Electricity Rates in Penrose, CO
The average residential electricity rate in Penrose, CO is 17.0¢/kWh based on 2024 EIA data. Black Hills Colorado Electric, LLC provides electricity to the area. This is 13.3% above the Colorado state average.
Electricity Providers in Penrose
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Black Hills Colorado Electric, LLC | 17.0¢/kWh | 12.0¢/kWh | Investor Owned |
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 Penrose
At 17.0¢/kWh, a typical Penrose 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 Penrose
Charging an electric vehicle at home in Penrose 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 Penrose, CO?
The average residential electricity rate in Penrose, 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 Penrose?
Penrose is served by 1 electricity provider. Black Hills Colorado Electric, LLC is the largest provider in the area.
How do Penrose electricity rates compare to the rest of Colorado?
Penrose'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.