Electricity Cost in Colorado
The residential electricity rate in Colorado is 15.85¢ per kilowatt-hour (kWh), ranking #30 cheapest among all 51 US states. The national average is 17.92¢/kWh, making Colorado 12% below average.
15.85¢
Residential
#30
Price Rank
41.3%
Renewable
| Residential Rate | 15.85¢/kWh |
| Commercial Rate | 12.47¢/kWh |
| Industrial Rate | 9.07¢/kWh |
| US Average (Residential) | 17.92¢/kWh |
Residential electricity in Colorado runs 15.85¢/kWh, 12% below the 17.92¢/kWh national average and the 30th cheapest of 51 states and territories.
Across rate classes, commercial customers pay 12.47¢/kWh and industrial customers 9.07¢/kWh — a 3.40¢/kWh gap that reflects the volume discounts large industrial loads receive. Renewables account for 41.3% of generation in Colorado (14th highest nationally). The largest single source is natural gas at 30.5%, followed by wind at 29.9%.
In 2024, Colorado generated about 58,798 GWh of electricity in total.
Source: U.S. Energy Information Administration, 2026.