Electricity Rates in Silverton, CO

The average residential electricity rate in Silverton, CO is 16.0¢/kWh based on 2024 EIA data. The city is served by 2 utility providers. This is 6.7% above the Colorado state average.

Avg. Residential Rate 16.0¢/kWh
vs. Colorado Avg. +6.7%
vs. National Avg. -10.0%
Providers 2

Electricity Providers in Silverton

Utility Residential Rate Commercial Rate Type
Public Service Co of Colorado 15.0¢/kWh 12.0¢/kWh Investor Owned
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:

Silverton monthly bill $141.76
Silverton annual cost $1701.12
Colorado avg. monthly $132.90
National avg. monthly $157.53

Solar Savings in Silverton

At 16.0¢/kWh, a typical Silverton household spends approximately $1701.12/year on electricity. Solar panels could reduce this by 50–90%.

$1276/yr estimated solar savings

The federal solar tax credit covers 30% of installation costs through 2032.

EV Charging Costs in Silverton

Charging an electric vehicle at home in Silverton 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.

Frequently Asked Questions

What is the average electricity rate in Silverton, CO?

The average residential electricity rate in Silverton, 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 Silverton?

Silverton is served by 2 electricity providers. Public Service Co of Colorado is the largest provider in the area, though rates and availability vary by specific address.

How do Silverton electricity rates compare to the rest of Colorado?

Silverton'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.