Electricity Rates in Rand, CO
The average residential electricity rate in Rand, CO is 16.0¢/kWh based on 2024 EIA data. Mountain Parks Electric, Inc provides electricity to the area. This is 6.7% above the Colorado state average.
Electricity Providers in Rand
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Mountain Parks Electric, Inc | 16.0¢/kWh | 12.0¢/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 Rand
At 16.0¢/kWh, a typical Rand 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 Rand
Charging an electric vehicle at home in Rand 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 Rand, CO?
The average residential electricity rate in Rand, 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 Rand?
Rand is served by 1 electricity provider. Mountain Parks Electric, Inc is the largest provider in the area.
How do Rand electricity rates compare to the rest of Colorado?
Rand'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.