Electricity Rates in Grand lake, CO
The average residential electricity rate in Grand lake, CO is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.7% above the Colorado state average.
Electricity Providers in Grand lake
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Mountain Parks Electric, Inc | 16.0¢/kWh | 12.0¢/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 16.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Grand lake
At 16.0¢/kWh, a typical Grand lake household spends approximately $1701.12/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 Grand lake
Charging an electric vehicle at home in Grand lake costs approximately $144.00/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 Grand lake, CO?
The average residential electricity rate in Grand lake, CO is 16.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $141.76 for a typical household.
Who provides electricity in Grand lake?
Grand lake is served by 2 electricity providers. Mountain Parks Electric, Inc is the largest provider in the area, though rates and availability vary by specific address.
How do Grand lake electricity rates compare to the rest of Colorado?
Grand lake's average rate of 16.0¢/kWh is 6.7% above the Colorado state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.