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Energy Profile

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.

Reviewed by EnergyProfile Editorial Team · Updated

15.85¢

Residential

#30

Price Rank

41.3%

Renewable

Residential Rate15.85¢/kWh
Commercial Rate12.47¢/kWh
Industrial Rate9.07¢/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.