This area is served by 18 utility providers across 4 categories. The average residential electricity rate here is 11.0¢/kWh. 70% of households use electricity as their primary heating fuel.
Utility rates in ZIP 88242 vs. US average
Typical monthly utility bills in ZIP 88242
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.
Electric
Natural Gas
Water
Internet
Nearby ZIP codes
Frequently asked questions
How do I set up utilities when moving to 88242?
Contact each provider separately before your move-in date. Start with electric (Central Valley Elec Coop, Inc) and gas (Zia Natural Gas Company, (800) 520-4277) 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 88242 compare to the national average?
Residential electricity in North Hobbs, NM averages 11.0¢/kWh, about 33% below the US average of 16.5¢/kWh and 23% 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 88242?
No — electricity in North Hobbs, NM costs about 33% less than the national average. Compared to New Mexico overall, rates here are about 23% lower. Local rates from NREL (2023); state and US averages from EIA (2024).
What internet providers are available in 88242?
North Hobbs, NM has strong broadband coverage. Providers include AT&T (Fixed Wireless up to 100 Mbps), T-Mobile (Fixed Wireless up to 25 Mbps), TDS Telecom (Cable / Fiber up to 1,000 Mbps), Verizon (Fixed Wireless up to 300 Mbps). Availability varies by street address. Based on FCC Broadband Data Collection filings.
What county is 88242 in?
ZIP code 88242 is in Lea 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.