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
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% |
| United States average | 16.48¢ | -8.7% |
| Investor Owned utilities nationally (183) | 17.36¢ | -13.3% |
Rate against consumption: Colorado utilities
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.
| 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.