maps 65 operating power plants with 7.2 GW of nameplate capacity in New Mexico. Natural Gas leads with 55% of that capacity across 16 plants, followed by Coal (22%) and Wind (15%). The inventory also includes 11 plants (2.3 GW) that EIA-860 lists as retired and 2 never built; the largest retired plant is SAN JUAN (1,848 MW, retired 2022).

The largest operating plants are FOUR CORNERS (1,540 MW, Coal, ARIZONA PUBLIC SERVICE CO), HOBBS GENERATING STATION (658 MW, Natural Gas, CAMS NM LLC) and LUNA ENERGY FACILITY (650 MW, Natural Gas, PUBLIC SERVICE CO OF NM).

Of the 63 operating plants with a recorded commissioning year, 51 came online in 2000 or later and 36 in 2010 or later; the busiest decade for new capacity was the 2000s (3.1 GW).

The largest operators by operating capacity are ARIZONA PUBLIC SERVICE CO (1 plant, 1.5 GW), PUBLIC SERVICE CO OF NM (6 plants, 1.3 GW) and SOUTHWESTERN PUBLIC SERVICE CO (3 plants, 731 MW).

Retail electricity sales in New Mexico reached 31.6 TWh in 2025, up 36.7% over ten years and up 4.2% year on year; residential customers took 22.9% of it. The average retail price across all sectors was 9.56 cents per kWh, down 0.7% since 2015.

The database also maps 225 named substations (22 of the 220 with a recorded voltage are rated 345 kV or above), 1 data center (operated by IXNM), 76 solar installers and 17 solar companies in New Mexico.

Operating capacity by fuel

Retail electricity sales

Sources: HIFLD power-plant inventory (capacity, fuel, operator), EIA-860 (commissioning year, retirements, operable capacity), EIA retail sales and revenue series through January 2026. Counts are of plants Bywatts lists, not every generator in the state.