Charging a 2026 Tesla Model Y Performance AWD at home in New Mexico

A 2026 Tesla Model Y Performance AWD draws 32 kWh per 100 miles per the EPA; at New Mexico's 14.82¢/kWh residential rate that's $4.74 per 100 miles charged at home, versus $16.02 for a 25.5-mpg gas car covering the same distance. That works out to 70.4% cheaper per mile than gasoline in New Mexico — charging at home costs a fraction of what gas would here.

What a year of driving costs

New Mexico owners putting 15,000 annual miles on a 2026 Tesla Model Y Performance AWD spend about $711 on home electricity, compared to about $2,403 a gas-car equivalent would spend on fuel. Call it about $1,692 saved annually, at this mileage.

Cost of a full charge

At New Mexico's rate, fully covering this 2026 Tesla Model Y Performance AWD's 306-mile EPA range costs about $14.5 (97.8 kWh) — the energy the EPA test actually used, not the battery's rated size.

How this compares nationally

Among all 20,400 state-and-model combinations this site tracks, charging a 2026 Tesla Model Y Performance AWD in New Mexico ranks 3,390 for cost savings versus gas — 1 being the best deal nationally. Separately, the Tesla Model Y Performance AWD ranks 85 of 400 EV models for raw efficiency, and New Mexico ranks 17 of 51 for cheapest residential electricity.

Getting set up to charge a 2026 Tesla Model Y Performance AWD at home

Everything above is the per-mile and per-year cost once a home charger exists — getting one installed is a separate electrical job whose price depends on your panel and wiring, not the state average used here.

Line up a few New Mexico electrician quotes for Level 2 install before you commit either way.

More on how this number was built

See the methodology guide for exactly which EIA and EPA figures feed 2026 Tesla Model Y Performance AWD's cost in New Mexico. Curious how New Mexico's 14.82¢/kWh compares? The guide to charging cost by state ranks every state side by side.