Electricity Rates in Lamar, CO
The average residential electricity rate in Lamar, CO is 17.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 13.3% above the Colorado state average.
Electricity Providers in Lamar
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Black Hills Colorado Electric, LLC | 17.0¢/kWh | 12.0¢/kWh | Investor Owned |
| Southeast Colorado Power Assn | 17.0¢/kWh | 13.0¢/kWh | Cooperative |
Estimated Monthly Electric Bill
Based on the average residential rate of 17.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Lamar
At 17.0¢/kWh, a typical Lamar household spends approximately $1807.44/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 Lamar
Charging an electric vehicle at home in Lamar costs approximately $153.00/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 Lamar, CO?
The average residential electricity rate in Lamar, CO is 17.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $150.62 for a typical household.
Who provides electricity in Lamar?
Lamar is served by 2 electricity providers. Black Hills Colorado Electric, LLC is the largest provider in the area, though rates and availability vary by specific address.
How do Lamar electricity rates compare to the rest of Colorado?
Lamar's average rate of 17.0¢/kWh is 13.3% above the Colorado state average of 15.0¢/kWh. Residents may benefit from exploring solar energy to offset higher electricity costs.