ColoradoElectricity Rates & Utility Costs
The average residential electricity rate in Colorado is 15.56¢/kWh, which is around the national average. That's 9.6% lower than the national average.
Residential
15.56¢
per kWh
Commercial
11.85¢
per kWh
Industrial
8.49¢
per kWh
Avg Monthly Bill
$115
residential
Colorado vs National Average
| Metric | Colorado | National Avg | Difference |
|---|---|---|---|
| Residential Rate | 15.56¢/kWh | 17.22¢/kWh | -1.66¢ |
| Monthly Bill | $115 | $134 | $-19.00 |
| Renewable Energy | 30.0% | ~22% | Above avg |
| Primary Source | Natural Gas | ||
Why Electricity Is Affordable in Colorado
Colorado's electricity rates are close to the national average. The state relies primarily on Natural Gas for power generation, with renewable sources making up 30.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
Utility Companies in Colorado
| Utility | Avg Rate | Customers | Type |
|---|---|---|---|
| Xcel Energy | 15.56¢/kWh | 1,400,000 | both |
| Colorado Springs Utilities | 13.50¢/kWh | 260,000 | both |
Appliance Running Costs in Colorado
Based on Colorado's residential rate of 15.56¢/kWh.
| Appliance | Watts | Hours/Day | Monthly Cost | Annual Cost |
|---|---|---|---|---|
| Air Purifier | 50 | 24 | $5.60 | $67.22 |
| Blender | 400 | 0.1 | $0.19 | $2.24 |
| CFL Bulb (13W) | 13 | 8 | $0.49 | $5.83 |
| Cable / Satellite Box | 35 | 24 | $3.92 | $47.05 |
| Ceiling Fan | 75 | 12 | $4.20 | $50.41 |
| Central Air Conditioner | 3,500 | 8 | $130.70 | $1,568.45 |
| Chest Freezer | 80 | 24 | $8.96 | $107.55 |
| Clothes Dryer (Electric) | 3,000 | 1 | $14.00 | $168.05 |
| Coffee Maker | 900 | 0.25 | $1.05 | $12.60 |
| Crypto Mining Rig | 1,500 | 24 | $168.05 | $2,016.58 |
| Dehumidifier | 300 | 12 | $16.80 | $201.66 |
| Desktop Computer | 200 | 8 | $7.47 | $89.63 |
| Dishwasher | 1,800 | 1 | $8.40 | $100.83 |
| Electric Baseboard Heater | 1,000 | 10 | $46.68 | $560.16 |
| Electric Fireplace | 1,400 | 4 | $26.14 | $313.69 |
Compare With Other States
More Data for Colorado
Frequently Asked Questions
What is the average electricity rate in Colorado?
The average residential electricity rate in Colorado is 15.56¢ per kWh, which is 9.6% below the national average of 17.22¢/kWh.
How much is the average monthly electric bill in Colorado?
The average monthly residential electric bill in Colorado is $115, compared to the national average of $134.
Why is electricity cheap in Colorado?
Colorado's electricity rates are close to the national average. The state relies primarily on Natural Gas for power generation, with renewable sources making up 30.0% of the mix. Competitive market options and moderate generation costs help keep rates stable.
What is the main energy source in Colorado?
The primary energy source in Colorado is Natural Gas, with 30.0% of electricity coming from renewable sources.
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Data verified March 2026 · Source: U.S. Energy Information Administration (EIA)