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

residential customers
  • FL size
    5,236,277
  • CA rate
    307,982

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.

Source EIA Form 861 residential survey, latest release. Average cents per kWh and customer counts from the same rows; no tariff or bill is implied. As of 2024

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

¢/kWh
  • MO
    15
  • OH
    15
  • CO
    15
  • this util
    15
  • KY
    15

What this shows Public Service Co of Colorado reports 15.05¢/kWh, corpus customer-rank 18 of 194.

Source EIA Form 861 residential survey As of 2024
D62/100

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

15.05¢/kWh · median 15.15¢/kWh

Implied annual bill against state peers
68/100

$1,083/yr · median $1,297/yr

State renewable generation context
74/100

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

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%
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

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 050100150 050100150 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.

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.

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.

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.

Same-ownership utilities outside Colorado nearest in residential price
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.