In many parts of the world, renewable energy is being considered as an alternative to supply electricity to communities in developing regions. However, even though various technologies are becoming available, there are several socio-environmental constraints that impinge on the viability of ocean energy conversion projects in isolated communities. By assessing environmental restrictions and socioeconomic attributes where electric power may be produced from the ocean can be useful in prioritizing the locations (especially those isolated) where this alternative is more viable. This paper examines socio-economic and environmental factors that may affect the introduction of ocean energy harvesting in areas currently without electricity. Our findings reveal that: a) in the coastal area of the state of Michoacán, southwest Mexico (at < 20 km from the coast and <100 m.a.s.l.), 153 human settlements with over 4,000 inhabitants lack electric power; 16 of these settlements are indigenous; b) economic activities are mostly fisheries and ecotourism; yet, marginalizaion is very high in the area; c) there are four protected areas with nesting sites for several marine turtle species (greater black, hawksbill, leatherback, and green); the “Deep Pacific Sea” natural protected area harbors great biodiversity; and d) electric power may be produced from ocean energy, especially waves, currents and thermal gradients. The infrastructure for grid connection and technical and logistical support is limited, and the topography near the coast is complex. However, our results indicate that the coastal region of Michoacan, has promising sources of ocean energy, especially for isolated settlements with limited, or no, electricity supply. The results show that waves and thermal gradients are viable options for energy generation in the area studied. Considering socioeconomic conditions and environmental restrictions, our observations suggest that, in particular, ocean energy projects might be successfully implemented in two locations on the coast of Michoacan, Future on-site studies into the environmental impact, the percepction and acceptance of society towards the new technologies and economic costs are necessary before implementing these new technologies.