Colorado · Investor Owned · investor
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
Among 194 utilities with 100,000 or more residential customers, Public Service Co of Colorado ranks #89 by average cents per kWh and #18 by residential customers. 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 Form 861 US customer-weighted average.
San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count. 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.
- San Diego Gas & Electric Co 43.63¢ · customers rank #90
- Florida Power & Light Co 5,236,277 customers · price rank #122
Highest average rate is not the most customers
Residential customers for the average-rate #1 and customers #1 utilities among 194 with 100,000 or more residential customers
- FL size
Florida Power & Light Co
5,236,277 residential customers
- CA rate 307,982
San Diego Gas & Electric Co
307,982 residential customers
What this shows San Diego Gas & Electric Co ranks #1 of 194 by average residential cents per kWh (43.63¢, 307,982 customers, customers rank #90). Florida Power & Light Co ranks #1 of 194 by residential customers (5,236,277 customers at 13.71¢, price rank #122). The highest average rate is not the largest customer count.
EIA Form 861 utility filing desk
Release CO-2024 · Public Service Co of Colorado NEAR STATE
Public Service Co of Colorado · Form 861 2024 · NEAR STATE
- RATE 15.05¢/kWh
- RANK #20/41
- VS-ST +0.7%
- VS-US -12.1%
- CUST 1.4M
- BILL $1,083
- OWN IOU
- PHOTO CO 0.00¢
- BOOK 18/194
Nearest Form 861 price peer: CORE Electric Cooperative (CO) (-0.00¢ gap)
EIA Form 861 residential filing stamps for this utility record. Read with this utility → · Colorado rates
Public Service Co of Colorado in the Form 861 price neighbourhood
Average residential ¢/kWh among this utility and nearest indexable peers
- MO
Empire District Electric Co
15 ¢/kWh
- OH
Duke Energy Ohio Inc
15 ¢/kWh
- CO
CORE Electric Cooperative
15 ¢/kWh
- this util
Public Service Co of Colorado
15 ¢/kWh
- KY
Kentucky Power Co
15 ¢/kWh
What this shows Public Service Co of Colorado reports 15.05¢/kWh, corpus customer-rank 18 of 194.
RateWatt cost context
How Public Service Co of Colorado compares on reported cost context
A weighted comparison, not a tariff quote, reliability grade, service-quality score, or recommendation. Lower price and lower implied annual bill score better against reporting utilities in Colorado; the state generation context is shown separately.
- Price against state peers
- 53/100
- Implied annual bill against state peers
- 68/100
- State renewable generation context
- 74/100
15.05¢/kWh · median 15.15¢/kWh
$1,083/yr · median $1,297/yr
45.5% · median 22.8%
Weights: 50% price, 30% implied annual bill, 20% state renewable-generation context. Unreported inputs are excluded and the remaining weights are redistributed. Price and bill use EIA Form 861 (2024); generation context uses EIA state generation data (2025) and is not attributed to this provider.
Rate comparison
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, whose customer-weighted average is 17.05¢, Public Service Co of Colorado is below its own ownership class within the state (-11.7%).
State price distribution
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
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
| Benchmark | Price / kWh | Difference |
|---|---|---|
| Public Service Co of Colorado | 15.05¢ | - |
| Colorado (customer-weighted, 41 utilities) | 14.94¢ | +0.7% |
| US Form 861 customer-weighted average (1.5K utilities) | 17.11¢ | -12.1% |
| Investor Owned customer-weighted US avg (183 utilities) | 18.37¢ | -18.1% |
Rate against consumption: Colorado utilities
Territory and usage
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 - -16.3% against the Colorado median of 8,597 kWh , implying a typical annual bill near $1,083.
State peers
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.
| 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.
Ownership class peers
Investor Owned utilities with similar residential prices
Beyond Colorado, these indexable investor owned utilities report the closest residential averages to Public Service Co of Colorado in the same Form 861 release. Peer sets differ by ownership class and price, not a shared national list.
| Utility | State | Customers | Avg ¢/kWh |
|---|---|---|---|
| Kentucky Power Co | Kentucky | 130.9K | 15.07¢ |
| Duke Energy Ohio Inc | Ohio | 294.1K | 15.00¢ |
| Empire District Electric Co | Missouri | 142.5K | 14.99¢ |
| Duke Energy Progress - (NC) | South Carolina | 143.7K | 14.88¢ |
| Commonwealth Edison Co | Illinois | 2.9M | 15.22¢ |
FAQ
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, the customer-weighted average across Investor Owned utilities was 18.37¢ per kWh in the 2024 Form 861 release.
Limitations
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 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, the Form 861 US customer-weighted average, the ownership-class customer-weighted average, and every percentage difference are RateWatt's arithmetic on those reported columns, never the separate EIA retail-sales statewide series. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2025.