Electricity Rates in Holly, CO
The average residential electricity rate in Holly, CO is 18.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 20.0% above the Colorado state average.
Electricity Providers in Holly
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Southeast Colorado Power Assn | 17.0¢/kWh | 13.0¢/kWh | Cooperative |
| Wheatland Electric Coop, Inc | 18.0¢/kWh | 17.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 18.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Holly
At 18.0¢/kWh, a typical Holly household spends approximately $1913.76/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 Holly
Charging an electric vehicle at home in Holly costs approximately $162.00/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 Holly, CO?
The average residential electricity rate in Holly, CO is 18.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $159.48 for a typical household.
Who provides electricity in Holly?
Holly is served by 2 electricity providers. Southeast Colorado Power Assn is the largest provider in the area, though rates and availability vary by specific address.
How do Holly electricity rates compare to the rest of Colorado?
Holly's average rate of 18.0¢/kWh is 20.0% above the Colorado state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.