Electricity Rates in Peyton, CO
Residents of Peyton, 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 City of Colorado Springs - (CO) being the largest.
Electricity Providers in Peyton
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| City of Colorado Springs - (CO) | 14.0¢/kWh | 10.0¢/kWh | Municipal |
| Mountain View Elec Assn, 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 Peyton
At 15.0¢/kWh, a typical Peyton 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 Peyton
Charging an electric vehicle at home in Peyton 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 Peyton, CO?
The average residential electricity rate in Peyton, 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 Peyton?
Peyton is served by 2 electricity providers. City of Colorado Springs - (CO) is the largest provider in the area, though rates and availability vary by specific address.
How do Peyton electricity rates compare to the rest of Colorado?
Peyton's average rate of 15.0¢/kWh is close to the Colorado state average of 15.0¢/kWh. Rates are typical for the region.