Electricity Rates in Towaoc, CO
Residents of Towaoc, CO benefit from relatively low electricity rates, averaging 15.0¢/kWh — 15.6% below the national average. Empire Electric Assn, Inc serves the area.
Electricity Providers in Towaoc
| Utility | Residential Rate | Commercial Rate | Type |
|---|---|---|---|
| Empire Electric Assn, Inc | 15.0¢/kWh | 11.0¢/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 Towaoc
At 15.0¢/kWh, a typical Towaoc 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 Towaoc
Charging an electric vehicle at home in Towaoc 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 Towaoc, CO?
The average residential electricity rate in Towaoc, 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 Towaoc?
Towaoc is served by 1 electricity provider. Empire Electric Assn, Inc is the largest provider in the area.
How do Towaoc electricity rates compare to the rest of Colorado?
Towaoc's average rate of 15.0¢/kWh is close to the Colorado state average of 15.0¢/kWh. Rates are typical for the region.