Electricity Rates in Colorado springs, CO

Residents of Colorado springs, CO benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 6 electricity providers, with City of Colorado Springs - (CO) being the largest.

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Avg. Residential Rate 15.0¢/kWh
vs. Colorado Avg. 0.0%
vs. National Avg. -15.6%
Providers 6

Electricity Providers in Colorado springs

Utility Residential Rate Commercial Rate Type
Black Hills Colorado Electric, LLC 17.0¢/kWh 12.0¢/kWh Investor Owned
CORE Electric Cooperative 15.0¢/kWh 12.0¢/kWh Cooperative
City of Colorado Springs - (CO) 14.0¢/kWh 10.0¢/kWh Municipal
City of Fountain 14.0¢/kWh 12.0¢/kWh Municipal
Mountain View Elec Assn, Inc 16.0¢/kWh 13.0¢/kWh Cooperative
Southeast Colorado Power Assn 17.0¢/kWh 13.0¢/kWh Cooperative

Estimated Monthly Electric Bill

Based on the average residential rate of 15.0¢/kWh and typical US household usage of 886 kWh/month:

Colorado springs monthly bill $132.90
Colorado springs annual cost $1594.80
Colorado avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Colorado springs

At 15.0¢/kWh, a typical Colorado springs household spends approximately $1594.80/year on electricity. Solar panels could reduce this by 50–90%.

$1196/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

Find solar installers in Colorado springs → Get an AI-powered solar site assessment →

EV Charging Costs in Colorado springs

Charging an electric vehicle at home in Colorado springs costs approximately $135.00/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

Villegreen 18.0¢/kWh Copper mountain 15.0¢/kWh Green mountain f 15.0¢/kWh Fairplay 15.0¢/kWh Wiley 17.0¢/kWh Jefferson 15.0¢/kWh Englewood 15.0¢/kWh Salida 16.0¢/kWh

Frequently Asked Questions

What is the average electricity rate in Colorado springs, CO?

The average residential electricity rate in Colorado springs, CO is 15.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $132.90 for a typical household.

Who provides electricity in Colorado springs?

Colorado springs is served by 6 electricity providers. City of Colorado Springs - (CO) is the largest provider in the area, though rates and availability vary by specific address.

How do Colorado springs electricity rates compare to the rest of Colorado?

Colorado springs's average rate of 15.0¢/kWh is close to the Colorado state average of 15.0¢/kWh. Rates are typical for the region.