2027 Genesis GV60 Magma: home charging cost in New Mexico

At New Mexico's residential electricity rate of 14.82¢/kWh, a 2027 Genesis GV60 Magma (rated 43 kWh per 100 miles by the EPA) costs $6.37 to drive 100 miles on home charging, against $16.02 for the same distance in a car averaging 25.5 mpg on gasoline at $4.085/gallon. Charging at home is much cheaper than gas here: 60.2% less than gas per mile, here specifically.

What a year of driving costs

Driving 15,000 miles a year — fueleconomy.gov's own default assumption — a 2027 Genesis GV60 Magma charged at home in New Mexico costs about $956/year in electricity, against about $2,403/year for the gas-car comparison. That's a savings of about $1,447 a year.

Filling up the 2027 Genesis GV60 Magma, in dollars

A 2027 Genesis GV60 Magma needs roughly 95.5 kWh to reach its EPA-rated 222-mile range, which runs about $14.15 at 14.82¢/kWh in New Mexico.

Where this ranks

This combination ranks 11,007 of 20,400 state/model pairs for cost savings against gas (1 is cheapest). The Genesis GV60 Magma alone ranks 323 of 400 models for efficiency; New Mexico alone ranks 17 of 51 states for electricity price.

Getting set up to charge a 2027 Genesis GV60 Magma at home

The numbers above assume Level 2 home charging is already in place — the electrical work behind that is a real, separate cost that varies by panel, wiring, and local labor rates, not something this page's per-mile math includes.

Ask a licensed New Mexico electrician to quote the install before this math becomes a real decision.

Where these figures come from

Every figure on this page traces to a named EIA or EPA dataset — see the methodology guide. At 14.82¢/kWh, New Mexico sits in the middle of the national range — the guide to why charging cost varies by state shows where.