Electricity Rates in Idaho springs, CO
Residents of Idaho springs, CO benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 3 electricity providers, with CORE Electric Cooperative being the largest.
Electricity Providers in Idaho springs
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| CORE Electric Cooperative | 15.0¢/kWh | 12.0¢/kWh | Cooperative |
| Public Service Co of Colorado | 15.0¢/kWh | 12.0¢/kWh | Investor Owned |
| United Power, Inc | 16.0¢/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:
Solar Savings in Idaho springs
At 15.0¢/kWh, a typical Idaho springs household spends approximately $1594.80/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 Idaho springs
Charging an electric vehicle at home in Idaho 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
Frequently Asked Questions
What is the average electricity rate in Idaho springs, CO?
The average residential electricity rate in Idaho 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 Idaho springs?
Idaho springs is served by 3 electricity providers. CORE Electric Cooperative is the largest provider in the area, though rates and availability vary by specific address.
How do Idaho springs electricity rates compare to the rest of Colorado?
Idaho 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.