Electricity Rates in Norwood, CO
The average residential electricity rate in Norwood, CO is 16.0¢/kWh based on 2024 EIA data. San Miguel Power Assn, Inc provides electricity to the area. This is 6.7% above the Colorado state average.
Electricity Providers in Norwood
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| San Miguel Power Assn, Inc | 16.0¢/kWh | 13.0¢/kWh | Cooperative |
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 Norwood
At 16.0¢/kWh, a typical Norwood 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 Norwood
Charging an electric vehicle at home in Norwood 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 Norwood, CO?
The average residential electricity rate in Norwood, 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 Norwood?
Norwood is served by 1 electricity provider. San Miguel Power Assn, Inc is the largest provider in the area.
How do Norwood electricity rates compare to the rest of Colorado?
Norwood'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.