Home charging cost
Charging a Tesla Model Y in Albuquerque, NM
What it actually costs to charge at home on PNM's residential electricity rate.
Home charging at a glance
Albuquerque rate
$0.16/kWh
PNM
Full charge
~$12.64
321–357 miles
Cost per mile
~4.2¢
Yearly home-charging cost
Based on the Tesla Model Y’s efficiency (3.8 mi/kWh) at PNM's residential rate. For comparison, a 30-mpg gas car at $3.50/gallon runs about 12¢/mile.
Home vs. public fast charging
Costs below are for a 10%–80% charge — the usable fast-charge window, about 55 kWh of the Tesla Model Y’s 79 kWh battery. That’s the range most owners actually use, since charging past 80% slows down sharply.
Home charging
~$8.85
10 → 80% · 4.2¢/mile
$0.16/kWh
Public fast charging
~$27.65
10 → 80% · 13.2¢/mile
~$0.50/kWh (DC fast)
Charging the Tesla Model Y on public DC fast chargers costs roughly 3.1× more than at home — about $18.80 extra per 10→80% charge. Most owners charge at home and only use fast charging on road trips, so your real average lands much closer to the home number.
Level 1 vs. Level 2: can your outlet keep up?
The cost per kWh is the same either way. What changes is how fast the Tesla Model Y recovers range while parked at home.
Level 1 · standard outlet
~5 mi/hour
120V · no installation needed
~9 hours to recover 40 miles of driving. A 10-hour overnight plug-in adds about 46 miles.
Level 2 · 240V circuit
~36 mi/hour
240V · uses the Tesla Model Y’s 9.6 kW onboard charger
~1 hour to recover 40 miles. A 10-hour overnight plug-in adds up to 365 miles.
If your daily driving stays under ~46 miles, a regular outlet may be all the Tesla Model Y needs. Drive more than that, and Level 2 — or a workplace charger — becomes the difference between an EV that fits your life and one that doesn’t.
Does a Level 2 install pay for itself?
A home Level 2 setup — 240V circuit plus charger — typically runs $800–$1,800 installed. If the alternative is relying on public fast chargers, home charging the Tesla Model Y in Albuquerque saves about $89.47/month at 12,000 miles a year.
At a mid-range install cost of $1,300, that’s a payback of roughly 15 months — and every month after that is pure savings.
Will a Tesla Model Y actually work for your home in Albuquerque?
Cost is one piece. The bigger question is whether your outlet and daily driving keep you covered without relying on public chargers. Answer 5 quick questions for a clear, personalized answer.
Check your EV readiness →Frequently asked questions
How much does it cost to charge a Tesla Model Y at home in Albuquerque?
At PNM's residential rate of $0.16 per kWh, a full charge of the Tesla Model Y's 79 kWh battery costs about $12.64 — roughly 4.2 cents per mile.
What is the yearly cost to charge a Tesla Model Y in Albuquerque?
Driving 12,000 miles a year, home charging a Tesla Model Y in Albuquerque costs about $505 per year.
Can you charge a Tesla Model Y on a regular outlet?
Yes. On a standard 120V outlet (Level 1), the Tesla Model Y recovers about 5 miles of range per hour — roughly 46 miles overnight. A 240V Level 2 circuit charges about 8x faster.
Is it cheaper to charge a Tesla Model Y at home or at a public fast charger?
Home charging in Albuquerque costs about 4.2 cents per mile, while public DC fast charging runs about 13.2 cents per mile — roughly 3.1x more.
Tesla Model Y charging cost in other locations
Electricity rate is PNM's residential rate. Charging cost assumes home (Level 1 or Level 2) charging; efficiency and battery figures from the EV guide. Rates last reviewed Q2 2026.