Farmers Electric Coop, Inc - (NM)
Cooperative electric utility · New Mexico · #935 of 3,199 U.S. utilities by customers · EIA utility #6198
Farmers Electric Coop, Inc - (NM) is a cooperative electric utility serving 13,737 customers in New Mexico. In 2025 it sold 370 gigawatt-hours of electricity for $43.12M in revenue, an average realized rate of 11.67¢ per kWh across all customer classes and 13.68¢ per kWh for residential customers. Its reported service territory covers 10 counties. EIA records its activities as: distribution.
Customers, sales and rates by customer class (2025)
| Class | Customers | Sales (GWh) | Revenue | Avg realized rate | Share of sales |
|---|---|---|---|---|---|
| Residential | 10,310 | 101 | $13.86M | 13.68¢ | |
| Commercial | 1,892 | 101 | $13.37M | 13.18¢ | |
| Industrial | 1,535 | 167 | $15.90M | 9.53¢ | |
| Total | 13,737 | 370 | $43.12M | 11.67¢ |
Average realized rate = revenue divided by sales as reported on EIA Form 861. It blends fixed charges, demand charges and riders into one per-kWh figure; it is not the utility's tariff rate. Estimated residential bill assumes the average residential customer's actual 2025 usage (819 kWh/month).
Five-year trend
| Year | Customers | Sales (GWh) | Revenue | Residential rate |
|---|---|---|---|---|
| 2021 | 13,430 | 394 | $41.57M | 12.21¢ |
| 2022 | 13,496 | 387 | $46.11M | 13.53¢ |
| 2023 | 13,598 | 387 | $40.61M | 12.52¢ |
| 2024 | 13,672 | 382 | $41.79M | 12.87¢ |
| 2025 | 13,737 | 370 | $43.12M | 13.68¢ |
Reliability (2025)
Average outage time (SAIDI): 198 minutes per customer per year
Average outages (SAIFI): 1.53 per customer
Average restoration time (CAIDI): 130 minutes
As reported for New Mexico under the IEEE standard, with major event days included where the standard reports them. Lower is better; see the reliability rankings.
Energy supply (2025)
Net generation: — GWh
Wholesale power purchased: 390 GWh
Winter peak demand: 67 MW
Energy losses: 5.3% of energy handled
Meters & rooftop solar (2025)
Smart (AMI) meters: 0.0% of 13,737 meters
Customer-sited generation (net metering): 84 installations, 3.0 MW of capacity
Counties served
Curry, NMDe Baca, NMDeaf Smith, TXGuadalupe, NMHarding, NMOldham, TXParmer, TXQuay, NMRoosevelt, NMSan Miguel, NM
Other large utilities in New Mexico
- Public Service Co of NM - 556,585 customers, residential 16.35¢
- City of Farmington - (NM) - 45,167 customers, residential 12.95¢
- Jemez Mountains Elec Coop, Inc - 31,792 customers, residential 15.76¢
- Kit Carson Electric Coop, Inc - 31,076 customers, residential 15.68¢
- Continental Divide El Coop Inc - 23,458 customers, residential 16.87¢
- Central New Mexico El Coop, Inc - 21,230 customers, residential 17.39¢
- Otero County Electric Coop Inc - 20,763 customers, residential 19.56¢
- Lea County Electric Coop, Inc - (NM) - 16,775 customers, residential 10.93¢
All New Mexico utilities and rates
Source: U.S. Energy Information Administration, Form EIA-861 2025 (filed by the utility; figures as published). Utility #6198 in the EIA frame.