This area is served by 14 utility providers across 4 categories. The average residential electricity rate here is 12.3¢/kWh. 49% of households use electricity as their primary heating fuel.
Utility rates in ZIP 88118 vs. US average
Typical monthly utility bills in ZIP 88118
Figures from U.S. Census ACS 5-year estimates, reflecting households that pay utilities separately from rent. In dense urban areas where heat or hot water is often included in rent, these numbers represent the subset of residents who pay directly.
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Internet
Nearby ZIP codes
Frequently asked questions
How do I set up utilities when moving to 88118?
Contact each provider separately before your move-in date. Start with electric (Farmers Electric Coop, Inc - (NM)) and gas (Eastern New Mexico Nat Gas, (575) 355-2468) since those typically need a few business days to activate. Water and sewer are often handled with one call to your local utility. Set up internet last since it may require an installation visit.
How do utility rates in 88118 compare to the national average?
Residential electricity in Floyd, NM averages 12.3¢/kWh, about 25% below the US average of 16.5¢/kWh and 13% below the New Mexico state average of 14.2¢/kWh. Natural gas in New Mexico averages $9.05/Mcf, about 38% below the national average. Actual monthly bills vary by home size, insulation, and season. Local rates from NREL; state and US averages from EIA Form 861 (2024); natural gas prices from EIA Form 176 (2024).
Is electricity expensive in 88118?
No — electricity in Floyd, NM costs about 25% less than the national average. Compared to New Mexico overall, rates here are about 13% lower. Local rates from NREL (2023); state and US averages from EIA (2024).
What internet providers are available in 88118?
Floyd, NM has strong broadband coverage. Providers include AT&T (Fixed Wireless up to 100 Mbps), T-Mobile (Fixed Wireless up to 100 Mbps), Verizon (Fixed Wireless up to 50 Mbps), Yucca Telecom (Fiber up to 1,000 Mbps). Availability varies by street address. Based on FCC Broadband Data Collection filings.
What county is 88118 in?
ZIP code 88118 is in Roosevelt County, New Mexico.
Disclaimer: Provider information is sourced from federal databases including HIFLD, EPA SDWIS, FCC Broadband Data, and EIA-861. Utility cost estimates are from the U.S. Census Bureau American Community Survey 5-Year Estimates. Local electric rates are based on 2023 NREL Utility Rate Database data; state and US averages are from EIA Form 861 (2024). Coverage areas are approximate and may not reflect recent changes. Please verify directly with your provider.
Data sources: U.S. Census Bureau, NREL, EIA-861, HIFLD, EPA, FCC. Last updated: May 2026.