Cost of Gas
Several factors determine your monthly natural gas bill — one is the cost of the natural gas you use. As a regulated utility, New Mexico Gas Company does not make a profit on the natural gas we purchase for our customers. These costs from market suppliers are passed directly on to our customers.
Current rates are available below. This information is updated around the 15th and 30th of each month. You may also call us at 505-697-3335 (Albuquerque Metro) or toll free at 1-888-NM-GAS-CO (1-888-664-2726) for the current information. Your monthly New Mexico Gas Company bill also includes the projected natural gas charges for the following month.
| Month | Residential | Irrigation | Non-Residential | |
| January 2025 | $0.4355 per therm | $0.4355 per therm | $0.4355 per therm | |
| December 2024 | $0.3870 per therm | $0.3870 per therm | $0.3870 per therm | |
| November 2024 | $0.2834 per therm | $0.2834 per therm | $0.2834 per therm | |
| October 2024 | $0.2983 per therm | $0.2983 per therm | $0.2983 per therm | |
| September 2024 | $0.1283 per therm | $0.1283 per therm | $0.1283 per therm | |
| August 2024 | $0.2014 per therm | $0.2014 per therm | $0.2014 per therm | |
| July 2024 | $0.1945 per therm | $0.1945 per therm | $0.1945 per therm | |
| June 2024 | $0.0618 per therm | $0.0618 per therm | $0.0618 per therm | |
| May 2024 | $0.0593 per therm | $0.0593 per therm | $0.0593 per therm | |
| April 2024 | $0.1768 per therm | $0.1768 per therm | $0.1768 per therm | |
| March 2024 | $0.3011 per therm | $0.3011 per therm | $0.3011 per therm | |
| February 2024 | $0.4552 per therm | $0.4552 per therm | $0.4552 per therm | |
| January 2024 | $0.4507 per therm | $0.4507 per therm | $0.4507 per therm | |
| December 2023 | $0.4432 per therm | $0.3936 per therm | $0.4743 per therm | |
| November 2023 | $0.5014 per therm |
|
$0.5325 per therm | |
| October 2023 | $0.4320 per therm | $0.3824 per therm | $0.4631 per therm | |
| September 2023 | $0.6513 per therm | $0.3931 per therm | $0.4738 per therm | |
| August 2023 | $0.2812 per therm | $0.0230 per therm | $0.1037 per therm | |
| July 2023 | $0.3465 per therm | $0.0883 per therm | $0.1690 per therm | |
| June 2023 | $0.2921 per therm | $0.0339 per therm | $0.1146 per therm | |
| May 2023 | $0.2912 per therm | $0.0330 per therm | $0.1137 per therm | |
| April 2023 | $0.0904 per therm | $0.0408 per therm | $0.1215 per therm | |
| March 2023 | $0.0949 per therm | $0.0453 per therm | $0.1260 per therm | |
| February 2023 | $0.6744 per therm | $0.6248 per therm | $0.7055 per therm | |
| January 2023 | $1.1337 per therm | $1.0841 per therm | $1.1648 per therm |