Electricity Costs in Denver, Colorado (2026)
Denver households pay Colorado’s statewide average residential rate of 17.13¢/kWh (June 2026), served primarily by Xcel Energy. Below: exact operating costs for the appliances and vehicles most likely to be on your bill, plus solar payback specific to Denver’s latitude. Based on the EIA U.S. average household consumption of 893 kWh/month. Actual Denver usage varies with climate — Sun Belt cities like Phoenix or Houston average 1,200-1,500 kWh/month; mild-climate cities like San Francisco or Seattle average 400-600 kWh/month. Each of the biggest household electric loads, at Denver’s rate: Home Level 2 charging costs for popular EVs, at Denver’s residential rate: A typical 6 kW rooftop solar system in Denver costs about $18,000 gross ($3.00/W Colorado state avg), $12,600 after the 30% federal tax credit. Estimated annual savings: $1,609. Payback: 7.8 years. Full Colorado solar payback analysis → · Are solar panels worth it in Colorado? → Typical gross install costs for major home energy upgrades, at Colorado averages (Denver may run ±15%): Primary utility: Xcel Energy. Rate data on this page uses the EIA Colorado residential state average. Your actual utility bill may include time-of-use pricing, tiered rates, or monthly service fees on top of the per-kWh energy charge.Top appliance costs in Denver
Appliance Annual cost See full calculator Electric Water Heater $844 Details → Tankless Electric Water Heater $788 Details → Level 2 EV Charger $734 Details → Central Air Conditioner $576 Details → Hot Tub $563 Details → Pool Pump $370 Details → Heat Pump (whole-home) $360 Details → Portable Air Conditioner $214 Details → EV charging cost in Denver
EV Annual home charging cost Full breakdown Tesla Model 3 Long Range $571 Details → Tesla Model Y Long Range $617 Details → Tesla Model S $653 Details → Tesla Model X $761 Details → Solar in Denver
Installation costs in Denver
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