Electricity Rates in Colorado
Electricity Rates, Plans & Statistics
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Electricity Companies & Statistics in Colorado
- Population see rank5,839,926
- Total Production see rank57,678,231 MWh / 9.88 MWh per capita
- Total Consumption see rank56,300,577 MWh / 9.64 MWh per capita
- Total Production from Renewable see rank21,844,799 MWh / 3.74 MWh per capita
- CO2 Emissions from Consumption see rank26,167,355,271 kg / 4,480.77 kg per capita
- Total Production from Non-Renewable see rank35,870,585 MWh / 6.14 MWh per capita
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Average Residential Electricity Bills & Rates in Colorado
Colorado residential electric rates are highest in September and the highest average bill is in August.
Historical Electricity Rates:
Colorado Electricity Fuel Mix
Colorado's Electricity Prices and Usage
The Colorado residential electricity rate in 2024 currently averages 14.49 cents per kilowatt hour while the national average price is 16.12 cents. Colorado ranks as the 28th 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. The state produces 57,678,231.23 megawatt hours from its power plants, which is the 30th highest total generation for a state in the US. Citizens in the state consume, on average, 9.64 megawatt hours of electricity each, which is the 39th largest amount of electricity use per capita in the country. The state is ranked 15th in the country for percentage of electricity produced from renewable fuel sources, creating 37.87% of their electricity from these renewable sources. Public Service Company of Colorado sells 27,949,506.65 megawatt hours in the state per year, more than any other electricity supplier.
Residential Electricity Providers in Colorado
Provider | Service Type | Residential Rate (¢) | Residential Average Bill ($) | Residential Sales (MWh) | Residential Revenues ($) | State Production (MWh) |
---|---|---|---|---|---|---|
Public Service Company of Colorado | BUNDLED | 14.46 | 83.88 | 9,409,117.06 | 1,360,767,195 | 24,705,863.92 |
Core Electric Cooperative | BUNDLED | 14.53 | 122.01 | 1,641,053 | 238,433,000 | 818,145.73 |
Colorado Springs Utilities | BUNDLED | 13.94 | 84.57 | 1,536,950.76 | 214,318,442 | 3,283,718 |
United Power | BUNDLED | 14.04 | 110.09 | 920,498.9 | 129,264,254 | |
Holy Cross Energy | BUNDLED | 12.28 | 140.69 | 657,125.99 | 80,674,345.74 | 261,606.81 |
Black Hills Energy | BUNDLED | 13.84 | 77.11 | 594,679 | 82,307,683 | 1,958,933 |
Mountain View Electric Association | BUNDLED | 14.83 | 131.67 | 581,312.94 | 86,229,620.76 | |
Fort Collins Utilities | BUNDLED | 12.65 | 76.6 | 510,520.67 | 64,597,888 | |
Poudre Valley REA | BUNDLED | 12.14 | 107.1 | 502,472.63 | 61,005,347 | 3,083 |
City of Longmont Electric | BUNDLED | 11.30 | 78.22 | 321,842.52 | 36,369,334.42 |
Commercial Electricity Providers in Colorado
Provider | Service Type | Commercial Rate (¢) | Commercial Average Bill ($) | Commercial Sales (MWh) | Commercial Revenues ($) | State Production (MWh) |
---|---|---|---|---|---|---|
Public Service Company of Colorado | BUNDLED | 11.71 | 549.02 | 12,571,074.19 | 1,471,693,784 | 24,705,863.92 |
Colorado Springs Utilities | BUNDLED | 10.19 | 229.79 | 1,085,322 | 110,618,224 | 3,283,718 |
Black Hills Energy | BUNDLED | 9.02 | 523.05 | 856,151 | 77,217,651 | 1,958,933 |
Core Electric Cooperative | BUNDLED | 12.11 | 588.92 | 816,869 | 98,908,000 | 818,145.73 |
United Power | BUNDLED | 11.35 | 529.14 | 626,322.36 | 71,086,248 | |
Holy Cross Energy | BUNDLED | 10.22 | 397.97 | 493,149.35 | 50,406,846.94 | 261,606.81 |
Fort Collins Utilities | BUNDLED | 10.95 | 475.89 | 470,626.02 | 51,522,585 | |
Poudre Valley REA | BUNDLED | 11.16 | 741.01 | 386,429.84 | 43,134,812 | 3,083 |
City of Longmont Electric | BUNDLED | 9.64 | 932.67 | 323,769.25 | 31,215,694.34 | |
La Plata Electric Association | BUNDLED | 12.28 | 387.43 | 249,196.31 | 30,595,585.68 |
Power Plants in Colorado
Plant | City/County | Primary Fuel Type | Production (MWh) | Emission (KG) | Emissions/MWh (KG/MWh) | Toxic Chemical Release | Closing Date |
---|---|---|---|---|---|---|---|
Pueblo | Coal | 6,410,935.02 | 6,113,107,925.26 | 953.54 | |||
Moffat County | Coal | 4,999,571 | 5,389,870,255.85 | 1,078.07 | 12/2029 | ||
Fort St VrainPublic Service Company of Colorado (100.00%) | Weld County | Natural Gas | 4,379,679 | 1,755,800,394.88 | 400.9 | ||
North Washington CDP | Natural Gas | 3,487,363 | 1,374,911,466.46 | 394.26 | |||
Rocky Mountain Energy CenterPublic Service Company of Colorado (100.00%) | Weld County | Natural Gas | 2,513,446 | 1,010,871,794.1 | 402.19 | ||
Morgan County | Coal | 2,501,361.4 | 2,947,776,227.45 | 1,178.47 | |||
Routt County | Coal | 2,363,853.99 | 2,363,460,425.21 | 999.83 | 12/2028 | ||
Front Range Power PlantColorado Springs Utilities (100.00%) | El Paso County | Natural Gas | 2,122,884 | 859,031,424.72 | 404.65 | ||
Rush Creek WindPublic Service Company of Colorado (100.00%) | Elbert County | Wind | 2,099,264 | ||||
Cheyenne Ridge Wind FarmPublic Service Company of Colorado (100.00%) | Cheyenne County | Wind | 1,832,223 |
Quick Facts
Colorado is the 21st worst polluting state in the nation based on electricity related pollution, emitting 26,167,355,271.44 kilograms of CO2 emissions.
With 5,839,926 citizens within its borders and 57,678,231.23 megawatt hours produced a year, Colorado had a megawatt hour per capita production of 9.88 megawatt hours. This is the 37th largest megawatt hour per capita total in the nation.
Within the previous 12 months, the state of Colorado has seen a 9.13% drop in CO2 emissions on account of electricity consumption.
Almost 2.37% of the state of Colorado's electricity comes from hydroelectric power plants, making them 24th highest in the country for total hydroelectric production.
Colorado consumes only 97.61% of the electricity produced in the state, meaning they can store or export the unused 2.39%.
Colorado generates 0.74 megawatt hours per capita per year from solar energy sources, giving the state a rank of 8th in the nation.
FAQ: Common Questions About Electricity in Colorado
Where does Colorado get its electricity?
The main fuel type used for electricity generation in Colorado is Coal, making up 31.62% of the fuel used in the state. The second and third most used fuel types are Natural Gas and Wind, which account for 30.39% and 27.76% 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 14.49 cents.
What is the average electric bill in Colorado?
The Colorado average electricity bill is $99 so far in 2024.
How many electric companies offer service in Colorado?
Colorado has 54 electricity companies operating in the area.
What is the cheapest electricity company in Colorado?
Residential Rate Rank | Provider | Residential Rate (¢) | State Customers |
---|---|---|---|
1 | Fort Morgan Utilities | 7.17 | 6,853 |
2 | Yuma Electric Service | 8.58 | 1,557 |
3 | Moon Lake Electric | 9.32 | 2,231 |
4 | Gunnison Electric | 11.06 | 4,416 |
5 | City of Longmont Electric | 11.30 | 41,548 |
6 | Granada, Colorado Electric Utility | 11.51 | 272 |
7 | Glenwood Springs Electric | 12.04 | 6,474 |
8 | Poudre Valley REA | 12.14 | 53,046 |
9 | Julesburg, Colorado Electric Utility | 12.16 | 904 |
10 | Holy Cross Energy | 12.28 | 58,358 |
What power companies offer service in Colorado?
State Customers Rank | Provider | State Customers |
---|---|---|
1 | Public Service Company of Colorado | 1,575,519 |
2 | Colorado Springs Utilities | 252,772 |
3 | Core Electric Cooperative | 176,860 |
4 | United Power | 109,947 |
5 | Black Hills Energy | 101,313 |
6 | Fort Collins Utilities | 79,307 |
7 | Mountain View Electric Association | 58,710 |
8 | Holy Cross Energy | 58,358 |
9 | Poudre Valley REA | 53,046 |
10 | La Plata Electric Association | 44,629 |
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 69 active power plants generating electricity for the state.