Commercial Energy Consumption in New Mexico

The charts and statistics below show the economic indicators of commercial energy consumption in New Mexico including the following:

Gross Product in the New Mexico Commercial Sector per Unit of Energy Input

Because New Mexico commerce is growing faster than energy consumption in the commercial sector, these data show this sector of the state economy becoming less energy intensive over time. Read more about energy statistics.

Source: U.S. Energy Information Administration (EIA) State Energy Data System (SEDS database) and U.S. Department of Commerce Bureau of Economic Analysis (BEA) using categories from the U.S. Census North American Industry Classification System (NAICS).

Gross Product in the New Mexico Commercial Sector per Unit of Energy Input 1997 – 2011

(current dollars per million Btu)

1997: 294.681723243; 1998: 297.985420018; 1999: 305.100239183; 2000: 293.389853872; 2001: 312.629471742; 2002: 330.519303898; 2003: 365.858610469; 2004: 381.087230143; 2005: 399.930508185; 2006: 425.689590867; 2007: 436.158369267; 2008: 455.608488523; 2009: 484.99221758; 2010: 476.64495399; 2011: 482.914279401;
Gross state product in the New Mexico commercial sector per unit of energy input in 2011
($ / million Btu)
$482.91
Gross national product in the U.S. commercial sector per unit of energy input
($ / million Btu)
$664.97
State rank 43

current dollars - show chained-2005 dollars

Average annual increase in New Mexico gross state product in the commercial sector per unit of energy input 1997–2011 3.3%
U.S. average annual increase 3.5%
Percent increase state rank 31

current dollars - show chained-2005 dollars

Gross Product in the New Mexico Commercial Sector per Kilowatt-Hour of Electricity Input

You can see by comparing the slope of this graph with the one above that electricity is growing faster than total energy consumption in the New Mexico commercial sector. In both cases, these indicators show that the commercial sector is becoming less energy intensive over time.

Source: EIA SEDS database and BEA.

Gross Product in the New Mexico Commercial Sector per kWh of Electricity Input 1997 – 2011

(current dollars per kWh)

1997: 4.602; 1998: 4.513; 1999: 4.674; 2000: 4.328; 2001: 4.639; 2002: 4.867; 2003: 5.431; 2004: 5.614; 2006: 6.102; 2007: 6.229; 2008: 6.554; 2009: 6.778; 2010: 6.647; 2011: 6.61;
Gross state product in the New Mexico commercial sector per kWh of electricity input in 2011
($ / kWh)
$6.61
Gross national product in the U.S. commercial sector per kWh
($ / kWh)
$8.99
State rank 39

current dollars - show chained-2005 dollars

Average annual increase in gross state product in the New Mexico commercial sector per kWh of electricity input 1997–2011 2.4%
U.S. average annual increase 2.6%
Percent increase state rank 32

current dollars - show chained-2005 dollars

Average annual increase in gross state product in the New Mexico commercial sector 1997–2011 4.4%
U.S. average annual increase 4.3%
State rank for percent annual growth 26

current dollars - show chained-2005 dollars