Colorado Electricity Rates & Average Electricity Bills

Electricity Rates in Colorado

Electricity Rates, Plans & Statistics

  • The average electricity bill in Colorado is $102.43
  • The average electricity rate in Colorado is 14.85¢

Electric Bills and Electric Rates in Colorado

The average residential electric bill in Colorado is $102.43 per month. Colorado is the 3rd most expensive state in the country for electricity.

To save on your monthly electricity bill consider switching electricity providers.

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Electricity Companies & Statistics in Colorado

  • Population
    see rank
    5,839,926
  • Total Production
    see rank
    59,156,748 MWh / 10.13 MWh per capita
  • Total Consumption
    see rank
    56,933,915 MWh / 9.75 MWh per capita
  • Total Production from Renewable
    see rank
    23,532,278 MWh / 4.03 MWh per capita
  • CO2 Emissions from Consumption
    see rank
    25,589,237,531 kg / 4,381.77 kg per capita
  • Total Production from Non-Renewable
    see rank
    35,663,742 MWh / 6.11 MWh per capita
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Average Residential Electricity Bills & Rates in Colorado

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

Historical Electricity Rates:

Price Per kWhAverage Bill$0.157/kWh$0.115/kWh$146.35/mo.$66.17/mo.
29th14.85¢Average residential price per kWh in the state of Colorado
3rd$102.43Average residential monthly electricity bill for Colorado Residents

Colorado Electricity Fuel Mix

MonthlyWe report production data as it is published. Due to reporting methods and timing, data from 2023 and 2022 may be incomplete. Data is released in full each fall for the previous calendar year. For clarification on any data points, please contact our team.
AnnualAnnual data for 2022 will be finalized in the fall of 2023. Until that time, some data may be incomplete. Data for 2023 is a summation of all information released to date, which may only represent a portion of the actual production that has occurred. For clarification on any data points, please contact our team.

Colorado's Electricity Prices and Usage

The Colorado residential electricity rate in 2024 currently averages 14.85 cents per kilowatt hour while the national average price is 16.35 cents. Colorado ranks as the 29th lowest priced state in the United States based on average electric rate. Consumers in the state don't have much choice in their electricity company due to the fact that Colorado has a regulated electricity market based on the resident's home address. Generating 10.13 megawatt hours per person living in the state, Colorado ranks as the 37th largest per capita generator of electricity in the US. The average monthly residential electricity bill for a customer in Colorado is $102.43 per month, while the national average is $141.91. Selling 28,327,256.8 megawatt hours, Public Service Company of Colorado is the largest supplier in the state. The state has grown the amount of electricity produced by hydroelectric power sources by roughly 1.92% during the previous year.

Residential Electricity Providers in Colorado

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ProviderService TypeResidential Rate (¢)Residential Rate State RankResidential Average Bill ($)Residential Average Bill State RankResidential Sales (MWh)Residential Sales State RankResidential Revenues ($)Residential Revenues State RankState Production (MWh)State Production Rank
Public Service Company of ColoradoBUNDLED14.862288.7269,730,950.1311,446,057,105124,074,332.61
Core Electric CooperativeBUNDLED14.6020124.21291,673,4972244,312,00021,013,012.954
Colorado Springs UtilitiesBUNDLED14.141687.0351,569,025.53221,937,31033,473,197.992
United PowerBUNDLED14.9424121.8926969,192.674144,830,618410
Holy Cross EnergyBUNDLED12.9310172.5949741,712.22595,892,295.677322,591.925
Black Hills EnergyBUNDLED16.232994.128620,305.236100,665,05262,026,9633
Mountain View Electric AssociationBUNDLED16.7934159.4345618,756.947103,876,947.96510
Fort Collins UtilitiesBUNDLED12.87980.032525,922.52867,707,473810
Poudre Valley REABUNDLED12.126109.4919521,829.92963,235,28293,0828
La Plata Electric AssociationBUNDLED17.1739135.6839349,446.191059,984,186.721010
City of Longmont ElectricBUNDLED12.35795.359348,754.011143,058,686.931310
Delta Montrose ElectricBUNDLED15.7728134.7838306,962.81248,408,837.661110
City of Loveland UtilitiesBUNDLED14.3317100.9512283,414.731340,626,997.371410
Yampa Valley Electric AssociationBUNDLED16.9436174.2550264,7281444,837,086.761210
San Isabel Electric AssociationBUNDLED18.1743137.9140195,902.111535,589,453.311510
Mountain Parks ElectricBUNDLED15.4827134.3337182,093.851628,187,100.851710
Grand Valley PowerBUNDLED16.8635159.9446179,662.651730,288,265.071610
Fountain Electric UtilitiesBUNDLED14.6121120.0224155,047.381822,656,279.671810
San Miguel Power AssociationBUNDLED17.0038164.0447128,950.241921,921,271.65191,8099
Empire Electric AssociationBUNDLED16.3431133.7136116,606.712019,059,191.532010
55 providers total

Commercial Electricity Providers in Colorado

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ProviderService TypeCommercial Rate (¢)Commercial Rate RankCommercial Average Bill ($)Commercial Average Bill State RankCommercial Sales (MWh)Commercial Sales State RankCommercial Revenues ($)Commercial Revenues State RankState Production (MWh)State Production Rank
Public Service Company of ColoradoBUNDLED11.8319555.454012,612,291.4311,492,094,384124,074,332.61
Colorado Springs UtilitiesBUNDLED10.404225.5161,063,422.072110,560,20423,473,197.992
Black Hills EnergyBUNDLED11.5517666.4646856,787.74398,963,05342,026,9633
Core Electric CooperativeBUNDLED12.0122588.9344829,146499,582,00031,013,012.954
United PowerBUNDLED11.9721567.9141642,082.35576,858,228510
Holy Cross EnergyBUNDLED11.0111442.0928527,684.09658,088,981.416322,591.925
Fort Collins UtilitiesBUNDLED11.1613484.7532474,236.31752,946,931710
Poudre Valley REABUNDLED11.2214770.1648404,632.58845,407,79683,0828
City of Longmont ElectricBUNDLED11.05121,104.6653340,473.98937,633,706.95910
La Plata Electric AssociationBUNDLED13.2931429.0323260,102.181034,569,907.121010
Morgan County Rural Electric AssociationBUNDLED10.746960.5852217,799.751123,386,273.011210
Mountain View Electric AssociationBUNDLED14.7240501.5735174,718.681225,714,765.191110
YW Electric AssociationBUNDLED10.9810851.4850150,160.431316,485,453.241710
Empire Electric AssociationBUNDLED11.3516492.3633146,075.631416,574,956.781610
Delta Montrose ElectricBUNDLED12.7228376.0920143,936.41518,313,759.581310
Fort Morgan UtilitiesBUNDLED8.792854.7551132,895.321611,677,573.012310
Yampa Valley Electric AssociationBUNDLED13.7133341.117132,060.211718,098,994.171410
Mountain Parks ElectricBUNDLED12.1024367.8318128,271.931815,525,794.361810
Southeast Colorado Power AssociationBUNDLED14.1036519.9539121,306.581917,109,069.951510
KC Electric AssociationBUNDLED12.5827495.734120,862.52015,206,4652010
55 providers total

Power Plants in Colorado

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PlantCity/CountyPrimary Fuel TypeProduction (MWh)Emission (KG)Emissions/MWh (KG/MWh)Toxic Chemical ReleaseClosing Date
Comanche (CO)Holy Cross Energy (5.57%)Public Service Company of Colorado (76.79%)Core Electric Cooperative (17.64%)
Pueblo Coal 5,742,632.035,494,368,753.89956.77
Craig (CO)Platte River Power Authority (11.12%)Tri State Generation (53.06%)PacifiCorp (11.91%)Public Service Company of Colorado (6.00%)Salt River Project (17.91%)
Moffat County Coal 5,044,5995,510,307,378.931,092.3212/2029
Fort St VrainPublic Service Company of Colorado (100.00%)
Weld County Natural Gas 4,615,2001,845,965,040.64399.98
CherokeePublic Service Company of Colorado (100.00%)
North Washington CDP Natural Gas 3,362,7701,351,680,418.9401.95
Rocky Mountain Energy CenterPublic Service Company of Colorado (100.00%)
Weld County Natural Gas 2,723,3821,086,694,534.1399.02
PawneePublic Service Company of Colorado (100.00%)
Morgan County Coal 2,469,503.422,892,960,622.731,171.47
Front Range Power PlantColorado Springs Utilities (100.00%)
El Paso County Natural Gas 2,222,170897,988,182.84404.1
HaydenPublic Service Company of Colorado (53.14%)Salt River Project (29.34%)PacifiCorp (17.52%)
Routt County Coal 2,200,092.992,218,451,971.141,008.3412/2028
Rush Creek WindPublic Service Company of Colorado (100.00%)
Elbert County Wind 2,133,623
Cheyenne Ridge Wind FarmPublic Service Company of Colorado (100.00%)
Cheyenne County Wind 1,857,465
Pueblo Airport Generating StationBlack Hills Energy (64.54%)Argo Infrastructure Partners (35.46%)
Pueblo Natural Gas 1,579,414799,672,353.76506.31
RawhidePlatte River Power Authority (100.00%)
Larimer County Coal 1,341,721.011,321,071,711.85984.61
Ray D NixonColorado Springs Utilities (100.00%)
El Paso County Coal 1,036,516.991,074,787,461.791,036.92
Bronco Plains Wind, LLCBronco Plains Wind, LLC (100.00%)
Kit Carson County Wind 1,004,676
JM Shafer Generating StationTri State Generation (100.00%)
Fort Lupton Natural Gas 952,580475,121,684.38498.77
Golden West Power Partners LLCNextEra Energy (100.00%)
El Paso County Wind 803,446
Limon III Wind LLCNextEra Energy (100.00%)
Lincoln County Wind 770,742
Niyol Wind, LLCNiyol Wind, LLC (100.00%)
Fleming Wind 726,370
Neptune Energy Center HybridNeptune Energy Center, LLC (100.00%)
Pueblo County Solar 707,346
Cedar Creek WindOntario Municipal Employees Retirement System (100.00%)
Weld County Wind 669,324
267 power plants total

Quick Facts

Colorado customers are faced with outages that are on average 73.18 minutes per incident, with approximately 0.75 outages a year.

During the past year, Colorado saw a 0.48% increase in total population.

Colorado generates 3.90% more electricity than the state consumes, leading to the ability to export the excess.

Natural gas makes up 30.54% of the electric generation in Colorado, giving it a rank of 26th countrywide for total natural gas production.

Roughly 17,488,638.96 megawatt hours of electricity in Colorado are generated per year using natural gas. This is 2.99 megawatt hours per citizen in the state each year.

Wind turbines produce 2.93 megawatt hours per year per person for Colorado residents, which is 11th highest in the nation.

Colorado Counties Comparison

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CountyPopulationProvidersPlantsResidential Rate (¢)Residential Rate State RankResidential Rate National RankResidential Avg. Electric BillResidential Bill State RankResidential Bill National Rank
El Paso County740,56761716.26332,258$139.75/mo371,034
Denver County713,25221114.86201,748$88.72/mo121
Arapahoe County655,80831114.69161,669$112.15/mo13341
Jefferson County576,1434614.75171,703$107.91/mo11246
Adams County527,57552714.65151,652$134.46/mo32832
Douglas County375,9884114.84191,740$124.06/mo23595
Larimer County366,77881213.5151,039$114.27/mo14377
Weld County350,17663614.40101,465$130.67/mo26719
Boulder County327,46871214.60131,614$96.63/mo463
Pueblo County169,54441517.27492,456$120.98/mo21526
Mesa County158,6363716.30352,267$139.90/mo381,041
Broomfield County76,121314.89211,760$101.29/mo6173
Garfield County61,2216914.56121,573$115.41/mo17402
Eagle County55,6934214.1781,356$165.35/mo612,291
La Plata County55,6731317.17462,441$135.68/mo35898
Fremont County49,0076117.71522,491$115.00/mo15396
Montrose County42,3282916.36382,284$148.75/mo471,441
Delta County31,133315.80302,170$135.42/mo33880
Summit County31,0424215.07241,835$103.21/mo7192
Morgan County28,8685814.45111,499$167.81/mo632,428
Montezuma County25,9161516.34372,281$133.71/mo30807
Elbert County25,8972116.30362,270$151.59/mo541,550
Routt County24,8993116.92422,412$173.65/mo642,658
Teller County24,607315.04231,821$111.75/mo12331
Logan County21,76561714.2591,398$141.14/mo391,123
Chaffee County19,4363318.01592,523$120.57/mo20517
Otero County18,6654117.84532,502$143.85/mo421,225
Pitkin County17,4715213.4441,004$166.66/mo622,358
Park County17,3843114.62141,634$121.11/mo22529
Gunnison County16,8513218.34632,548$144.70/mo441,265
Alamosa County16,3773916.72402,389$104.87/mo9205
Grand County15,6293315.47252,056$133.67/mo29804
Las Animas County14,5314218.27622,543$146.62/mo451,333
Archuleta County13,267117.17462,441$135.68/mo34897
Moffat County13,2403215.56282,097$154.98/mo571,709
Prowers County11,9664417.99582,519$151.05/mo531,526
Rio Grande County11,4763116.84412,404$105.93/mo10220
Yuma County9,944415.89322,190$148.61/mo461,433
Clear Creek County9,4273214.82181,731$94.05/mo252
San Miguel County8,0842116.93432,414$161.03/mo582,036
Conejos County7,5793215.54272,087$94.66/mo358
Lake County7,4173215.87312,184$98.92/mo5153
Kit Carson County7,0712613.093841$131.74/mo27746
Huerfano County6,7872418.18612,538$137.82/mo36969
Rio Blanco County6,4952212.781699$103.67/mo8194
Saguache County6,3695117.27482,455$115.36/mo16401
Crowley County6,0182117.66512,487$141.30/mo401,131
Bent County5,8612217.96562,514$149.68/mo511,478
Gilpin County5,812314.93221,778$115.76/mo18404
Lincoln County5,6303516.29342,265$154.49/mo561,689
Ouray County4,8501117.00442,421$164.04/mo602,215
Washington County4,834415.68292,138$154.01/mo551,663
Custer County4,720318.48642,559$128.18/mo25676
Phillips County4,497314.0661,300$149.06/mo491,455
Baca County3,5193317.96572,515$149.52/mo501,473
Costilla County3,517417.30502,458$117.90/mo19436
Sedgwick County2,4592114.0671,302$148.99/mo481,449
Dolores County2,288216.58392,349$144.60/mo431,262
Cheyenne County1,6911113.092838$131.77/mo28748
Kiowa County1,414117.94552,511$150.44/mo521,505
Jackson County1,3751115.48262,060$134.33/mo31828
Hinsdale County858418.16602,537$141.36/mo411,132
Mineral County794217.85542,504$124.96/mo24607
San Juan County698217.00452,423$163.21/mo592,137

Power Plant Fuel Types, Emissions & Pollution Factors

Colorado is home to 267 electricity producing plants, which is the 11th highest in the country and 19th most when counting plants per person. Power generating facilities in the state most often use Natural Gas, which makes up 30.54% (or 18,063,815.42 megawatt hours) of the fuel types used for electricity generation in the state. Secondary fuels used during electricity generation include Coal at 29.56% and Wind at 28.89% of generation. Colorado residents average 4,381.77 kilograms of CO2 emissions per resident from electricity consumption. This comes to a total pollution amount from electricity use of 25,589,237,531.34 kilograms of CO2 emissions.

NATURAL GAS
Natural Gas
Natural Gas
Natural Gas
Natural Gas
30.54%
COAL
Coal
Coal
Coal
29.56%
WIND
Wind
Wind
Wind
28.89%
SOLAR
Solar
8.08%
CONVENTIONAL HYDROELECTRIC
Conventional Hydroelectric
2.64%
OTHER
Other
0.37%

Colorado Net Metering

Of the 55 electricity suppliers in Colorado, 42 of them report that they offer net metering. The state has favorable net metering and feed in tariffs that make solar and other types of electricity generation more affordable.

Energy Loss

The average energy loss for electricity companies in Colorado is 2.23%. This includes data from 24 companies, including Public Service Company of Colorado, Colorado Springs Utilities, and Core Electric Cooperative. With a United States average of 2.43%, Colorado is the 14th best state in the country.

Solar Taxes And Rebates

In order to encourage personal solar, all a state needs to do is pass legislation with solar related tax and rebate incentives. Colorado, unfortunately, has no tax credits offered to residents who install solar panels. The state offers limited local rebates rather than a statewide rebate program. Colorado citizens have the ability to apply a 100% property tax exemption for the purchase of solar, which is better than almost all other states. There is currently a 100% sales tax exemption in place for the purchase of solar panels.

State Level Initiatives

Whether a consumer is able to easily purchase electricity plans with renewable fuel sources is at least partially determined by statewide initiatives. Renewable Portfolio Standards (RPS) encourage or require electric providers to generate a percentage of their electricity using green fuel types. Colorado has made strong efforts to create an RPS plan that requires at least 25% of electricity production to be fueled by renewable fuels. In addition, 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 Electricity in Colorado

Where does Colorado get its electricity?

The main fuel type used for electricity generation in Colorado is Natural Gas, making up 30.54% of the fuel used in the state. The second and third most used fuel types are Coal and Wind, which account for 29.56% and 28.89% of total production respectively.

Does Colorado have a deregulated electricity market?

No, the state has a regulated market, where citizens' electricity supplier choices are often determined by their location or state legislation.

How much does electricity cost in Colorado?

The average rate per kilowatt hour of electricity in Colorado in 2024 is 14.85 cents.

What is the average electric bill in Colorado?

The Colorado average electricity bill is $102 so far in 2024.

How many electric companies offer service in Colorado?

Colorado has 55 electricity companies operating in the area.

What is the cheapest electricity company in Colorado?

Residential Rate RankProviderResidential Rate (¢)State Customers
1Fort Morgan Utilities8.416,594
2Moon Lake Electric9.302,227
3Holyoke, Colorado Electric Utility11.451,151
4Yuma Electric Service11.581,526
5Granada, Colorado Electric Utility11.91292
6Poudre Valley REA12.1253,776
7City of Longmont Electric12.3540,483
8Julesburg, Colorado Electric Utility12.55922
9Fort Collins Utilities12.8779,616
10Holy Cross Energy12.9357,272

What power companies offer service in Colorado?

What electricity company is the largest provider in Colorado?

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

How many power plants are in Colorado?

Colorado has 267 active power plants generating electricity for the state.

Matt Hope
Last Reviewed By: Matt Hope
Published: 2024-10-18