Electric Companies in Colorado: Every Utility and Its Rates

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Homes in CO counts only the customers in this state. Price and bill cover the utility's whole territory and bundled customers only. Delivery only means the utility carries power but does not sell it.

Each type is run differently. An investor-owned company answers to shareholders and a state commission. A municipal utility answers to a city. A cooperative answers to its members. That is why the same state can have very different prices and service from one address to the next.

Source: U.S. Energy Information Administration, Form EIA-861 (final 2025 data). Customer-weighted average of the prices utilities report for bundled residential service. It leaves out delivery-only customers and retail providers.

Outside the investor-owned companies, the largest municipal utility is Colorado Springs Utilities (220,059 homes), and the largest electric cooperative is CORE Electric Cooperative (168,587 homes).

Price differences between types come from costs, customer density and the way each type is financed, so a lower average does not decide which is better for your home.

These Colorado utilities are among the 600 largest in the country, and each has a profile with its service area, reliability and rate options.

• ProfileXcel Energy Colorado1.38 million homes. Investor-owned.Open
• ProfileColorado Springs Utilities220 thousand homes. Municipal.Open
• ProfileCORE Electric Cooperative169 thousand homes. Cooperative.Open
• ProfileUnited Power103 thousand homes. Cooperative.Open
• ProfileBlack Hills Colorado Electric98 thousand homes. Investor-owned.Open
• ProfileCity of Fort Collins72 thousand homes. Municipal.Open
• ProfileMountain View Electric Association61 thousand homes. Cooperative.Open
• ProfilePoudre Valley Rural Electric Association51 thousand homes. Cooperative.Open
• ProfileHoly Cross Electric Association50 thousand homes. Cooperative.Open

The statewide average residential price is 15.69 cents per kWh and the average bill is $103.30 a month. See the full breakdown, rankings and neighbors on the Colorado electricity rates page. Among utilities with at least 10,000 bundled residential customers, average prices ran from 9.34 cents at Moon Lake Electric Association to 18.86 cents at San Isabel Electric Association.

Most households cannot choose. The company that serves your address is set by where you live. Regulation and complaints go through the Colorado Public Utilities Commission.