Electricity In Colorado

  • Population5,758,736
  • Total Consumption57,113,329 MWh / 9.92 MWh per capita
  • CO2 Emissions from Consumption31,040,564,706 kg
  • Total Production56,561,738 MWh / 9.82 MWh per capita
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Residential Electricity Bills & Rates in Colorado

Colorado residential electric rates are highest in January and the highest average bill is in August.

Historical Electric Rates:

Price Per kWHAverage Bill$0.139/kWh$0.115/kWh$128.61/mo.$66.17/mo.
29th12.92¢Average residential price per kWh in the state of Colorado
5th$94.63Average residential monthly electricity bill for Colorado Residents

Energy Profile of Colorado

Colorado's Electricity Prices and Usage

The average residential electricity rate in Colorado in 2022 is 12.92 cents per kilowatt hour, which is 5.13% lower than the national average of 13.62 cents.. The state has a regulated electricity market, meaning consumers may have only a few provider options to choose from when shopping for their electricity. Citizens in the state have an average monthly residential electric bill of $94.63 per month. The US average monthly bill is $121.91. Public Service Company of Colorado is the largest electricity provider in the state based on total residential customers. Citizens living in the state average a per capita consumption rate of 9.92 megawatt hours of electricity each year. The state produces 32.25% of their electricity using sustainable fuel sources, which ranks them 15th in the country for ratio of sustainable fuel sources to non-renewable sources.

Residential Electricity Providers in Colorado

ProviderService TypeResidential Rate (¢)Residential Average Bill ($)Residential Sales (MWh)Residential Revenues ($)State Production (MWh)
Public Service Company of ColoradoBUNDLED12.1778.2810,124,7271,232,280,98025,092,683.11
Intermountain Rural ElectricBUNDLED13.34122.811,694,885226,069,00062,438.38
Colorado Springs UtilitiesBUNDLED13.1886.491,620,940213,693,4554,087,718
United PowerBUNDLED13.25116.97929,966123,241,787
Holy Cross EnergyBUNDLED11.67266.38659,25276,910,50019,719.98
Black Hills EnergyBUNDLED17.74110.22649,259115,186,1861,686,583
Mountain View Electric AssociationBUNDLED14.42135.14589,32084,957,800
Fort Collins UtilitiesBUNDLED11.6977.16544,74563,669,922
Poudre Valley REABUNDLED11.89114.59491,16858,400,7563,223
City of Longmont ElectricBUNDLED10.2574.33340,86334,950,700

Power Plants in Colorado

PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Pueblo Coal 7,906,696.997,948,450,922.711,005.28
Moffat County Coal 7,192,604.997,287,683,946.211,013.22Yes12/2029
Weld County Natural Gas 3,138,0311,327,616,276.28423.07
Adams County Natural Gas 3,130,7961,391,934,016.48444.59
Morgan County Coal 2,898,917.013,129,707,491.911,079.61Yes
Routt County Coal 2,400,1572,405,319,5441,002.15Yes12/2028
El Paso County Natural Gas 2,379,984962,536,680.98404.43
Keenesburg Natural Gas 2,118,615888,977,162.22419.6
Elbert County Wind 2,092,486
Larimer County Coal 1,840,1741,770,601,445.44962.19

Quick Facts

Residents of the state consume 57,113,329 megawatt hours to meet their electricity needs, ranking Colorado as the 26th highest consuming state in the United States.

Colorado ranks 13th in the US in megawatt hours generated using solar power.

Colorado produces 32.25% of its electricity from renewable fuels, or 3.17 megawatt hours per citizen per year.

During the course of the last 12 months, there has been a 2.53% drop in the use of non-renewable fuels for electricity generation in Colorado.

Colorado has had a 1.11% rise in the state’s total population in the previous year.

Colorado ranks 18th in the US for solar electricity generation per capita, averaging 0.29 megawatt hours produced per person.

CountyPopulationProvidersPlantsResidential Rate (¢)Residential Avg. Electric Bill
Adams County517,42161013.23$120.26/mo
Alamosa County16,2333814.88$99.55/mo
Arapahoe County656,59041713.02$109.55/mo
Archuleta County14,029315.66$104.99/mo
Baca County3,5812215.31$114.86/mo
Bent County5,5772216.77$123.52/mo
Boulder County326,19671312.10$93.54/mo
Broomfield County70,465412.66$95.63/mo
Chaffee County20,3566315.80$97.02/mo
Cheyenne County1,8311113.12$131.39/mo
Clear Creek County9,7005212.44$88.45/mo
Conejos County8,2054213.19$86.32/mo
Costilla County3,887413.87$91.70/mo
Crowley County6,061217.10$119.02/mo
Custer County5,068616.97$106.31/mo
Delta County31,1623114.92$111.31/mo
Denver County727,2114912.32$83.53/mo
Dolores County2,055315.64$114.35/mo
Douglas County351,1545113.35$120.42/mo
Eagle County55,1275312.22$127.76/mo
El Paso County720,40371515.07$123.84/mo
Elbert County26,7292214.21$132.72/mo
Fremont County47,8397117.42$107.70/mo
Garfield County60,0616612.12$104.14/mo
Gilpin County6,243312.70$97.07/mo
Grand County15,7345314.49$103.52/mo
Gunnison County17,4625116.59$111.92/mo
Hinsdale County820615.90$109.05/mo
Huerfano County6,8973315.81$111.26/mo
Jackson County1,3922114.67$105.21/mo
Jefferson County582,8815512.73$99.27/mo
Kiowa County1,406116.65$125.03/mo
Kit Carson County7,0971513.12$131.39/mo
La Plata County56,2213315.80$106.15/mo
Lake County8,1274213.43$84.68/mo
Larimer County356,89971112.28$104.21/mo
Las Animas County14,5064216.95$167.96/mo
Lincoln County5,7014514.42$133.60/mo
Logan County22,40941112.75$120.00/mo
Mesa County154,2105912.86$95.19/mo
Mineral County769415.01$100.42/mo
Moffat County13,2834112.29$107.95/mo
Montezuma County26,1832215.51$105.97/mo
Montrose County42,7585815.14$116.91/mo
Morgan County29,0682513.76$144.62/mo
Otero County18,2783217.44$110.85/mo
Ouray County4,9523115.83$128.55/mo
Park County18,8454113.34$119.86/mo
Phillips County4,265212.57$119.01/mo
Pitkin County17,767512.32$141.43/mo
Prowers County12,1721416.65$125.03/mo
Pueblo County168,42451016.63$113.35/mo
Rio Blanco County6,3245211.34$82.19/mo
Rio Grande County11,2673114.66$97.85/mo
Routt County25,6383113.15$117.51/mo
Saguache County6,8245215.01$99.59/mo
San Juan County728315.79$128.11/mo
San Miguel County8,1793115.82$126.74/mo
Sedgwick County2,2482112.57$119.01/mo
Summit County31,0115212.83$85.92/mo
Teller County25,388215.21$117.46/mo
Washington County4,908514.17$126.74/mo
Weld County324,49282513.26$119.10/mo
Yuma County10,0193114.28$118.62/mo

Power Plant Fuel Types, Emissions & Pollution Factors

Emitting 31,040,564,706.16 kilograms of CO2 emissions, the state of Colorado is the 18th worst in the country for total emissions from electricity use. This total also can be equated to a ranking of 21st highest in the United States for emissions per resident with an average of 5,390.17 kilograms of emissions citizen. About 40.99% of Colorado’s electricity is produced using Coal. Secondary fuels used during electricity generation include Natural Gas at 26.59% and Wind at 26.26% of production. Colorado is home to 222 electricity producing plants, which is the 13th highest number of plants in a state and the 20th highest number of plants per capita in a state.

COAL
Coal
Coal
Coal
Coal
Coal
40.99%
NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
26.59%
WIND
Wind
Wind
Wind
26.26%
SOLAR
Solar
2.93%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
2.76%
OTHER
Other
0.46%

Colorado Net Metering

Approximately 65.45% of the electricity providers in Colorado offer net metering to their consumers. At the state level, Colorado has favorable regulations for consumers interested in purchasing solar panels.

Energy Loss

The average energy loss for electricity providers in Colorado is 3.81%. This includes data from 25 companies, including Public Service Company of Colorado, Colorado Springs Utilities, and Intermountain Rural Electric. For comparison, the US average energy loss is 2.76%. Colorado ranks 17th best in the nation for grid efficiency based on energy loss.

Solar Taxes And Rebates

When it comes to stimulating home installs of solar, tax and rebate incentives from the government are some of the easiest methods. Colorado, unfortunately, has no statewide tax credits offered to residents who purchase solar panels. The state offers limited local rebates rather than a statewide rebate program. Fortunately, Colorado offers a 100% tax exemption to consumers who wish to install private solar. The state provides a 100% sales tax exemption to anyone who purchase solar. This is great news for people in the state.

State Level Initiatives

Whether a consumer is able to seek out electricity plans with renewable fuel sources is at least somewhat determined by state level legislation. Many states require green fuel types to be a portion of the fuel used for electricity production by providers in the state. These requirements are known as Renewable Portfolio Standards (RPS). Electric suppliers in Colorado are required to generate a minimum of 25% of their electricity using renewable fuels. Additionally, there are currently no low income solar programs to assist low income families to install solar panels.

Learn about going solar in Colorado, find out which system size is best for you, compare local installers and see which incentives are available in your area.

FAQ: Common Questions About Energy in Colorado

What is a good electricity rate in Colorado?

The average electricity price paid by residents of Colorado in 2022 is 12.92 cents per kilowatt hour.

Where does Colorado get its electricity?

Colorado’s electricity is produced using primarily Coal, which makes up 40.99% of the fuel used in the state. The second and third most used fuels are Natural Gas and Wind, which make up 26.59% and 26.26% of total generation respectively.

Which electricity company is the largest supplier in Colorado?

The largest electricity company in Colorado by megawatt hours sold is Public Service Company of Colorado.

How many power plants are located within Colorado?

There are 222 active electricity plants located in Colorado

What power companies offer service in Colorado?

How many electric companies offer service in Colorado?

Colorado has 55 electricity suppliers serving consumers in the area.

Does Colorado have a deregulated electricity market?

No, Colorado has a regulated electricity market where consumers often have only a single provider choice for their electricity needs.

What is the average electric bill in Colorado?

The average electric bill in Colorado in 2022 is $95 while the national average is $122.

What is the cheapest electricity company in Colorado?

Residential Rate RankProviderResidential Rate (¢)State Customers
1Fort Morgan Utilities7.936,076
2Moon Lake Electric8.012,260
3Fountain Electric Utilities8.2217,628
4Yuma Electric Service9.691,679
5City of Longmont Electric10.2542,047
6Gunnison Electric11.474,439
7Holy Cross Energy11.6729,321
8Fort Collins Utilities11.6977,554
9Glenwood Springs Electric11.736,580
10City of Loveland Utilities11.7738,282

Last Reviewed By: Ginalyn Gelera
Published: 2021-03-16Last Updated: 2022-01-18