Electricity Rates in Basalt, CO
Residents of Basalt, CO benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 2 electricity providers, with Holy Cross Electric Assn, Inc being the largest.
Electricity Providers in Basalt
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Holy Cross Electric Assn, Inc | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
| Public Service Co of Colorado | 15.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Basalt
At 14.0¢/kWh, a typical Basalt household spends approximately $1488.48/year on electricity. Solar panels could reduce this by 50–90%.
The federal solar tax credit covers 30% of installation costs through 2032.
EV Charging Costs in Basalt
Charging an electric vehicle at home in Basalt costs approximately $126.00/month at current rates, based on average driving habits (about 30 kWh per charge, charged daily). Compare to public charging prices at ChargeBuddy.ai.
Nearby Cities in Colorado
Frequently Asked Questions
What is the average electricity rate in Basalt, CO?
The average residential electricity rate in Basalt, CO is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Basalt?
Basalt is served by 2 electricity providers. Holy Cross Electric Assn, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Basalt electricity rates compare to the rest of Colorado?
Basalt's average rate of 14.0¢/kWh is 6.7% below the Colorado state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.