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Electricity rates in Colorado

Homes in Colorado pay an average of 17.13¢ per kWh, 7% below the national average of 18.34¢. Enter your bill to see where you stand.

Colorado average: 17.13¢/kWh
Avg monthly bill: $121
Past 12 months: +6.8%

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How Colorado electricity prices compare

Colorado ranks 29th cheapest of 51 (50 states plus D.C.) for residential electricity. At 17.13¢/kWh, it sits 7% below the national average of 18.34¢, and prices are up 6.8% over the past year.

The typical Colorado household uses about 706 kWh a month and pays around $121. Among West states, Nevada, Utah and Idaho have lower rates.

Rate: 17.13¢
vs U.S.: −7%
Avg usage: 706 kWh
National rank: 29th

To find your own rate, divide your total bill by the kWh you used. If you paid $121 for 706 kWh, you're right at the Colorado average.

Can you choose your electricity provider in Colorado?

No. Colorado is a regulated market: Xcel Energy, Black Hills Energy and Colorado Springs Utilities both deliver and sell your power, and rates are set by the state utility commission. You can't switch supplier, but you can change how you pay, for example with a time-of-use plan, budget billing or efficiency upgrades.

Main electric utilities in Colorado

Most Colorado homes are served by Xcel Energy, Black Hills Energy and Colorado Springs Utilities. Your utility's name and account number are near the top of your bill.

How to lower your electric bill in Colorado

Ask your utility about time-of-use pricing. Shifting laundry, dishwashing and EV charging to off-peak hours can cut 5–15%.
Look at community solar. Colorado has community solar programs that credit your bill for a share of a local solar farm, often 5–15% savings with no rooftop panels.
Tackle heating and cooling first. A smart thermostat and sealed air leaks usually save more than any other single change.
Check for assistance programs. LIHEAP and utility discount programs can lower bills for eligible households.

Colorado electricity FAQ

What is the average electricity rate in Colorado?

The average residential rate in Colorado is 17.13 cents per kWh as of September 2026, 7% below the national average of 18.34¢.

What is the average electric bill in Colorado?

About $121 per month, based on average use of roughly 706 kWh.

Can I switch electricity providers in Colorado?

No. Colorado is regulated, so your utility sells and delivers your power.

Who are the main electric utilities in Colorado?

The main utilities in Colorado are Xcel Energy, Black Hills Energy and Colorado Springs Utilities.

Compare other West states

Averages are EIA residential revenue divided by kWh sold, September 2026. Your rate depends on your utility, plan and season. See all 50 states.