Electricity Rates in Lafayette, CO
Residents of Lafayette, CO benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. The city is served by 2 electricity providers, with Public Service Co of Colorado being the largest.
Electricity Providers in Lafayette
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| 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 Lafayette
At 15.0¢/kWh, a typical Lafayette 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 Lafayette
Charging an electric vehicle at home in Lafayette 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 Lafayette, CO?
The average residential electricity rate in Lafayette, 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 Lafayette?
Lafayette is served by 2 electricity providers. Public Service Co of Colorado is the largest provider in the area, though rates and availability vary by specific address.
How do Lafayette electricity rates compare to the rest of Colorado?
Lafayette's average rate of 15.0¢/kWh is close to the Colorado state average of 15.0¢/kWh. Rates are typical for the region.