Electricity Rates in Somerset, CO
Residents of Somerset, CO benefit from relatively low electricity rates, averaging 14.0¢/kWh — 21.3% below the national average. The city is served by 3 electricity providers, with Delta Montrose Electric Assn being the largest.
Electricity Providers in Somerset
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Delta Montrose Electric Assn | 15.0¢/kWh | 12.0¢/kWh | Cooperative |
| Holy Cross Electric Assn, Inc | 12.0¢/kWh | 10.0¢/kWh | Cooperative |
| Public Service Co of Colorado | 15.0¢/kWh | 12.0¢/kWh | Investor Owned |
Estimated Monthly Electric Bill
Based on the average residential rate of 14.0¢/kWh and typical US household usage of 886 kWh/month:
Solar Savings in Somerset
At 14.0¢/kWh, a typical Somerset household spends approximately $1488.48/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 Somerset
Charging an electric vehicle at home in Somerset costs approximately $126.00/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 Somerset, CO?
The average residential electricity rate in Somerset, CO is 14.0¢ per kilowatt-hour (kWh) based on 2024 data. This translates to an estimated monthly bill of $124.04 for a typical household.
Who provides electricity in Somerset?
Somerset is served by 3 electricity providers. Delta Montrose Electric Assn is the largest provider in the area, though rates and availability vary by specific address.
How do Somerset electricity rates compare to the rest of Colorado?
Somerset's average rate of 14.0¢/kWh is 6.7% below the Colorado state average of 15.0¢/kWh. Residents enjoy some of the lower rates in the state.