Colorado · Investor Owned

Public Service Co of Colorado Electricity Rates

Average residential price, customers served and derived annual usage from EIA Form 861, 2024 release.

15.05¢
Avg residential price / kWh
1.4M
Residential customers
+0.7%
vs Colorado average
$1,083
Implied avg annual bill

Public Service Co of Colorado charged an average of 15.05¢ per kWh to residential customers in 2024 - close to the Colorado average and below the US average.

Public Service Co of Colorado is investor owned - a shareholder-owned company whose retail rates are set through a state regulatory commission. Its reported average residential price is close to the Colorado customer-weighted average (+0.7%). Its customers used below the national residential norm at about 7,199 kWh a year each.

How this price compares

Ranked by price against the 41 utilities reporting residential rates in Colorado, Public Service Co of Colorado comes 20th of 41. The state's range runs from City of Fort Morgan at 6.97¢ to SunPower Capital, LLC at 24.78¢, so where a household sits inside Colorado depends far more on which utility serves it than on the statewide average alone.

Against the 1 other investor owned utilities reporting in Colorado, which averaged 17.05¢, Public Service Co of Colorado is below its own ownership class within the state (-11.7%).

All figures come from the 2024 release, so no comparison mixes vintages. The state figure is customer-weighted across 41 reporting utilities.

Where Public Service Co of Colorado sits among Colorado utilities

2024 average residential price across the 41 utilities reporting a rate in Colorado

15.05¢/kWh Top 49% most affordable More affordable than 53% of 40 other utilities

Public Service Co of Colorado

average residential price, equal-width bands

Each bar spans 2¢/kWh. Taller bars contain more utilities; the dashed marker locates this utility. Hover, focus or tap a bar for its exact count and share.

Source EIA Form 861 · 2024

Public Service Co of Colorado average residential price against three benchmarks, 2024
BenchmarkPrice / kWhDifference
Public Service Co of Colorado 15.05¢ -
Colorado (customer-weighted, 41 utilities) 14.94¢ +0.7%
United States average 16.48¢ -8.7%
Investor Owned utilities nationally (183) 17.36¢ -13.3%

Rate against consumption: Colorado utilities

Each dot is one of the 41 Colorado utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Public Service Co of Colorado is highlighted. In Colorado the cheapest rate belongs to City of Fort Morgan (6.97¢) while the smallest implied annual bill belongs to Sunnova ($612) - a household's bill is price multiplied by consumption, so the two rankings are different lists. 2×2 strategic matrix plotting 41 entities by Price rank percentile (100 = most expensive in state) (X) and Consumption rank percentile (100 = heaviest use) (Y), with a crosshair dividing the plot into four quadrants. Costly rate, heavy useCheaper rate, heavy useCostly rate, light useCheaper rate, light use -50050100150 -50050100150 Price rank percentile (100 = most expensive in state) Consumption rank percentile (100 = heaviest use)
Each dot is one of the 41 Colorado utilities reporting both a residential price and residential sales in 2024, placed by its rank percentile within that group rather than its raw value, so one very large utility cannot flatten the rest. Bubble size follows customers served, rank-scaled so a utility with millions of customers cannot swamp the rest. Public Service Co of Colorado is highlighted. In Colorado the cheapest rate belongs to City of Fort Morgan (6.97¢) while the smallest implied annual bill belongs to Sunnova ($612) - a household's bill is price multiplied by consumption, so the two rankings are different lists.

Scale and consumption

Public Service Co of Colorado reported 1.4M residential customers, ranking 1st of 41 utilities in Colorado by customers served and covering 54.2% of the state's reported residential customers.

Dividing reported residential sales by customers served gives about 7,199 kWh per customer per year - below the national residential norm, implying a typical annual bill near $1,083.

Within Colorado the median reporting utility sells about 8,597 kWh per customer, so Public Service Co of Colorado customers use -16.3% against their own state's middle. Consumption this light usually tracks denser housing, gas heating or a milder service territory, which softens the bill impact of a high per-kWh price.

Every utility reporting in Colorado

All 41 utilities reporting bundled residential service in Colorado, largest first, with Public Service Co of Colorado marked. The named companies either side of it are the ones a household in this state might otherwise be served by.

Residential utilities in Colorado, 2024, ranked by customers served
Utility Ownership Customers Avg ¢/kWh
Public Service Co of Colorado (this page) Investor Owned 1.4M 15.05¢
City of Colorado Springs - (CO) Municipal 216.8K 14.45¢
CORE Electric Cooperative Cooperative 165.1K 15.04¢
United Power, Inc Cooperative 101.5K 15.75¢
Black Hills Colorado Electric, LLC Investor Owned 89.3K 17.05¢
City of Fort Collins - (CO) Municipal 70.8K 13.21¢
Mountain View Elec Assn, Inc Cooperative 59.8K 15.52¢
Holy Cross Electric Assn, Inc Cooperative 50.0K 12.04¢
Poudre Valley REA, Inc Cooperative 49.6K 12.21¢
City of Longmont Municipal 40.9K 12.30¢
La Plata Electric Assn, Inc Cooperative 39.9K 16.71¢
City of Loveland - (CO) Municipal 37.0K 14.40¢
Delta Montrose Electric Assn Cooperative 32.6K 14.97¢
San Isabel Electric Assn, Inc Cooperative 23.3K 17.78¢
Yampa Valley Electric Assn Inc Cooperative 23.3K 16.76¢
Mountain Parks Electric, Inc Cooperative 19.2K 15.98¢
Grand Valley Power Cooperative 17.3K 15.94¢
City of Fountain Municipal 17.2K 13.74¢
Tesla Inc. Behind the Meter 12.9K 11.63¢
Empire Electric Assn, Inc Cooperative 12.9K 15.31¢
San Miguel Power Assn, Inc Cooperative 12.2K 16.32¢
San Luis Valley R E C, Inc Cooperative 9.1K 18.38¢
Sunrun Inc. Behind the Meter 8.6K 15.88¢
Southeast Colorado Power Assn Cooperative 8.1K 17.22¢
City of Fort Morgan Municipal 6.0K 6.97¢
Morgan County Rural Elec Assn Cooperative 5.8K 14.37¢
Sunnova Behind the Meter 5.8K 15.53¢
Highline Electric Assn Cooperative 5.0K 14.12¢
Y-W Electric Assn Inc Cooperative 4.9K 15.64¢
K C Electric Association Cooperative 3.4K 13.09¢
White River Electric Assn, Inc Cooperative 2.6K 13.78¢
Moon Lake Electric Assn Inc Cooperative 1.5K 9.35¢
SunPower Capital, LLC Behind the Meter 1.3K 24.78¢
Spruce Finance Behind the Meter 1.1K 9.27¢
High West Energy, Inc Cooperative 670 15.15¢
EverBright, LLC Behind the Meter 287 12.10¢
Palmetto Solar, LLC Behind the Meter 59 15.45¢
Wheatland Electric Coop, Inc Cooperative 31 18.37¢
Greenbacker Renewable Energy Corporation Behind the Meter 10 10.33¢
Tri-County Electric Coop, Inc (OK) Cooperative 9 16.03¢
Southwestern Electric Coop Inc - (NM) Cooperative 5 19.90¢

For generation mix and price history statewide, see electricity rates in Colorado.

Common questions about Public Service Co of Colorado rates

How much does Public Service Co of Colorado charge per kWh?
Public Service Co of Colorado reported an average residential price of 15.05¢ per kWh across its bundled residential customers in the 2024 EIA Form 861 release. That is an annual average across all its residential customers, not a rate schedule, so an individual bill depends on the tariff, usage pattern and season.
Is Public Service Co of Colorado expensive compared with the rest of Colorado?
Its average residential price is close to the Colorado customer-weighted average of 14.94¢ per kWh, a difference of +0.7%. The state figure is weighted by customers across the 41 utilities reporting residential service in Colorado.
What is the average electricity bill for Public Service Co of Colorado customers?
Dividing reported residential sales by residential customers gives about 7,199 kWh per customer per year. At the reported average price that implies roughly $1,083 a year, or about $90 a month. This is RateWatt's arithmetic on two EIA columns, not a figure EIA publishes.
Who owns Public Service Co of Colorado?
EIA classifies Public Service Co of Colorado as Investor Owned, a shareholder-owned company whose retail rates are set through a state regulatory commission. Nationally, Investor Owned utilities averaged 17.36¢ per kWh in the 2024 release.

What this page does and does not tell you

  • An average across bundled residential customers for the year, revenue divided by sales, not a rate schedule.
  • Form 861 presence is not evidence of availability at an address or of customer choice.

See our methodology, why energy prices vary and understanding rate structures.

Source: U.S. Energy Information Administration (EIA), Form 861 annual electric power industry report, 2024 release. Retrieved and formatted by RateWatt.

Disclaimer: This information is provided for informational purposes only and does not constitute professional or financial advice. Data is sourced from the U.S. Energy Information Administration (EIA). Rates change and averages do not describe any individual account. Consult your utility or a qualified professional before making decisions based on this data.

Every figure on RateWatt is rendered directly from official U.S. Energy Information Administration (EIA) data, no number is typed in by an editor. Average price, customers and sales are reported by EIA Form 861 (2024). Per-customer annual usage, the implied annual bill, the customer-weighted state average and every percentage difference are RateWatt's arithmetic on those reported columns. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.