Colorado electricity and natural gas rates
Electricity
16.16¢
per kWh
Natural gas
$1.15
per therm
Residential sector, US Energy Information Administration, 2026-05. Updated monthly.
How Colorado compares
At 16.16¢ per kWh, Colorado is below the national average of 19.41¢, making it the 24th cheapest of the 51 states we track.
What a typical Colorado household uses
Electricity a month
665 kWh
Bill a month
$109
Households in Colorado use 23% less electricity than the national average and pay 27% less than average. Light use and a below-average rate together, which is the cheapest position a state can be in. The climate pulls the other way here: 6,000 heating degree days against 700 cooling ones, so how a home is heated matters more than how it is cooled.
Averaged over twelve months across 2,536,887 residential accounts in Colorado. Source: EIA.
What this means for heating
Colorado sees around 150 freezing nights a year. Whether a heat pump beats a furnace here depends on the gap between those two prices above — not on the equipment.
Run the numbers for your ZIP