New Mexico has a regulated electricity market dominated by investor-owned utilities such as Public Service Company of New Mexico (PNM), El Paso Electric and Xcel Energy’s Southwestern Public Service Company, as well as numerous municipal and cooperative utilities. While full retail choice is not available, large industrial customers may negotiate special contracts or participate in green tariffs. The New Mexico Gas Company supplies natural gas throughout the state. Policies like the Renewable Portfolio Standard and Community Solar Act encourage renewable generation and offer opportunities for customers to procure solar and wind power.
Energy brokers and consultants assist businesses and residents in Albuquerque, Santa Fe, Las Cruces, Rio Rancho, Roswell, Farmington and other towns by analyzing electricity and natural gas usage, advising on time-of-use and demand tariffs, and helping clients procure renewable energy through power purchase agreements and community solar. Consultants also provide guidance on net metering, energy efficiency incentives, and battery storage solutions to improve resilience and reduce costs.
Interested in becoming an energy broker in New Mexico? All you need to do is collect a recent utility bill and let us obtain pricing from competitive suppliers. Register here to join our network and help businesses across New Mexico save on energy costs.